3601 Old Airport Rd NW Albuquerque, NM 87114
For Lease
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Cottonwood Commons, located at 3601 Old Airport Rd NW in Albuquerque, New Mexico, 87114, offers exceptional retail space within a thriving commercial hub. This premier development boasts a total of 214,934 square feet and is situated in the high-traffic Cottonwood trade area of northwest Albuquerque. The property benefits from a strong regional draw, serving a population base exceeding 250,000 residents from areas including Rio Rancho, Corrales, and the North Valley. Cottonwood Commons is anchored by a significant mix of national and local tenants within its 195,000 square feet of retail space, creating a vibrant and successful shopping destination. Currently, there is space available ranging from a minimum of 3,000 square feet to a maximum contiguous space of 28,000 square feet, providing flexibility for various business needs. The property is located in Bernalillo County and presents a unique opportunity to establish or expand a retail presence in a high-demand area with substantial foot traffic and consumer spending. This is an ideal location for businesses seeking exposure within a well-established and successful retail center. The property's strategic location and strong tenant mix make it an attractive investment opportunity in a rapidly growing market.
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CedarFIT Body Transformation Center Gym & Fitness Center
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Cottonwood Commons Shopping Center & Mall
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fi.d.o (Bike/Boat/Book/etc) Store Pet Store & Service
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Bed Bath & Beyond Kitchen & Bath Showroom Furniture & Home Goods
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The Lash Lounge Hair Salon
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.