4340 Cutler Ave NE Albuquerque, NM

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.