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Former Walmart Supercenter

Approx. 206,000 SF building | Owner/User or Redevelopment | In-fill Site

Listing Contacts

Active

Asking Price: $9,000,000
Address 

301 San Mateo Blvd SE, Albuquerque, NM 87108

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Date Added
May 1, 2023
Days on Market
687 days
Time Since Last Update
15 days

Details

Property TypeRetail
SubtypeGrocery Store, Shopping Center, Storefront
Brand/TenantWalmart
Square Footage206,278
OccupancyVacant
Occupancy Date05/01/2023
Year Built1994
Buildings1
Stories1
ZoningMX-M
Lot Size (acres)17.6

Marketing Description

ocated in a well-established, densely populated, in-fill area of Albuquerque.​  This trade area houses the University of New Mexico campus, Albuquerque International Airport, two major medical facilities (UNMH and Presbyterian Hospital) as well as established residential.​  The existing improvements offer a significant discount to new construction in an area that has few land parcels of this size to develop.​  The site is visible and accessible from a major arterial, located in an area with 360 degree population and high traffic counts.​

Investment Highlights

Rare large-format retail box

Existing building in densely populated in-fill location

Built in 1994

Zoned: Mixed-Use - Moderate Intensity Zone District (MX-M)

Strong traffic counts

Numerous local retail establishments and restaurants in the immediate vicinity of the site

The University of New Mexico, Kirtland Air Force Base and Albuquerque International Sunport are all within 10 minutes from the site

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Due Diligence

Due diligence information will be provided.
Please reach out to the listing contacts for details.

Contact

Listing Contacts


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Broker Information
Broker Name
Jim Dountas
Broker License
NM NM 45995
Brokerage Name
CBRE, Inc.
Broker Title
SVP
Brokerage Address
6100 Uptown Boulevard Northeast, Albuquerque, United States 87110
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