MLS#1103197
STATUSActive
PROPERTY TYPECommercial - Retail
Property Description
Rarely does a commercial real estate opportunity of this caliber come to market in New Mexico. This exclusive two-parcel portfolio controls the entirety of the #2 busiest hard corner intersection in the State of New Mexico -- Montgomery Boulevard and San Mateo Boulevard NE -- commanding 75,000 to 80,000 vehicles per day. Situated against the iconic backdrop of the Sandia Mountains, the portfolio totals approximately 16,104 SF of retail building area across 1.49 acres of irreplaceable urban land, both parcels fully leased under net lease structures delivering immediate, dependable cash flow from day one. The anchor asset at 4340 San Mateo Blvd NE is a 14,454 SF big-box retail building on 1.24 acres, corporate-guaranteed by CVS Pharmacy under an Absolute NNN lease running through August 203
Property Features
Property Type: Commercial - Retail
Cooling: Refrigerated
Heating: Natural Gas
Lot Size: 1.24 Acres
Stories: 1.0
Feature Descriptions
Parcel#: 101806002051221025
Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
Listed By / Shown By
Listed By
Agency Name: Berkshire Hathaway NM Prop
Agency Phone: (505) 798-6300
Shown By
Agency Title: Coldwell Banker Legacy
Agency Phone: (505) 892-1000
Top REALTORS® in this Area
Casey Landis
From our very first call, Casey Landis impressed us with his in- depth market knowledge and sincere interest in our family's unique needs and timeline. At our first meeting, he presented a thorough market analysis and a well-crafted strategy that clearly stood out from other agents. Relocating across the country complicated our situation, but Casey went above and beyond by managing details, connecting us with trusted resources, and ensuring our home stayed show-ready and secure. His steady communication, expert guidance, and dedication helped ease our stress and resulted in a successful sale that met all our goals. We wholeheartedly recommend Casey to anyone seeking a knowledgeable,
trustworthy, and committed realtor.
— Gregory Howell
— Gregory Howell
Ashly Jaramillo
I had an excellent experience working with Ashly. I would recommend her to anyone that is in the process of buying a home.— Martha Edwards
— Martha Edwards
4340 San Mateo Boulevard Ne | MLS# 1103197
This commercial property located at 4340 San Mateo Boulevard Ne, Albuquerque, NM 87110 is currently listed for sale with an asking price of $7,250,000. Search Albuquerque real estate on www.cblegacy.com today.