Listing Agency: Resolut RE Albuquerque d***@resolutre.com Show Phone

Listed By: Daniel Kearney · License #NM 48712AB

Source: Crexi

Added: Apr 11 Changed: Aug 8 Last Checked: Jul 23 at 4:22AM

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Investment Insights

Based on property information with market context.

San Mateo Square is a 48,684 SF shopping center located in the NE Heights of Albuquerque, New Mexico. The property is 100% occupied by a mix of national and local tenants and is anchored by DD’s Discounts. Tenants include Melrose, Allstate Insurance, The Grill Restaurant, World Finance, Hunter Douglas, Nutrition Del Norte, NM Brief Relief & San Francisco Nail, among others. The center also generates revenue from two outparcel users, including an emissions station and a CU Anytime ATM.

The shopping center sits on MX-M zoned land totaling 3.41 acres and offers more than 460 feet of frontage to San Mateo Blvd. Access includes four points of ingress/egress, with left-in/left-out routing from San Mateo.

As a fully occupied retail center with an established tenant lineup and multiple access points along a major frontage corridor, San Mateo Square offers a tenant-occupied configuration suited to buyers seeking an operating shopping center asset with additional outparcel income.

Key Highlights

• 48,684 SF shopping center in Albuquerque’s NE Heights on 3.41 acres
• 100% occupied with a mix of national and local tenants, anchored by DD’s Discounts
• Over 460 ft of frontage on San Mateo Blvd

Property Analytics

Property Profile

Current Use

dd's DISCOUNTS Clothing Store Krista L. Sanchez: ... Insurance Agency All About Blinds ... (Bike/Boat/Book/etc) Store 505 INTERIORS (Bike/Boat/Book/etc) Store New Mexico for Johnson/Weld ... Advocacy Group

Suggested Use

Top Pick Real Estate Agency Parking Lot & Garage Building Supply Hotel & Motel Storage Facility Bar & Pub

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

635

Businesses Nearby

89k

Monthly Visits Nearby

Balanced

Demand for This Use

Explore this area Business Placement

Foot Traffic Nearby

Shops & Services 77% Dining 15% Apparel 7% Electronics 1%

dd's DISCOUNTS Shops & Services

30,851 visits/mo 0.1 miles

Mister Car Wash Shops & Services

10,359 visits/mo 0.5 miles

Shell Shops & Services

10,226 visits/mo 0.3 miles

Melrose Apparel

5,991 visits/mo 0.1 miles

Church's Chicken Dining

5,926 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

Questions? Ask Rey

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Similar Off Market Nearby

• Fiesta Plaza — 2626 San Pedro Dr NE, Albuquerque, NM 87110
• Laramie Square — 3248-3100 San Mateo Blvd NE, Albuquerque, NM 87110
• La Mesa Shopping Center — 3115-3167 San Mateo Blvd NE, Albuquerque, NM 87110
• Coin Cloud Bitcoin ATM — 3248 San Mateo Blvd NE, Albuquerque, NM 87110
• San Mateo Square — 3300 San Mateo Blvd NE, Albuquerque, NM 87110

Frequently Asked Questions

What type of property is this?

Shopping center - Shopping center on 3.41 acres with DD’s Discounts anchor, 460+ feet of frontage, and left-in/left-out access to San Mateo.

Where is this shopping center located?

The property is located at 3300 San Mateo Blvd NE Albuquerque, NM.

What are key features of this property?

This property features: 48,684 SF shopping center in Albuquerque’s NE Heights on 3.41 acres; 100% occupied with a mix of national and local tenants, anchored by DD’s Discounts; Over 460 ft of frontage on San Mateo Blvd