Retail Pad Sites at Juan Tabo and I-40
Land
Marketing description
Rare development opportunity with two pad sites in Albuquerque’s vibrant Northeast Heights. These pad sites are strategically positioned in a bustling retail corridor, making them an ideal investment for a developer seeking high visibility and strong traffic counts.
The property at 601 Juan Tabo Blvd. NE consists of two prime pad sites available for development in Albuquerque’s thriving Northeast Heights. The pad sites are positioned along a busy commercial corridor, offering approximately 1.77 and 2.47 acres ready for retail, dining, or service-oriented builds. Anchored by a recently remodeled Olive Garden, the site benefits from its placement in an established retail node with excellent visibility and access. Key features include:
Strategic Positioning: Situated on Juan Tabo Boulevard, a major thoroughfare, with close proximity to I-40 (over 90,000 vehicles daily), ensuring high traffic counts and easy commuter access.
Surrounding Amenities: Neighbors include national brands like Hobby Lobby, Starbucks, and a new Maverick gas station, creating a synergistic retail environment.
Development-Ready: Flat, usable land with existing infrastructure nearby, reducing site prep costs and speeding up construction timelines.
Zoning Advantage: Zoned for commercial use , ideal for pad site staples like drive-thrus, small retail, or professional services. The 2.47 acre pad-site ideal for hospitality (variance needed).
Investment highlights
- High Traffic location: Juan Tabo and I-40 West
- Established retail hub: Hobby Lobby, Starbuck and many more
- Flexible development for quick service restaurants, hotel, carwash, multitenant retail, etc.
- Freeway proximity & high visibility
- Top 25% performing Olive Garden in the county
- Strong Demographics
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