Fully Occupied 9-Unit Strip
For Sale
Contact for pricing
Pending
2440 San Mateo Pl NE, Albuquerque, NM 87110
Established retail center with full occupancy, substantial on-site parking, and access at San Mateo and I-40.
Property SizeContact for details
Lot Size1.45 Acres
Days on Market142
Property Features for 2440 San Mateo Pl NE
General Information
Standard status
Pending
Lot size
1.45 Acres
Property subtype
Retail
Occupancy
100%
Net Operating Income
$193,185
Building Details
Tenancy
Multi
Parking Ratio
3.6 per 1,000 SF
Listing Agency:
Goff Real Estate Inc
(505) 944-5131
Listed By:
Scott Goff · License #NM 18343
Source:
Crexi
Added: Apr 12
Changed: Aug 30
Last Checked: Aug 30 at 7:29PM
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 Goff Real Estate Inc
Investment Insights
Based on property information with market context.
This 9-unit strip mall is fully occupied and positioned on 1.45 acres. The property includes 3.6 parking spaces per 1,000 square feet, providing a defined parking ratio for the center’s retail configuration. Its 9+ cap rate adds a measurable investment metric for review.
Located at 2440 San Mateo Pl NE in Albuquerque, the center sits at San Mateo and I-40, offering a recognizable location along a major interstate corridor. The combination of a multi-unit retail layout, full occupancy, and established access supports continued use as a neighborhood-oriented commercial center.
Located at 2440 San Mateo Pl NE in Albuquerque, the center sits at San Mateo and I-40, offering a recognizable location along a major interstate corridor. The combination of a multi-unit retail layout, full occupancy, and established access supports continued use as a neighborhood-oriented commercial center.
Key Highlights
- Fully occupied 9‑unit strip center
- 9+ cap rate
- 1.45‑acre property
Property Analytics
Current Use
Lease Details
100%
Occupancy
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
1,664
Businesses Nearby
253k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 33%
Dining 27%
Apparel 18%
Groceries 17%
Walmart Neighborhood Market
Groceries
42,168 visits/mo
0.3 miles
Speedway
Shops & Services
29,681 visits/mo
0.1 miles
Dollar Tree
Shops & Services
28,785 visits/mo
0.4 miles
Old Navy
Apparel
16,064 visits/mo
0.2 miles
Starbucks
Dining
12,985 visits/mo
0.4 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
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Strip mall - Established retail center with full occupancy, substantial on-site parking, and access at San Mateo and I-40.
Where is this strip mall located?
The property is located at 2440 San Mateo Pl NE Albuquerque, NM.
What are key features of this property?
This property features: Fully occupied 9‑unit strip center; 9+ cap rate; 1.45‑acre property
