2601 2nd NW St Albuquerque, NM 87107-1410

Property Details for 2601 2nd NW St

Year built

1991

Lot size

0.88 lot acres

Property size

1,320 SF

Property type

Grocery and convenience stores

APN

1-014-059-370-334-1-04-03

APU

101405937033410403

Description

This exceptional 40,855 square foot retail pad, located at 2601 2nd St NW in Albuquerque, New Mexico, presents a unique redevelopment opportunity. Situated on a hard corner at a prime intersection in the North Valley, this property boasts high visibility and accessibility. The site previously housed a 1,316 square foot convenience store and a 1,142 square foot car wash, and features multiple access points along a heavily trafficked double-sided road. With 18,300 cars per day on 2nd Street and 21,300 cars per day on Menaul, this location offers unparalleled exposure. The site is ideally suited for a variety of retail and quasi-retail uses, including banks, fast food restaurants, or mobile phone stores. Nearby retail anchors such as the 4th & Menaul Retail Center, Whataburger, and Dunn & Edwards Paints further enhance the property's desirability. Gas infrastructure removal is complete, with environmental clearance obtained. Priced at $1,250,000 ($30.60 per square foot), this property represents a compelling investment in a thriving Albuquerque market. The property's size and location make it an excellent choice for investors seeking high-traffic exposure and redevelopment potential. This is a rare opportunity to acquire a substantial retail pad in a densely populated area with strong existing retail activity. The site's multiple access points and high visibility ensure maximum exposure for any future tenant. Don't miss this chance to secure a prime location in Albuquerque's dynamic North Valley.