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Walgreens-Anchored Shopping Center
For Lease
$24.61 SF/Yr

2220 Unser Blvd NW, Albuquerque, NM 87120

New divisible shop space and a drive-thru pad support multiple retail configurations within a planned commercial development.

Space SizeContact for details
Days on Market180

Property Features for 2220 Unser Blvd NW

General Information

Standard status Active
Property subtype Retail
Zoning SU-1

Amenities

Water
Sewer

Spaces For Lease

at 2220 Unser Blvd NW Contact us

Available Space $24.61/Mo

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Listing Agency: Peterson Properties, LLC
Listed By: Vanessa Smokov
Source: Carnm.resimplifi
Added: Mar 2 Changed: Aug 29 Last Checked: Aug 29 at 4:02PM

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 Peterson Properties, LLC

Investment Insights

Based on property information with market context.

This new shopping center includes 5,841 divisible square feet of completed shop space, along with a separate 29,300-square-foot pad site entitled for a drive-thru building of 2,400 square feet or more. The pad is offered for ground lease or build-to-suit development. Off-site improvements are complete, and the site plan has received City approval.

The property is adjacent to Walgreens and provides cross access. Unser Boulevard carries 19,200 cars per day, with traffic identified as being on the going-home side. Surrounding development includes a 550-plus-home Pulte Homes subdivision under construction south of Petroglyph National Monument, a Walmart Neighborhood Market south of the site, and a planned apartment complex of more than 230 units within less than three-fourths of a mile.

Key Highlights

  • 5,841 divisible SF of completed shop space
  • 29,300 SF pad entitled for a 2,400+ SF drive‑thru building
  • Adjacent to Walgreens with cross access

Property Analytics

Current Use

Bosque Brewing Co. ... Restaurant Lava Rock Brewing ... Bar & Pub

Suggested Use

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

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

Lease Details

NNN (Triple Net)
Lease Type
$3.69 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

260
Businesses Nearby
55k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Dining 94% Shops & Services 6%
McDonald's Dining
24,462 visits/mo 0.5 miles
Burger King Dining
14,845 visits/mo 0.5 miles
SONIC Drive In Dining
10,541 visits/mo 0.1 miles
Extra Space Storage Shops & Services
1,817 visits/mo 0.4 miles
SUBWAY Dining
1,227 visits/mo 0.1 miles

Demographics for 87120, NM

64,643
Population
27,432
Households
2.4
Avg Household Size
39
Median Age
39%
College-Educated
93%
High-School Grad
57.6 sq mi
ZIP Area
1,122
Density / Sq Mi
$84,887
Median Household Income
$49,726
Median Earnings
$1,404
Median Rent
$276,900
Median Home Value

Market

Lease Benchmarks for Albuquerque, NM

$12.5 /SF/Yr
Avg Asking Price
$9–$16 /SF/Yr
Price Range
19,204 SF
Avg Space Size

This space is priced 97% above the average of $12.5 /SF/Yr.

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
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Frequently Asked Questions

What type of property is this?
Shopping center - New divisible shop space and a drive-thru pad support multiple retail configurations within a planned commercial development.
Where is this shopping center located?
The property is located at 2220 Unser Blvd NW Albuquerque, NM.
What is the lease rate?
The lease rate is $24.61 SF/Yr.
What are key features of this property?
This property features: 5,841 divisible SF of completed shop space; 29,300 SF pad entitled for a 2,400+ SF drive‑thru building; Adjacent to Walgreens with cross access
More about this property
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