4340 San Mateo Boulevard NE

$7,250,000

4340 San Mateo Boulevard NE, Albuquerque, NM 87110

4340 San Mateo Boulevard NE

$7,250,000

Rarely does a commercial real estate opportunity of this caliber come to market in New Mexico. This exclusive two-parcel portfolio controls the entirety of the #2 busiest hard corner intersection in the State of New Mexico -- Montgomery Boulevard and San Mateo Boulevard NE -- commanding 75,000 to 80,000 vehicles per day. Situated against the iconic backdrop of the Sandia Mountains, the portfolio totals approximately 16,104 SF of retail building area across 1.49 acres of irreplaceable urban land, both parcels fully leased under net lease structures delivering immediate, dependable cash flow from day one. The anchor asset at 4340 San Mateo Blvd NE is a 14,454 SF big-box retail building on 1.24 acres, corporate-guaranteed by CVS Pharmacy under an Absolute NNN lease running through August 203

Exterior

Stories	1
Utilities	Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
Heat type	Natural Gas
Air Conditioning	Refrigerated

Area & Lot

Status	For Sale
LIVING SPACE	16,104 Sq.Ft.
TOTAL AREA	16,104 Sq.Ft.
LOT SIZE	1.24 Acres
MLS® ID	1103197
Type	Commercial
Neighborhood	Southeast Albuquerque

Financial

SALES PRICE	$7,250,000
REAL ESTATE TAXES	$32,129/yr

For Sale

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4340 San Mateo Boulevard NE