6940 Montgomery NE Blvd Albuquerque, NM 87109-1421

Property Details for 6940 Montgomery NE Blvd

Year built

1996

Lot size

0.70 lot acres

Property size

2,520 SF

Property type

Grocery and convenience stores

APN

1-018-060-509-506-1-09-12

APU

101806050950610912

Description

This exceptional 2,520-square-foot retail property presents a unique redevelopment opportunity in Albuquerque, New Mexico. Situated on a 0.7-acre hard corner lot at the signalized intersection of Montgomery Boulevard (50,492 vehicles per day) and Louisiana Boulevard (19,173 vehicles per day), this single-tenant space offers unparalleled visibility and accessibility. The property is zoned MX-M and benefits from its adjacency to a high-performing Smith's grocery store, ensuring a strong anchor tenant and high foot traffic. The site's strategic location allows for the possibility of a drive-thru, further enhancing its appeal to potential tenants. This Albuquerque location is surrounded by a thriving retail environment, boasting numerous national and regional retailers. The surrounding area also features a dense residential population, with 137,683 households within a 5-mile radius and a population of 300,755, boasting an average household income of $95,548. This makes it an ideal location for a variety of retail businesses seeking high visibility and a strong customer base. The property is currently vacant, providing a blank canvas for a build-to-suit or ground lease opportunity. This is a rare chance to acquire a prime retail space in a high-growth area of Albuquerque. The property's address is 6940 Montgomery Blvd NE, Albuquerque, NM 87109, in Bernalillo County.

Location Insight

City

Albuquerque

County

Bernalillo

State

New Mexico

Longitude

-106.569

Latitude

35.1303

CBSA code

10740

CBSA name

ALBUQUERQUE, NM METROPOLITAN STATISTICAL AREA

Property Tax & Assessments