2529 San Mateo Blvd NE Albuquerque, NM 87110
For Lease
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This exceptional retail opportunity features two available spaces, totaling 9,120 square feet, within a modern shopping center in Albuquerque's bustling San Mateo & Menaul area. Each space offers generous square footage, ranging from 1,700 to 1,995 square feet, ideal for a variety of retail uses, including cannabis dispensaries, given the MX-M zoning. The property boasts unparalleled visibility thanks to high-visibility pylon signage and its prime corner location at the intersection of San Mateo and Menaul Boulevards. This high-traffic area sees an impressive 60,150 cars daily, ensuring maximum exposure for your business. Convenient access from San Mateo Boulevard and ample parking further enhance the property's appeal. The building is situated seconds from Interstate 40, providing easy access for customers and employees. This is a rare chance to secure a highly visible and strategically located retail space in a thriving commercial corridor. The multiple tenancy allows for flexibility and potential for synergistic businesses. The property is located in Bernalillo County.
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Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.