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Shopping Center with Drive-Through Pad
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2451 San Mateo Boulevard, Albuquerque, NM 87110

Anchored shopping center with a freestanding pad building and an additional development site.

Property SizeContact for details
Days on Market145

Property Features for 2451 San Mateo Boulevard

General Information

Standard status Active
Property subtype Retail
Listing Agency: Newmark - San Diego
Listed By: Rob Ippolito · License #CA 01242854
Source: Crexi
Added: Apr 10 Changed: Aug 31 Last Checked: Aug 30 at 10:01AM

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.

Plaza San Mateo is a shopping center comprising approximately 63,000 square feet and built in 1995. The property is anchored by Bed, Bath, & Beyond and Buy Buy Baby, with a separate multi-tenant pad building occupied by a drive-thru Starbucks, Subway’s Sandwiches, and Keva Juice. A second pad site is included and can accommodate either a 6,000 square foot pad building or a 2,700 square foot drive-thru building.

The center is positioned along San Mateo Boulevard near Interstate 40 in Albuquerque. The surrounding trade area includes the neighboring Pavilions at San Mateo, where retailers include Walmart Neighborhood Market, Old Navy, Dollar Tree, and Bruegger’s Bagels. Within three miles, 198,000 employees work near the property, while average household incomes within one mile exceed $70,000.

Key Highlights

  • Approximately ±63,000 square feet of shopping center space
  • Anchored by Bed, Bath, & Beyond and Buy Buy Baby
  • Freestanding pad includes a drive‑thru Starbucks, Subway’s Sandwiches, and Keva Juice

Property Analytics

Current Use

Starbucks Cafe & Coffee Shop Keva Juice Specialty Food Shop Plaza San Mateo Shopping Center & Mall Subway Take-out & Catering

Suggested Use

Top Pick Garden Center HVAC Service Storage Facility Parking Lot & Garage Building Supply Food Market

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

1,664
Businesses Nearby
253k
Monthly Visits Nearby
Well-served
Demand for This Use

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

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
  • Uptown Centre 2325 San Pedro Dr NE, Albuquerque, NM 87110
  • Gel Nails 2325 San Pedro Dr NE, Albuquerque, NM 87110
  • Plaza San Mateo 2451 San Mateo Blvd NE, Albuquerque, NM 87110
  • Sunglass Hut at Macy's 6600 Menaul Blvd NE, Albuquerque, NM 87110

Frequently Asked Questions

What type of property is this?
Shopping center - Anchored shopping center with a freestanding pad building and an additional development site.
Where is this shopping center located?
The property is located at 2451 San Mateo Boulevard Albuquerque, NM.
What are key features of this property?
This property features: Approximately ±63,000 square feet of shopping center space; Anchored by Bed, Bath, & Beyond and Buy Buy Baby; Freestanding pad includes a drive‑thru Starbucks, Subway’s Sandwiches, and Keva Juice
(505) 807-0605 Call to check price and availability
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