4340 Cutler Ave NE, Albuquerque, NM

Listing agent Ryan Sarbinoff License #(S):AZ:BR675146000

Listing office Marcus & Millichap | Phoenix Show Phone

Listing date Mar 5, 2025

Source Moodyscre

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Overview

This retail property features an absolute triple-net (NNN) lease with over 3 years remaining, supported by a corporate and personal guaranty. The lease includes annual rental increases of two and a half percent. Situated on a hard-corner location at the signalized intersection of Cutler Avenue NE and Washington Street, the property benefits from high traffic volume, with over 23,700 cars per day. It offers excellent visibility along Interstate-40 Coronado Freeway, which sees over 191,100 cars per day. The property is surrounded by national retail tenants, including Walmart Neighborhood Market, Bed Bath & Beyond, Old Navy, and Office Depot. It is located in immediate proximity to a dense major retail corridor along the I-40 Freeway, featuring Coronado Center, AQB Uptown, and Winrock Town Center shopping malls. The location provides a direct connection to Downtown Albuquerque, less than a 12-minute commute away. The average annual household income exceeds $85,000 in the immediate area within one mile of the property. It is also located less than 3 miles from both The University of New Mexico (with over 23,000 students) and Central New Mexico Community College (with over 28,900 students). The property has a size of 20685 square feet.

Suggested Use

Real Estate Agency Law Firm Restaurant Dental Office Spa & Massage Center Hair Salon Nail Salon Building Supply Gym & Fitness Center Pharmacy

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

• Map
• Local Demand

City

Albuquerque

County

Sandoval

State

New Mexico

Longitude

-106.597

Latitude

35.1053

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FAQs

What type of property is this?

NNN property - NNN leased retail property with excellent visibility and traffic.

Where is this nnn property located?

The property is located at 4340 Cutler Ave NE Albuquerque, NM.

What is the asking price?

The asking price for this property is $3,632,000.

What are key features of this property?

This property features: Absolute Triple‑Net (NNN) Lease with Corporate and Personal Guaranty (3+ Years Remaining); Excellent Visibility Along Interstate‑40 Coronado Freeway (Over 191,100 Cars/Day); Two and a Half Percent Rental Increases Annually