Listing Agency: Colliers | Albuquerque Show Phone

Listed By: Robert H Feinberg · License #37218 Show Phone

Source: Moodyscre

Added: Mar 25 Changed: Jul 28 Last Checked: Aug 3 at 1:27PM

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Investment Insights

Based on property information with market context.

This freestanding large-format retail pad offers drive-thru availability and strong exterior presence, supported by outstanding pylon signage. The property totals 14,357 square feet and is positioned for easy customer access from multiple points.

Located at a signalized hard corner on two major arterials, San Mateo Blvd NE and Montgomery Blvd, the site benefits from high-visibility frontage. The intersection is reported to exceed 79,600 vehicles per day, supporting consistent exposure for retail and restaurant concepts.

The surrounding area includes a robust mix of national retailers and restaurants, along with a dense and mature trade area. The combination of corner access, drive-thru functionality, and high traffic makes this property well-suited for brands seeking a visible standalone retail setting.

Key Highlights

• Large freestanding retail pad with drive‑thru availability along San Mateo Blvd and Montgomery Blvd
• Signalized hard corner at two major arterials with multiple access points
• Outstanding pylon signage

Property Analytics

Current Use

MinuteClinic at CVS Medical Clinic CVS Photo (Bike/Boat/Book/etc) Store Mark C. Shortencarier, ... Pharmacy Michael A. Kirolos, PharmD Pharmacy CVS Pharmacy Pharmacy

Suggested Use

Top Pick Real Estate Agency Big Box & Wholesale Store Building Supply Auto Parts Store Restaurant Hotel & Motel

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

79,600 VPD

Traffic count

NNN (Triple Net)

Lease Type

Location Intelligence

Trade Area within ½ mile

1,587

Businesses Nearby

473k

Monthly Visits Nearby

Explore this area Business Placement

Foot Traffic Nearby

Dining 55% Apparel 22% Shops & Services 12% Groceries 10%

Raising Cane's Chicken Fingers Dining

72,902 visits/mo 0.1 miles

Ross Dress for Less Apparel

55,862 visits/mo 0.1 miles

Chick-fil-A Dining

46,909 visits/mo 0.0 miles

Albertsons Groceries

46,084 visits/mo 0.1 miles

T.J. Maxx Apparel

28,747 visits/mo 0.2 miles

Demographics for 87109, NM

40,740

Population

20,826

Households

2

Avg Household Size

41

Median Age

42%

College-Educated

93%

High-School Grad

10.0 sq mi

ZIP Area

4,074

Density / Sq Mi

$56,295

Median Household Income

$41,798

Median Earnings

$1,112

Median Rent

$298,300

Median Home Value

Market

Lease Benchmarks for Albuquerque, NM

$17.4 /SF/Yr

Avg Asking Price

$8.85–$30 /SF/Yr

Price Range

16,948 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

Questions? Ask Rey

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Frequently Asked Questions

What type of property is this?

Retail space - Freestanding retail pad with drive-thru capability at a signalized corner with prominent pylon signage.

Where is this retail space located?

The property is located at 4340 San Mateo Blvd NE Albuquerque, NM.

What are key features of this property?

This property features: Large freestanding retail pad with drive‑thru availability along San Mateo Blvd and Montgomery Blvd; Signalized hard corner at two major arterials with multiple access points; Outstanding pylon signage