Listing Agency: Southeastern Development Brokerage Consulting

Listed By: Tyler Martin, CCIM · License #GA 373607

Source: Crexi

Added: Apr 11 Changed: Aug 30 Last Checked: Aug 30 at 11:40PM

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Investment Insights

Based on property information with market context.

This commercial land offering is a pad located within Kroger’s parking lot. The pad’s size can be adjusted based on tenant needs, supporting either a built-to-suit project or a ground lease arrangement.

The property is located at 1601 Arenal Rd SW in Albuquerque, New Mexico, and was developed jointly by Southeastern and Kroger.

Key Highlights

• Pad located within Kroger’s parking lot
• Size varies based on tenant need
• Built‑to‑suit opportunity

Property Analytics

Property Profile

Current Use

Cardtronics ATM Atm Paul T. Rowell, ... Pharmacy Richard P. Garcia, ... Pharmacy Primo Water Refill Big Box & Wholesale Store Smiths Money Services Bank

Suggested Use

Top Pick Real Estate Agency Law Firm Spa & Massage Center Hair Salon Dental Office Building Supply

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

309

Businesses Nearby

Explore this area Business Placement

Demographics for 87105, NM

54,151

Population

20,263

Households

2.7

Avg Household Size

39

Median Age

16%

College-Educated

80%

High-School Grad

40.2 sq mi

ZIP Area

1,347

Density / Sq Mi

$49,928

Median Household Income

$32,490

Median Earnings

$972

Median Rent

$200,300

Median Home Value

Questions? Ask Rey

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What type of property is this? Where is this commercial land located? What is the asking price? Find similar properties ... What are key features of this property?

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Frequently Asked Questions

What type of property is this?

Commercial land - Commercial pad site within a Kroger parking lot, with built-to-suit and ground lease options.

Where is this commercial land located?

The property is located at 1601 Arenal Rd SW Albuquerque, NM.

What are key features of this property?

This property features: Pad located within Kroger’s parking lot; Size varies based on tenant need; Built‑to‑suit opportunity