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Large Retail Box in Albuquerque
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301 San Mateo Boulevard Southeast, Albuquerque, NM 87108

Rare large-format retail space in a densely populated area.

Property Size206,278 SF
Days on Market128

Property Features for 301 San Mateo Boulevard Southeast

General Information

Standard status Active
Size 206,278 SF
Property subtype Retail
Listing Agency: CBRE | Albuquerque
Listed By: Jim Dountas · License #45995
Source: Cbre
Added: Mar 25 Changed: Jul 6 Last Checked: Jul 30 at 3:15AM

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 CBRE | Albuquerque

Investment Insights

Based on property information with market context.

This large-format retail space is located in a well-established, densely populated area of Albuquerque. The property is situated in an area with high traffic counts and benefits from its proximity to the University of New Mexico campus, Albuquerque International Airport, and two major medical facilities. Numerous local retail establishments and restaurants are in the immediate vicinity. The existing building, constructed in 1994, offers a discount compared to new construction, especially considering the scarcity of large land parcels in this area. The site is visible and accessible from a major arterial and has 360-degree population density. The property is zoned Mixed-Use - Moderate Intensity Zone District (MX-M). The University, Air Force Base, and Airport are within 10 minutes of the site. The property size is 206278 square feet.

Key Highlights

  • Rare large‑format retail box in a densely populated in‑fill location.
  • Strong traffic counts and high visibility from a major arterial.
  • Proximity to University of New Mexico, Air Force Base, and Albuquerque International Airport (within 10 minutes).

Property Analytics

Current Use

Walmart Business Center Tech Support Center Walmart House Cleaning ... Hardware & Home Improvement Walmart Connection Center Mobile Phone Store Brenda Barnett Physician Walmart Pet Services Kennel & Boarding Facility

Suggested Use

Top Pick Real Estate Agency Building Supply Big Box & Wholesale Store Law Firm HVAC Service Storage Facility

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

Location Intelligence

Trade Area within ½ mile

1,706
Businesses Nearby
140k
Monthly Visits Nearby

Foot Traffic Nearby

Shops & Services 64% Dining 30% Electronics 6%
Dion's Pizza Dining
15,979 visits/mo 0.3 miles
Murphy USA Shops & Services
15,490 visits/mo 0.4 miles
Circle K Shops & Services
11,307 visits/mo 0.5 miles
Wells Fargo Shops & Services
10,649 visits/mo 0.3 miles
AutoZone Shops & Services
10,471 visits/mo 0.2 miles

Demographics for 87108, NM

36,773
Population
19,153
Households
1.9
Avg Household Size
39
Median Age
33%
College-Educated
85%
High-School Grad
5.9 sq mi
ZIP Area
6,233
Density / Sq Mi
$39,578
Median Household Income
$31,478
Median Earnings
$828
Median Rent
$227,600
Median Home Value

Market

Lease Benchmarks for Albuquerque, NM

$28.12 /SF/Yr
Avg Asking Price
$8.85–$216 /SF/Yr
Price Range
12,809 SF
Avg Space Size

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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Frequently Asked Questions

What type of property is this?
Retail space - Rare large-format retail space in a densely populated area.
Where is this retail space located?
The property is located at 301 San Mateo Boulevard Southeast Albuquerque, NM.
What are key features of this property?
This property features: Rare large‑format retail box in a densely populated in‑fill location.; Strong traffic counts and high visibility from a major arterial.; Proximity to University of New Mexico, Air Force Base, and Albuquerque International Airport (within 10 minutes).
More about this property
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