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4340 Cutler Ave NE Albuquerque, NM 87110

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For Sale
$3,632,000

NNN leased retail property with excellent visibility and traffic.

Property size:
20,685 SF
Lot size:
1.93 Acres

Property Features for 4340 Cutler Ave NE

General Information

Size
20,685 SF
Lot size
1.93 Acres

Source: Marcus & Millichap | Phoenix Agent Ryan Sarbinoff

Displayed information is deemed reliable but is not guaranteed and should be independently verified.


Overview

Albuquerque Retail NNN Investment Opportunity

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.
Property Profile Insight Report Location Intelligence

Current Use by Public Records

Calibers Shooters Sports ... Shooting Range Calibers Gun Shop

Suggested Use

Realty agency Law Firm Restaurant Dental Office Spa & Massage Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

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

Location Insight

  • Map
  • Local Demand
City
Albuquerque
County
Sandoval
State
New Mexico
Longitude
-106.5967618
Latitude
35.1052838

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
More about this property
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