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    4770 Montgomery Blvd Albuquerque, NM 87109

    Sponsored
    For Lease
    $14 SF/Yr

    Albuquerque Retail Center - Prime Location

    Lot size:
    65,574 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    Fiesta Crossings Retail Center, located at 4770 Montgomery Blvd NE in Albuquerque, New Mexico, presents a compelling investment opportunity. This multi-tenant retail center boasts a total building area of 65,574 square feet, currently featuring a small vacancy of 2,240 square feet, offering potential for immediate income generation or expansion. The property is zoned MX-M, providing flexibility for a variety of commercial uses. Its prime location in Bernalillo County, with a zip code of 87109, ensures high visibility and accessibility for businesses and customers alike. The center's address is easily identifiable and situated within a well-established commercial area of Albuquerque. The property's Asset Property Number (APN) is 101706045048611601. This retail center is ideal for investors seeking a stable, income-producing asset in a thriving New Mexico market. The existing tenant mix offers a diverse range of businesses, creating a vibrant and attractive shopping destination. The relatively small vacant space presents a unique opportunity for expansion or lease to a new tenant, further increasing the property's value and rental income. The MX-M zoning allows for a wide array of potential uses, making this property a versatile and attractive investment. The property's location in Albuquerque, New Mexico, offers a strong potential for growth and return on investment. This is a rare opportunity to acquire a well-established retail center in a desirable location.

    Property Features for 4770 Montgomery Blvd

    General Information

    Property type
    Individual retail properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    65,574 SF
    Total Rate
    76503

    Unit(s) available at that property

    Space
    Suite C112
    Size
    1,625 SF
    Rate per SF
    $14
    Space
    C115-116
    Size
    2,240 SF
    Rate per SF
    $14

    HighLights

    • Fiesta Crossings Retail Center, a 65,574 SF multi‑tenant retail center in Albuquerque, NM, offers a compelling investment opportunity with only 2,240 SF currently vacant.
    • Excellent access from Montgomery & San Mateo Blvds, situated at a high‑traffic intersection in Bernalillo County (87109).
    • Features a mix of national and local tenants.
    • Located in a dense retail trade area.
    • MX‑M zoning allows for diverse commercial uses; no cannabis permitted.
    Property Profile Location Intelligence

    Current Use by Public Records

    Aamco Auto Repair Shop Farmers Insurance - Andre ... Insurance Agency Avis Car Rental Car Rental Agency Budget Car Rental Car Rental Agency The Recognition Place (TRP) Engraver

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Albuquerque
    County
    Bernalillo
    State
    New Mexico
    Longitude
    -106.58982592
    Latitude
    35.12951081

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    FAQs

    What type of property is this?
    Individual retail property - Albuquerque Retail Center - Prime Location
    Where is this individual retail property located?
    The property is located at 4770 Montgomery Blvd Albuquerque, NM.
    What is the lease rate?
    The lease rate is $14 SF/Yr.
    What are key features of this property?
    This property features: Fiesta Crossings Retail Center, a 65,574 SF multi-tenant retail center in Albuquerque, NM, offers a compelling investment opportunity with only 2,240 SF currently vacant.; Excellent access from Montgomery & San Mateo Blvds, situated at a high-traffic intersection in Bernalillo County (87109).; Features a mix of national and local tenants.
    Request Owner's contact information
    4770 Montgomery Blvd Albuquerque, NM 87109
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    Albuquerque, NM 87109
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    4770 Montgomery Blvd Albuquerque, NM 87109
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