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Walmart-Anchored Neighborhood Shopping Center
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Pending

4500 Cutler Ave NE, Albuquerque, NM 87110

Shopping center anchored by Walmart Neighborhood Market with multiple national tenants and 95% occupancy.

Property SizeContact for details
Days on Market124

Property Features for 4500 Cutler Ave NE

General Information

Standard status Pending
Property subtype Retail
Listing Agency: Newmark - San Diego
Listed By: Rob Ippolito · License #CA 01242854
Source: Crexi
Added: Apr 11 Changed: Aug 12 Last Checked: Aug 11 at 11:36AM

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 Newmark - San Diego

Investment Insights

Based on property information with market context.

The Pavilions at San Mateo is a 148,749 SF shopping center built in 1997 and anchored by a Walmart Neighborhood Market. The tenant roster includes Old Navy, Shoe Dept., Rack Room Shoes, and Dollar Tree, along with Orange Theory Fitness, Supercuts, and Einstein Bagels. Recent additions include 5-11 Tactical and Sherwin-Williams. The center is currently reported as 95% leased.

Located at 4500 Cutler Ave NE in Albuquerque, New Mexico, The Pavilions at San Mateo benefits from high visibility with an unobstructed view to a majority of the tenants from Interstate 40. The remarks further cite more than 150,000 cars traveling by the center daily via I-40, along with a reported daytime population of more than 198,000 people within 3 miles.

Key Highlights

  • 148,749 SF shopping center in Albuquerque, NM, anchored by a Walmart Neighborhood Market.
  • Anchors include Walmart, Old Navy, Shoe Dept., Rack Room Shoes, and Dollar Tree.
  • Tenant roster includes Orange Theory Fitness, Supercuts, and Einstein Bagels.

Property Analytics

Current Use

Pavilions at San Mateo Shopping Center & Mall Sherwin-Williams Paint Store Hardware & Home Improvement StaffingNow New Mexico Employment Agency King tobacco shop ... (Bike/Boat/Book/etc) Store Marz Barbershop Abq ... Barber Shop

Suggested Use

Top Pick Building Supply Real Estate Agency Garden Center Big Box & Wholesale Store Storage Facility HVAC Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

1,469
Businesses Nearby
211k
Monthly Visits Nearby
Balanced
Demand for This Use

Foot Traffic Nearby

Shops & Services 31% Apparel 21% Groceries 20% Dining 19%
Walmart Neighborhood Market Groceries
42,168 visits/mo 0.2 miles
Speedway Shops & Services
29,681 visits/mo 0.3 miles
Dollar Tree Shops & Services
28,785 visits/mo 0.1 miles
Old Navy Apparel
16,064 visits/mo 0.2 miles
Starbucks Dining
12,427 visits/mo 0.3 miles

Demographics for 87110, NM

38,441
Population
19,591
Households
2
Avg Household Size
42
Median Age
38%
College-Educated
93%
High-School Grad
8.8 sq mi
ZIP Area
4,368
Density / Sq Mi
$63,593
Median Household Income
$40,244
Median Earnings
$1,096
Median Rent
$251,400
Median Home Value

Market

Vacancy Rate% for Retail in Albuquerque, NM

7.8% 2019
8.4% 2020
7.9% 2021
4.8% 2022
4.2% 2023
5.7% 2024
5.5% 2025
Rey
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Similar Off Market Nearby

  • Pavilions at San Mateo 4500 Cutler Ave NE, Albuquerque, NM 87110
  • Daskalos Center Daskalos Shopping Center, 5339 Menaul Blvd NE, Albuquerque, NM 87110
  • Shops on Menaul 5011 Menaul Blvd NE, Albuquerque, NM 87110
  • Plaza San Mateo 2451 San Mateo Blvd NE, Albuquerque, NM 87110
  • The Hill Center 4408 Menaul Blvd NE, Albuquerque, NM 87110

Frequently Asked Questions

What type of property is this?
Shopping center - Shopping center anchored by Walmart Neighborhood Market with multiple national tenants and 95% occupancy.
Where is this shopping center located?
The property is located at 4500 Cutler Ave NE Albuquerque, NM.
What are key features of this property?
This property features: 148,749 SF shopping center in Albuquerque, NM, anchored by a Walmart Neighborhood Market.; Anchors include Walmart, Old Navy, Shoe Dept., Rack Room Shoes, and Dollar Tree.; Tenant roster includes Orange Theory Fitness, Supercuts, and Einstein Bagels.
More about this property
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