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Pavilions San Mateo-Walmart Grocery Anch Ctr 4600 Cutler Ave NE 135 711 pi² 99% Loué Commerce de détail Immeuble Albuquerque, NM 87110 41 863 974 $ CAD (308,48 $ CAD/pi²) 7% Taux de capitalisation
Certaines informations ont été traduites automatiquement.
Faits saillants de l'investissement
- Highly Successful Walmart Grocery Anchored Center Investment Opportunity
- Regional Daily Needs Shopping Center
- Walmart Anchored Neighborhood Center Serving Central Albuquerque Trade Area W/ Excellent I-40 Freeway Accessibility To Surrounding Communities
- New Leasing Activity And Strong Anchor Renewals Show Increased Tenant Demand For The Trade Area
- Well Below Replacement Costs – Under $225/SF
- Strong Demographics In The Immediate Trade Area
Résumé de l'annonce
New Mexico Broker of Record: Lee Langen / Remax License No.: 19241
Faris Lee Investments is pleased to offer the rare opportunity to acquire the fee simple interest in The Pavilions at San Mateo, a Walmart Grocery–anchored community center in the central core of Albuquerque. Reinforcing the strength of this location, Walmart recently executed an extension through 2036, providing long-term income stability. Grocery-anchored shopping centers continue to be one of the most resilient and sought after product types for retail investors, driven by necessity-based demand and consistent daily traffic.
Significant leasing momentum & anchor lease extensions further highlight strength of the real estate , evidenced by Five Below signing a new 10-year lease and Dollar Tree recently extending for 10 years as well as Old Navy & Shoe Dept extending for 5 years. These national retailers complement a diverse merchandising mix of daily needs tenants that draws over 2.2 million visitors annually (Placer.ai). Furthermore, with a purchase price reflecting a cost basis under $225/SF, the offering provides a secure investment well below replacement cost, allowing for long-term rental growth and favorable returns.
Strategically located near the on/off ramp of Interstate 40 (±206,300 VPD), The Pavilions at San Mateo enjoys exceptional regional accessibility and visibility. The property is positioned at the high-traffic intersection of San Mateo Blvd NE and Cutler Ave NE (combined ±48,000 VPD), benefiting from multiple points of ingress/egress and significant street frontage. The center is also situated within a premier commercial corridor, just one mile from major regional economic drivers including Coronado Center and Winrock Town Center.
The surrounding trade area features exceptional demographics, with over 117,000 residents and a daytime employment base of 110,000 employees within 3 miles. This high concentration of consumers positions The Pavilions at San Mateo as a compelling opportunity to acquire a high-quality, stabilized asset with a powerful national tenant lineup in a premier central Albuquerque retail corridor.
Faris Lee Investments is pleased to offer the rare opportunity to acquire the fee simple interest in The Pavilions at San Mateo, a Walmart Grocery–anchored community center in the central core of Albuquerque. Reinforcing the strength of this location, Walmart recently executed an extension through 2036, providing long-term income stability. Grocery-anchored shopping centers continue to be one of the most resilient and sought after product types for retail investors, driven by necessity-based demand and consistent daily traffic.
Significant leasing momentum & anchor lease extensions further highlight strength of the real estate , evidenced by Five Below signing a new 10-year lease and Dollar Tree recently extending for 10 years as well as Old Navy & Shoe Dept extending for 5 years. These national retailers complement a diverse merchandising mix of daily needs tenants that draws over 2.2 million visitors annually (Placer.ai). Furthermore, with a purchase price reflecting a cost basis under $225/SF, the offering provides a secure investment well below replacement cost, allowing for long-term rental growth and favorable returns.
Strategically located near the on/off ramp of Interstate 40 (±206,300 VPD), The Pavilions at San Mateo enjoys exceptional regional accessibility and visibility. The property is positioned at the high-traffic intersection of San Mateo Blvd NE and Cutler Ave NE (combined ±48,000 VPD), benefiting from multiple points of ingress/egress and significant street frontage. The center is also situated within a premier commercial corridor, just one mile from major regional economic drivers including Coronado Center and Winrock Town Center.
The surrounding trade area features exceptional demographics, with over 117,000 residents and a daytime employment base of 110,000 employees within 3 miles. This high concentration of consumers positions The Pavilions at San Mateo as a compelling opportunity to acquire a high-quality, stabilized asset with a powerful national tenant lineup in a premier central Albuquerque retail corridor.
Bilan financier (Réel - 2026) Cliquez ici pour accéder à |
Annuel (CAD) | Annuel par pi² (CAD) |
|---|---|---|
| Revenu de location brut |
-
|
-
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| Autres revenus |
-
|
-
|
| Perte due à l’inoccupation |
-
|
-
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| Revenu brut effectif |
-
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-
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| Revenu net d’exploitation |
$99,999
|
$9.99
|
Bilan financier (Réel - 2026) Cliquez ici pour accéder à
| Revenu de location brut (CAD) | |
|---|---|
| Annuel | - |
| Annuel par pi² | - |
| Autres revenus (CAD) | |
|---|---|
| Annuel | - |
| Annuel par pi² | - |
| Perte due à l’inoccupation (CAD) | |
|---|---|
| Annuel | - |
| Annuel par pi² | - |
| Revenu brut effectif (CAD) | |
|---|---|
| Annuel | - |
| Annuel par pi² | - |
| Revenu net d’exploitation (CAD) | |
|---|---|
| Annuel | $99,999 |
| Annuel par pi² | $9.99 |
Faits sur la propriété
Type de vente
Investissement
Type de propriété
Commerce de détail
Sous-type de propriété
Taille du bâtiment
135 711 pi²
Classe d’immeuble
B
Année de construction
1997
Prix
41 863 974 $ CAD
Prix par pi²
308,48 $ CAD
Taux de capitalisation
7%
Revenu net d’exploitation
2 930 467 $ CAD
Pourcentage loué
99%
Location
Multiples
Hauteur du bâtiment
1 étage
Coefficient d’occupation des sols de l’immeuble
0,26
Taille du lot
12,06 AC
Zonage
MX-M - Mixed-Use - Moderate Intensity
Façade
Walk Score®
Très pratique à pied (82)
Bike Score®
Très cyclable (79)
Principaux détaillants à proximité
Impôts fonciers
| Numéro de lot | 1-017-059-450120-4-02-14 | Évaluation des bâtiments | 256 534 $ CAD (2025) |
| Évaluation du terrain | 332 068 $ CAD (2025) | Évaluation totale | 588 602 $ CAD (2025) |
Impôts fonciers
Numéro de lot
1-017-059-450120-4-02-14
Évaluation du terrain
332 068 $ CAD (2025)
Évaluation des bâtiments
256 534 $ CAD (2025)
Évaluation totale
588 602 $ CAD (2025)
Contacts
-
Donald MacLellan -
Jeff Conover -
Scott DeYoung -
Greg Lukosky -
Faris Lee Investments
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Pavilions San Mateo-Walmart Grocery Anch Ctr | 4600 Cutler Ave NE
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