Nob Hill Church / Retail Redevelopment

Highlights:

• Existing freestanding church building servicing Nob Hill
• Creative ownership with options to purchase or lease
• Opportunity for turn-key church or an adaptive retail reuse
• Strong traffic counts with area anchor tenants Sprouts, Ace Hardware & True Value
• Current layout includes large sanctuary, two stages for youth groups, full kitchen and numerous classrooms and offices
• Great street presence with over 20,000 cars per day and monument sign at lighted intersection

Description:

PROPERTY OVERVIEW
4800 Lomas as it exists today is a freestanding church building located in Nob Hill at the signalized intersection of Lomas Blvd and Monroe St. The building can very easily be used again by a new church, featuring a large sanctuary, multiple youth and children rooms and overall a great layout for a church; but also has the opportunity for a new use altogether. This building was originally constructed as a Furr’s grocery store, servicing the surrounding neighborhoods and has the ability to be reimagined once again. With MX-M zoning, this opens up the redevelopment opportunities like mixed-use, multi-family, large format retail, drive-thru, car was, banks, and more.

LOCATION OVERVIEW
Big things are happening in the supermarket surrounding 4800 Lomas. The intersection of San Mateo and Lomas is anchored by Sprouts, True Value, and Ace Hardware, which brings steady traffic to the area. Construction is completed on the new Whole Foods and American Home at Carlisle and Indian School, and with it, new projects underway where each vacated in the same submarket. Most notable for this area is the redevelopment of the former Bank of the West towers at San Mateo and Central into mixed-used apartments, slated in 2025/26. This area north of Nob Hill continues to be a huge draw area for the University of New Mexico and many of the surrounding neighborhoods as part of this walkable/urban core of the city

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