4600 4910 5010 Cutler Ave NE Albuquerque, NM 87110

Building Details

Year Built

1995

Listing agency Faris Lee Investments d***@farislee.com Show Phone

Listed by Don MacLellan · License #CalDRE #00897784 Show Phone

Source Farislee

Added: Apr 1 Updated: Jul 10 at 1:16PM Checked: Jul 21 at 6:22AM

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Investment Insights

Based on property information with market context.

The Pavilions at San Mateo is a Walmart Grocery-anchored community center located in the central core of Albuquerque. This offering presents the opportunity to acquire the fee simple interest in this property. The location benefits from Walmart's recent extension through 2036, providing long-term income stability. Grocery-anchored shopping centers are highly sought-after by retail investors due to necessity-based demand and consistent daily traffic. The property is a regional daily needs shopping center well below replacement costs. It serves the central Albuquerque trade area and has excellent I-40 Freeway accessibility to surrounding communities. The immediate trade area has strong demographics and is located in a highly desirable commercial corridor with excellent economic drivers. Recent new leasing activity and strong anchor renewals indicate increased tenant demand for the trade area.

Key Highlights

• Walmart Grocery‑anchored community center, providing stable, long‑term income.
• Walmart lease extended through 2036.
• Located in the central core of Albuquerque.

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Similar Off Market Nearby

• Pavilions at San Mateo — 4500 Cutler Ave NE, Albuquerque, NM 87110
• Altura Shopping Center — Albuquerque, NM 87110
• Plaza San Mateo — 2451 San Mateo Blvd NE, Albuquerque, NM 87110
• The Hill Center — 4408 Menaul Blvd NE, Albuquerque, NM 87110
• Coinstar Kiosk | Bitcoin ATM — Kroger - Smith's Food & Drug C, 3701 Constitution Ave NE, Albuquerque, NM 87110

FAQs

What type of property is this?

Shopping center - Walmart Grocery-anchored community center in central Albuquerque.

Where is this shopping center located?

The property is located at 4600 4910 5010 Cutler Ave NE Albuquerque, NM.

What is the asking price?

The asking price for this property is $30,719,000.

What are key features of this property?

This property features: Walmart Grocery‑anchored community center, providing stable, long‑term income.; Walmart lease extended through 2036.; Located in the central core of Albuquerque.