Walgreens Drug
For Sale
Contact for pricing
1201 Unser Boulevard SW, Albuquerque, NM 87121
Absolute-net lease structure with zero landlord responsibilities at a signalized intersection serving a dense residential area.
Property Size14,560 SF
Days on Market145
Property Features for 1201 Unser Boulevard SW
General Information
Standard status
Active
Size
14,560 SF
Property subtype
Retail
Additional Details
Corner Location
Yes
Building Details
Buildings
1
Tenancy
Single
Listing Agency:
SAB Capital
Listed By:
Preet Sabharwal · License #NY 10401215775
Source:
Crexi
Added: Apr 10
Changed: Aug 31
Last Checked: Aug 29 at 10:08PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of SAB Capital
Investment Insights
Based on property information with market context.
This 14,560-square-foot Walgreens drug store is occupied under an absolute-net lease that assigns zero landlord responsibilities. The lease has 11 years remaining on its original 25-year term and includes 10 additional five-year renewal options. Walgreen Co. provides a corporate guaranty.
The property is positioned at the signalized intersection of Unser Boulevard and Arenal Road/Sapphire Street in Albuquerque, New Mexico. The intersection records more than 17,500 vehicles daily, while the surrounding residential infill area includes more than 174,000 people within five miles. The location and lease structure provide clear operating context for the asset.
The property is positioned at the signalized intersection of Unser Boulevard and Arenal Road/Sapphire Street in Albuquerque, New Mexico. The intersection records more than 17,500 vehicles daily, while the surrounding residential infill area includes more than 174,000 people within five miles. The location and lease structure provide clear operating context for the asset.
Key Highlights
- 14,560‑square‑foot Walgreens drug store in Albuquerque, New Mexico
- Absolute‑net lease with zero landlord responsibilities
- 11 years remain on the original 25‑year lease
Property Analytics
Property Profile
Current Use
Lease Details
Single-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
139
Businesses Nearby
14k
Monthly Visits Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 70%
Dining 30%
Family Dollar
Shops & Services
9,668 visits/mo
0.3 miles
The Human Bean
Dining
4,185 visits/mo
0.3 miles
Demographics for 87121, NM
77,802
Population
26,118
Households
3
Avg Household Size
31
Median Age
13%
College-Educated
80%
High-School Grad
336.9 sq mi
ZIP Area
231
Density / Sq Mi
$59,184
Median Household Income
$34,738
Median Earnings
$1,277
Median Rent
$192,500
Median Home Value
Market
Vacancy Rate% for Retail in Albuquerque, NM
Questions? Ask Rey
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Similar Off Market Nearby
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- Walgreens Pharmacy — 1201 Unser Blvd SW, Albuquerque, NM 87121
- COVID-19 Drive-Thru Testing at Walgreens — 1201 Unser Blvd SW, Albuquerque, NM 87121
Frequently Asked Questions
What type of property is this?
Drug store - Absolute-net lease structure with zero landlord responsibilities at a signalized intersection serving a dense residential area.
Where is this drug store located?
The property is located at 1201 Unser Boulevard SW Albuquerque, NM.
What are key features of this property?
This property features: 14,560‑square‑foot Walgreens drug store in Albuquerque, New Mexico; Absolute‑net lease with zero landlord responsibilities; 11 years remain on the original 25‑year lease
