Listing Agency: Marcus & Millichap - Atlanta d***@marcusmillichap.com Show Phone

Listed By: Don McMinn · License #GA 292036

Source: Crexi

Added: Apr 11 Changed: Aug 29 Last Checked: Aug 29 at 3:10PM

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Investment Insights

Based on property information with market context.

This Walgreens-branded drug store is offered with a 10.5-year NNN lease, providing a defined lease structure for the property. The listing also identifies a Placer ranking in the top 93%. The property is located at 9601 Gibson Blvd SW in Albuquerque, New Mexico 87121.

Key Highlights

• Walgreens‑branded drug store
• 10.5‑year NNN lease
• Placer ranking in the top 93%

Property Analytics

Property Profile

Current Use

Walgreens Pharmacy Pharmacy Walgreens Photo (Bike/Boat/Book/etc) Store Walgreens Cosmetic Store LibertyX Bitcoin ATM Atm FedEx OnSite Postal Service

Suggested Use

Top Pick Real Estate Agency Restaurant Building Supply Law Firm Big Box & Wholesale Store Spa & Massage Center

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

152

Businesses Nearby

21k

Monthly Visits Nearby

Balanced

Demand for This Use

Explore this area Business Placement

Foot Traffic Nearby

Shops & Services 100%

Allsups Shops & Services

20,822 visits/mo 0.0 miles

Demographics for 87121, NM

77,802

Population

26,118

Households

3

Avg Household Size

31

Median Age

13%

College-Educated

80%

High-School Grad

336.9 sq mi

ZIP Area

231

Density / Sq Mi

$59,184

Median Household Income

$34,738

Median Earnings

$1,277

Median Rent

$192,500

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

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Similar Off Market Nearby

• Landa beauty supply LLC — 8416 Stony Creek Rd SW, Albuquerque, NM 87121
• Walgreens Pharmacy — 9601 Gibson Blvd SW, Albuquerque, NM 87121
• Emevin — 2419 Desert Springs Dr SW, Albuquerque, NM 87121
• Johnny Ray J. Garcia, PharmD — 9600 Sage Rd SW, Albuquerque, NM 87121
• Walmart Pharmacy — 9600 Sage Rd SW, Albuquerque, NM 87121

Frequently Asked Questions

What type of property is this?

Drug store - Walgreens-branded drug store subject to a 10.5-year NNN lease.

Where is this drug store located?

The property is located at 9601 Gibson Blvd SW Albuquerque, NM.

What are key features of this property?

This property features: Walgreens‑branded drug store; 10.5‑year NNN lease; Placer ranking in the top 93%