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Pep Boys Automotive Retail Supercenter
For Sale
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5651 San Mateo Boulevard, Albuquerque, NM 87109

Highly visible Pep Boys supercenter on San Mateo Boulevard under a triple-net lease.

Property SizeContact for details
Days on Market122

Property Features for 5651 San Mateo Boulevard

General Information

Standard status Active
Property subtype Retail
Listing Agency: SAB Capital
Listed By: Preet Sabharwal · License #NY 10401215775
Source: Crexi
Added: Apr 10 Changed: Aug 8 Last Checked: Jul 21 at 12:16PM

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 SAB Capital

Investment Insights

Based on property information with market context.

The Pep Boys supercenter at 5651 San Mateo Boulevard is offered for sale on a triple-net (NNN) basis, with zero landlord responsibilities reported in the offering materials. The lease is guaranteed by The Pep Boys Manny, Moe & Jack of Pennsylvania, Corporation (Corp), a wholly owned subsidiary of Icahn Enterprises, Limited Partnership (LP). The lease includes annual rent increases of 1.5%.

Located along San Mateo Boulevard, a major Albuquerque corridor with daily traffic counts exceeding 40,000 vehicles per day, the property is also described as less than half a mile from Interstate-25. The site is characterized as the first auto parts and service center upon exit of the interstate, where more than 160,000 vehicles travel daily. The surrounding area includes used car dealers, and the immediate trade area is described as dense with more than 800,000 square feet of retail within one mile. National credit anchors named in the offering include Ross Dress for Less, Albertson’s Market, and Cinemark Movies.

Key Highlights

  • Pep Boys supercenter in Albuquerque, New Mexico on San Mateo Boulevard
  • Triple‑net (NNN) lease with zero landlord responsibilities and lease guaranteed by Pep Boys Manny, Moe & Jack of Pennsylvania, Corp
  • Annual rent increases of 1.5%

Property Analytics

Current Use

Pep Boys (Bike/Boat/Book/etc) Store

Suggested Use

Top Pick Dental Office Auto Parts Store Parking Lot & Garage (Bike/Boat/Book/etc) Store Electrical Service Veterinary Clinic

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

1,695
Businesses Nearby
404k
Monthly Visits Nearby
Well-served
Demand for This Use

Foot Traffic Nearby

Dining 63% Shops & Services 25% Groceries 4% Apparel 4%
Texas Roadhouse Dining
55,458 visits/mo 0.4 miles
Olive Garden Dining
41,568 visits/mo 0.4 miles
Cracker Barrel Old Country Store Dining
36,091 visits/mo 0.5 miles
Starbucks Dining
34,129 visits/mo 0.1 miles
Dollar Tree Shops & Services
26,989 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

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?
Auto shop - Highly visible Pep Boys supercenter on San Mateo Boulevard under a triple-net lease.
Where is this auto shop located?
The property is located at 5651 San Mateo Boulevard Albuquerque, NM.
What are key features of this property?
This property features: Pep Boys supercenter in Albuquerque, New Mexico on San Mateo Boulevard; Triple‑net (NNN) lease with zero landlord responsibilities and lease guaranteed by Pep Boys Manny, Moe & Jack of Pennsylvania, Corp; Annual rent increases of 1.5%
(646) 809-8856 Call to check price and availability
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