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Albuquerque Retail Center For Sale

4600 4910 5010 Cutler Ave NE, Albuquerque, NM 87110

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For Sale

$30,586,000

Walmart Grocery-anchored community center in central Albuquerque.

Type:Retail

HighLights

Walmart Grocery‑anchored community center, providing stable, long‑term income.
Walmart lease extended through 2036.
Located in the central core of Albuquerque.
Well below replacement costs (under $225/SF).
Excellent I‑40 freeway accessibility.
Strong demographics in the immediate trade area.

We can help!

Listing Contact

Don MacLellan

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For Sale

$30,586,000

Walmart Grocery-anchored community center in central Albuquerque.

Type:Retail

Added:: Apr 1, 2026
Days on Market:: 76
Last Refresh:: Apr 1 at 11:32 am

Property Features for 4600 4910 5010 Cutler Ave NE

General Information

Standard status: Active
Property subtype: Retail

Building Details

Year Built: 1995

We can help!

Listing Contact

Don MacLellan

Listing agent Don MacLellan License #CalDRE #00897784

Listing office Faris Lee Investments

Listing date Apr 1, 2026

Source Farislee

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 Faris Lee Investments

HighLights

Walmart Grocery‑anchored community center, providing stable, long‑term income.
Walmart lease extended through 2036.
Located in the central core of Albuquerque.
Well below replacement costs (under $225/SF).
Excellent I‑40 freeway accessibility.
Strong demographics in the immediate trade area.

Overview

The Pavilions at San Mateo is a Walmart Grocery-anchored community center located in the central core of Albuquerque. This offering presents the opportunity to acquire the fee simple interest in this property. The location benefits from Walmart's recent extension through 2036, providing long-term income stability. Grocery-anchored shopping centers are highly sought-after by retail investors due to necessity-based demand and consistent daily traffic. The property is a regional daily needs shopping center well below replacement costs. It serves the central Albuquerque trade area and has excellent I-40 Freeway accessibility to surrounding communities. The immediate trade area has strong demographics and is located in a highly desirable commercial corridor with excellent economic drivers. Recent new leasing activity and strong anchor renewals indicate increased tenant demand for the trade area.

Location Intelligence

Current Use by Public Records

Shoe Dept. Clothing & Fashion Store

Suggested Use

Similar Places Nearby

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Location Insight

Map
Local Demand

City: Albuquerque
County: Sandoval
State: New Mexico
Longitude: -106.5932713
Latitude: 35.1048577

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For sale
Shopping centers
NM
Albuquerque
87110
4600 4910 5010 Cutler Ave NE

What type of property is this?

Shopping center - Walmart Grocery-anchored community center in central Albuquerque.

Where is this shopping center located?

The property is located at 4600 4910 5010 Cutler Ave NE Albuquerque, NM.

What is the asking price?

The asking price for this property is $30,586,000.

What are key features of this property?

This property features: Walmart Grocery‑anchored community center, providing stable, long‑term income.; Walmart lease extended through 2036.; Located in the central core of Albuquerque.

4600 4910 5010 Cutler Ave NE, Albuquerque, NM 87110

Walmart Grocery-anchored community center in central Albuquerque.

Property Features for 4600 4910 5010 Cutler Ave NE

General Information

Building Details

We can help!

HighLights

Overview

Current Use by Public Records

Suggested Use

Similar Places Nearby

Location Insight

Nearby Similar for Sale

Prime Albuquerque Retail Portfolio

Assisted Living Residential Facility

Albuquerque Multifamily Investment Opportunity

Soft-Gated Multifamily Community

Climate-Controlled Flex Warehouse with Bay Door

Industrial Property with Inspection Pit

South Valley Investment Opportunity

Restored Adobe Duplex Property

Albuquerque Fourplex with Laundry

UNM Area Apartment Complex

Turnkey Assisted Living Facility

Albuquerque Freestanding Commercial Property

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