Walmart-anchored Community Shopping
For Sale
$11,395,000
4600-4700 Cutler Ave NE, Albuquerque, NM 87110
Fee-simple sale of a Walmart grocery-anchored community center with Five Below and Dollar Tree in-place.
Property Size75,907 SF
Days on Market78
Property Features for 4600-4700 Cutler Ave NE
General Information
Standard status
Active
Size
75,907 SF
Property subtype
Retail
Net Operating Income
$740,674
Building Details
Building Size
75,907 SF
Year Built
1996
Listed By:
Don MacLellan · License #CalDRE #00897784
(949) 584-8471
Source:
Farislee
Added: Jun 23
Changed: Sep 5
Last Checked: Sep 7 at 4:53AM
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 Don MacLellan
Investment Insights
Based on property information with market context.
Faris Lee Investments is pleased to offer the fee-simple interest in The Pavilions at San Mateo, a Walmart grocery-anchored community center. The asset features a major lease extension executed by Walmart through 2036.
The center is positioned in the central core of Albuquerque, New Mexico, and is located within 4 miles of Downtown Albuquerque. The tenant mix includes Five Below and Dollar Tree, with leasing activity and strong tenant renewals indicating continued demand for the surrounding trade area.
The offering also highlights population support in the immediate area, with over 116,000 people within 3 miles.
The center is positioned in the central core of Albuquerque, New Mexico, and is located within 4 miles of Downtown Albuquerque. The tenant mix includes Five Below and Dollar Tree, with leasing activity and strong tenant renewals indicating continued demand for the surrounding trade area.
The offering also highlights population support in the immediate area, with over 116,000 people within 3 miles.
Key Highlights
- 1996‑built, fee‑simple Walmart grocery‑anchored community center in central Albuquerque, New Mexico
- Walmart executed a major lease extension through 2036
- In‑place tenants include Five Below and Dollar Tree
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
1,486
Businesses Nearby
213k
Monthly Visits Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 36%
Dining 23%
Groceries 20%
Apparel 15%
Walmart Neighborhood Market
Groceries
42,168 visits/mo
0.1 miles
Speedway
Shops & Services
29,681 visits/mo
0.3 miles
Dollar Tree
Shops & Services
28,785 visits/mo
0.1 miles
Old Navy
Apparel
16,064 visits/mo
0.2 miles
Starbucks
Dining
12,985 visits/mo
0.5 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
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Similar Off Market Nearby
- Altura Shopping Center — Albuquerque, NM 87110
- Coinstar Kiosk | Bitcoin ATM — Kroger - Smith's Food & Drug C, 3701 Constitution Ave NE, Albuquerque, NM 87110
- Pavilions at San Mateo — 4500 Cutler Ave NE, Albuquerque, NM 87110
- Plaza San Mateo — 2451 San Mateo Blvd NE, Albuquerque, NM 87110
- The Hill Center — 4408 Menaul Blvd NE, Albuquerque, NM 87110
Frequently Asked Questions
What type of property is this?
Shopping center - Fee-simple sale of a Walmart grocery-anchored community center with Five Below and Dollar Tree in-place.
Where is this shopping center located?
The property is located at 4600-4700 Cutler Ave NE Albuquerque, NM.
What is the asking price?
The asking price for this property is $11,395,000.
What are key features of this property?
This property features: 1996‑built, fee‑simple Walmart grocery‑anchored community center in central Albuquerque, New Mexico; Walmart executed a major lease extension through 2036; In‑place tenants include Five Below and Dollar Tree
