Albuquerque, NM Retail Property For Sale

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Retail for Sale

Albuquerque, NM 87110

-NOI | $391,233.62

-100% Leased

-Below Market Rents

-Base + Percentage rent on Melrose

Property Overview:

San Mateo Square is a 47,551 SF Shopping Center located in the

NE Heights of Albuquerque, New Mexico. This shopping center is

100% occupied by a multitude of National and Local tenants. The

property is anchored by DD’s Discounts and is a regional leader

for the brand. The Shopping Center is situated on 3.41 Acres of

MX-M zoned land allowing for a wide variety of uses. The property

boasts over 460’ of frontage to San Mateo Blvd. The property has

four points of ingress/egress and has left-in/left-out access to

San Mateo. San Mateo Square is also home to Melrose, Allstate

Insurance, The Grill Restaurant, World Finance, Hunter Douglas,

Nutrition Del Norte, NM Brief Relief & San Francisco Nail. The

property also generates revenue from two outparcel users, an

emissions station and a CU Anytime ATM.

Location Overview:

San Mateo Square is located in the NE quadrant of Albuquerque,

New Mexico on a major North/South Thoroughfare. Located on San

Mateo, the property is visible to over 39,000 VPD on the commuter

corridor. This center is near the geographic center of Albuquerque

(San Mateo & Montgomery) making for a convenient location for

business and benefiting from high population density. The property

is in direct proximity to a major power center (Montgomery Plaza)

as well as within close proximity to Albuquerque Uptown and the

high daytime population that resides there.

Retail for Sale

Albuquerque, NM 87109

Currently divided into 8 suites, formerly theatres

Concession stand that may allow for conversion into a commercial kitchen

21'-25' ceiling heights

2nd story mezzanine in place

176 parking spaces - parking ratio 6.3:1 and cross access parking

New roof in 2017 with 20- year warranty

Building fully conditioned HVAC

3-phase electrical service, 480 volt, 1600 amps

Zoning is ideal for churches, entertainment, charter schools, office

Retail for Sale

Albuquerque, NM 87108

Shell building on San Mateo Blvd SE near VA Hospital, Kirtland AFB Truman Gate, and Sandia National Laboratories. MX-L zoning allows for a multitude of uses. The lot has ample parking on the south side and in the rear of the building.

Retail for Sale

Albuquerque, NM 87114

Single-Tenant NNN Ground Lease - Murphy USA

New 20-year ground lease

- Projected rent commencement date of February 2021

- Zero landlord responsibilities

- Significant capital investment by Tenant

Strong credit tenant (Murphy Oil USA, Inc.)

- BB+ credit rating

- Traded on the NYSE (MUSA)

- Operates more than 1,400+ locations

Building Size: +/- 2,824 SF

Land Size: +/- 0.9 Acres

Attractive 8% rental increases every 5 years (base term and options)

Strong real estate fundamentals

- Hard corner, signalized intersection

- Neighboring tenants include Sonic, Champion Xpress Car Wash and Circle K among many others

- This location sells alcohol (high barrier to entry and very desirable)

Significant traffic counts with excellent visibility

- Alameda Blvd (Hwy 528) is a river crossing (connects the east and west sides of the City)

- Over 40,000 cars per day at the intersection of Alameda Blvd. and 2nd St.

Bonus/Additional Income

- Twice the Ice has an ice machine on the site and pays $622/month ($7,464.00/yr) which is not included in the NOI

Retail for Sale

Albuquerque, NM 87114

1 acre located in Albuquerque's (Bernalillo County) North Valley. This property is located less than 100 yds. from the on ramp one of Albuquerque's busiest thorough fares: Paseo Del Norte (Paseo). Paseo carries a VPD of 66,276 as it serves the Cottonwood Mall area, Rio Rancho, West Mesa, and Albuquerque's North Valley.. The parcel, directly located on the SEC of 2nd St. & El Pueblo Rd., carries a VPD of 39,240. .

Retail for Sale

Albuquerque, NM 87108

Retail for Sale

Albuquerque, NM 87109

- Good upside property with only one ±1,144 SF suite vacant

- Great location at signalized intersection of Montgomery & San Pedro in the NE Heights

- Large monument signage

- Great car counts at 51,000 cars per day

- 10-years old

- Building was rebuilt from the ground up (Including roof and mechanical)

- Concrete parking lot

- Parking ratio of 4.1:1,000

Retail for Sale

Albuquerque, NM 87122

Great retail space located near La Cueva High School, the Domingo Baca Complex, La Cueva Shopping Center, many other shopping centers, and large apartment complexes and many single family residences. This area has some of the best demographics in the State! Approximately 2,293 for a tenant/buyer.

Retail for Sale

Albuquerque, NM 87107

Trade Area Overview

Hard corner, lighted intersection with high traffic counts

Easy interstate (I-40) access

Located between Uptown, Downtown, & The University of New Mexico

NE Heights sub-market w/ strong demographics

Multiple access points both on Menaul Blvd. & Carlisle Blvd

Located between high performing Whole Foods and NM’s top performing

Super Walmart

Established trade area with more than 124,000 people within 3 mile radius

Retail for Sale

Albuquerque, NM 87121

801 Old Coors is an automotive property in the SW mesa that is TURNKEY ready

for any automotive business. This property contains 3 drive-in bays and all

equipment needed including vehicle lifts, air compressors, etc. This property is

ready for a new business to thrive!

Retail for Sale

Albuquerque, NM 87107

Retail for Sale

Albuquerque, NM 87106

Located directly north of the

Albuquerque International Sunport

and features striking modern facade

with multiple patios and rooftop deck

Retail for Sale

Albuquerque, NM 87109

• Corner site with high visibility from San Mateo

• Building and pole signage available

• Covered patio for outdoor seating or displays

• Convenient parking with additional street parking on Lincoln

• Multi-level space for display/inventory/production

• Located in high traffic area

• Recent building upgrades:

o Renovated façade & storefront, TPO roof

o 4” sewer line from city main to building and fire suppression line and

riser with backflow stubbed into building.

o 600-amp three phase electric service with (3) meters.

• Interior is in cold shell condition

Retail for Sale

Albuquerque, NM 87105

Long John Silver has been at this location since 1975! Remodel just completed in December 2020 with 11 years remaining on the absolute NNN lease. This is a corporate run store so no franchisee. This is a rare fine, NNN lease and lower price to entry. This won't last long!.

Retail for Sale

Albuquerque, NM 87112

This building has one tenant currently with the other two suites vacant. Remodeled a few years ago it is ready for new tenants, The building is sprinkled which is unusual for a building of this size and age. Another unusual feature is a fenced yard in the rear for storage. The seller is creative so if you have an interest bring it and let's see what we can work out.

Retail for Sale

Albuquerque, NM 87106

Retail for Sale

Albuquerque, NM 87107

Priced for a quick sale!

$4,000,000 (approximately $55/sf)

72,481± SF

69% Vacant

5.92± Acres

MX-M Zoning

This property offers tremendous upside to a savvy buyer. Formerly occupied by JC Penny Home Store, and constructed around 1996, this location served the community for approximately 20 years. Located adjacent to all the major furniture retailers and know as "Furniture Row", possibilities exist for a number of second generation users. The building offers high ceilings and could be redeveloped into retail/showroom, smaller retail format or office/flex space. Possibilities also exist for retail pad sites along Menaul (25,400 CPD).

See agent for more details.

Retail for Sale

Albuquerque, NM 87102

A 7,500 SF free standing building on the SE Corner of 4th St. and Mountain Rd. with a Warehouse 39.5 x 70.4, skylights in the warehouse, one loading door. Property is on 4th Street between Mountain and Granite, Lots 1, 2 & 3 containing 1.82 acres. The property is three blocks North of Bernalillo Metropolitan Court and Lomas Blvd.

Property is also for Lease Catylist ID: #30674142

Retail for Sale

Albuquerque, NM 87112

Absolute Investment Realty is proud to present this opportunity to purchase a like-new building (built in 2017) with Restaurant infrastructure, a drive thru and existing patio.

Surrounded by restaurants, grocery stores, retail shopping, home improvement stores, and automotive services, This site serves Albuquerque’s Northeast Heights as well as communities east of the Sandia Mountains.

With a high barrier to entry and an existing drive-thru the site offers a versatile and rare opportunity to purchase a like-new property below replacement cost.

Please Contact Broker for more details-

Retail for Sale

Albuquerque, NM 87114

> Well located freestanding box available with excellent frontage

> National co-tenancy with abundant national retailers, restaurants and entertainment in close proximity

> Exceptional Paseo del Norte and Golf Course Rd visibility with high traffic counts:

- Golf Course Rd: 26,300 VPD

- Paseo del Norte: 18,200 VPD

> Full movement ingress / egress on Golf Course Rd

> Ample parking ratio at 4.41 / 1,000

> Desirable demographics

> Pima Medical will be vacating with their lease expiring March 31, 2021

Retail for Sale

Albuquerque, NM 87111

• “Turnkey” Restaurant Opportunity

• Patio heaters are natural gas lines from the building

• Conduit in place to SE pad for potential ATM

• 120/208 Volt, 400 Amp 3 Phase power

• Pitched Metal Roof

• Central HVAC / Gas Heat

• 36 Parking Spaces (6/1000)

Retail for Sale

Albuquerque, NM 87106

Historic Jones Motor Company building, on the New Mexico State Register of Cultural Properties and on the National Register of Historic Places

Large patio, with space heaters, and seating for over 150 people

A turn-key operation - includes all FF&E: kitchen cookware, restaurant flatware and full brewery

Tenants (Cold Stone Creamery, Consignment Store and Agave Florist at Nob Hill) bring in over $52,000/year or $4,400/month in rent

New roof with warranty and new HVAC installed in November 2020

Heavy foot and vehicle traffic of Nob Hill and down the street from neighboring University trade area including University of New Mexico (UNM)

Along the Area Rapid Transit (ART) line right in front of the Nob Hill Station

Over $20M in trade area developments adding 200 luxury multi-family units, a boutique hotel and numerous retailers

Retail for Sale

Albuquerque, NM 87108

Fully fenced property with 5,000 sf building with MX-H zoning. Interior is cold shell with newer electric panels. Main electric feeds have been stolen and will need to be replaced. Newer lighting & storefront. Parking lot has been upgraded and re-striped. Floorplan is open so you can make it your own. Property is fully fenced with good parking and monument signage.

I believe this would be an excellent property for automotive uses by just adding roll up doors.

Retail for Sale

Albuquerque, NM 87108

8,000 Sf total at Central & Cardenas. Last used as an event center the 2 units are currently combined. Recently renovated with HVAC, ducts, electrical and freshened up exterior. Great Central visibility along ART.

5913 -Is 6,000 Sf has newer duct work with HVAC combo unit, The lighting has been upgraded, Sealed concrete floor throughout, 2 ADA restrooms.

5915 - Is 2,000 Sf, evaporative cooler, suspended heater, Security door for storefront. Lease one and be an owner user in the other.

MX-M Zoning

Retail for Sale

Albuquerque, NM 87102

Great investment located Downtown with PARKING! Property is currently being leased out at below market rents with plenty of room for increases. Building also has a restaurant space that has been recently vacated. Located on a Hard Lit Corner of 4th and Mountain, this property is ready for your new Tenants and/or redevelopment.

Call Broker for more details.

Please do not disturb the Tenants.

Retail for Sale

Albuquerque, NM 87114

Retail for Sale

Albuquerque, NM 87108

**Property is also available for lease**

ABQ Restaurant/Cafe Serving KAFB / Sandia Labs / VA Hospital

Fully equipped restaurant includes walk-in cooler, new and furnished patio

Seating capacity - inside: 65 and outdoor patio: 27

Excellent visibility of building and pylon signage on Gibson Blvd. to 19,800 VPD

Serves major employers in the city including Kirtland Air Force Base (KABF), Sandia National Labs, and Albuquerque International Sunport (ABQ Sunport)

Residential dense area with 800 multi-family units within walking distance; 1,000 homes on KAFB and 38,589 households in a 3 mile radius

Retail for Sale

Albuquerque, NM 87108

Just add tenants! This center has had some work done and it is in ok shape for the area. It has one tenant that is a body shop now and has had gyms located there too. (remember when we went go gyms?) The owners are creative and willing to look at owner financing, trades and of course cash to them. Bring us your ideas!

Retail for Sale

Albuquerque, NM 87108

Restaurant ready building.

Maintained grounds and amenities for outdoor venue.

1.31 Acres of MX-T land.

Nob Hill/Highland CPO- 8:4

One of largest tracts available in area.

Property can also be leased.

Retail for Sale

Albuquerque, NM 87107

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