Lease Type: Ground Lease or Build to Suit Lease Rate: Depends on Delivery Property Size: 0.47 acres Building Size: 1,000 SF 4,000 SF Zoning: MX-M - Drive-Thru Permissive Features: Excellent Hard Corner location Drive Thru Permissive Smith s Grocery Store (Kroger) Anchored 40,600 VPD at Intersection Multiple Full Turn Access Points Large Pole and Building Signage Adjacent to New Mexico State Fairgrounds with 497,000 annual visitors
Property Overview Property Summary Property Address: Your Sign Here Excellent signage, access and visibility Property Description: Property Size: Construction Type: Ingress/Egress: Zoning: Drive-Through: Access: Hard-corner retail or restaurant lease, build-tosuit, or ground lease. 0.47 acres Masonry Owner also offering build-to-suit opportunity for qualified tenants. Access from 2 streets. MX-M - Medium Density Mixed Use. Allows for most commercial uses* Entitled for drive through Excellent Absolute Investment Realty is proud to present this opportunity to lease this corner parcel located at two of busy intersections in Albuqueqrue, NM. This Smith s Grocery Store outparcel is the idea location for any user requiring excellent signage, visibility and access. The property sits on the hard NWC of San Pedro and Lomas Blvd. With multiple access points, large monument signage and drive thru permissive, the site offers unparallel access, visibility and co-tenancy. Directly adjacent to Expo New Mexico, the states largest multi-use entertainment facility, the property is ideal for many retail users. With +/- 37,600 VPD at the intersection, minutes from Interstate 40 and Albuquerque Uptown, the site offers easy access, the benefit of a grocery store anchor while being situated in a very dense residential area. Visibility: Signage: Location: Absolute Investment Realty 105 Jefferson NE Albuquerque, NM 87108 505-346-6006 Info@go- Excellent hard corner visibility. Excellent pole and building signage. Located off Lomas and San Pedro Blvd. * Property is subject to deed restrictions for fuel, grocery, package liquor sales, tobacco and lottery Disclaimer: The information contained in this marketing package is believed to be reliable. While we do not doubt the accuracy, we have not verified it and make no guarantee, warranty or representation about it. It is your responsibility to independently confirm its accuracy and completeness. Additionally, this package and the information contained herein is intended only for parties with a bonified interest in the lease or purchase of this property and should not be distributed otherwise.
Louisiana Blvd.17,500 VPD San Mateo Blvd. 39,000 VPD San Pedro Dr. 11,800 VPD Trade Area Map Coronado Mall Trade Area Demographics Radius 1 Mile 3 Mile 5 Mile Population (2018 Estimate) 14,247 139,652 295,331 Avg HH Income (2018) $48,925 $52,875 $56,235 Daytime Employees (2018) 11,163 123,763 263,887 Consumer Spending (2018) $130,299,000 $1.2 B $2.7 B ABQ Uptown Winrock Town Center Mark Twain Elementary School SITE Lomas Blvd. 25,600 VPD 24,900 VPD 497,000 visitors a year
Site Close Up San Pedro Dr. (11,800 VPD) SITE Lomas Blvd. (25,600 VPD) LOCATION DESCRIPTION Located in northeastern Albuquerque, the property is anchored by Smith s Grocery Store, Family Dollar and RAC. In addition to the dense surrounding neighborhoods, area businesses include Ace Hardware Store, Taco Bell, Sprout s, True Value, Subway, Weck s, McDonald s, and the Expo State Fairground. The Expo State Fairgrounds brings and estimated 497,000 visitors annually including concerts, craft fairs, exhibitions and the Rodeo. The property is located near the popular Uptown shopping and dining district which includes 2 of the states largest regional malls. The trade area has some of the highest daytime population in the city and is near Central Avenue (Historic Route 66). Lomas Blvd. is a main arterial running nearly the entire east-west length of the city and connects many important business and educational nodes such as the University of New Mexico and countless small businesses.
Site Plat
Conceptual Site Plan 1 San Pedro Dr. (11,800 VPD) *Conceptual rendering subject to change Lomas Blvd. (25,600 VPD)
Conceptual Site Plan 2 San Pedro Dr. (11,800 VPD) *Conceptual rendering subject to change Lomas Blvd. (25,600 VPD)
Exterior Photos Highly Visible Location Located at the hard corner of the busy intersection of Lomas and San Pedro Blvd. Lease as-is, Ground Lease or Build-to-Suit Existing structures can be leased. Alternatively, the landlord is willing to ground lease or buildto suit. Excellent Signage 2 tall monument signs and unobstructed building façade.
Demographics Consumer Spending Totals 1 Mile Households by Income 1 Mile Daytime Employees 1 Mile
Albuquerque, NM MSA Albuquerque is located in the Rio Grande Valley, and is shadowed by the majestic Sandia Mountains. With a population of approximately 900,000 people, the metro area has a projected growth rate of 7.2% over the next 2.5 years. Rio Rancho, a suburb of Albuquerque with a population of 89,900, has experienced explosive growth of over 65% from 2,000 2010, is the fastest growing city in New Mexico, and one of the fastest growing cities in the United States. Albuquerque is home to the University of New Mexico (UNM) and the University of New Mexico Hospital (UNMH) which together employ 20,210 people. Kirtland Air Force Base and Sandia National employ a high-tech, educated work force of about 23,000 people. Lying at the center of the New Mexico Technology Corridor, Albuquerque is ranked as one of Forbes Best Cities for Business, for its concentration of high-tech private companies and government institutions along the Rio Grande river valley. Some key technology based employers include Sandia National Laboratories, Intel, Raytheon and Northrup Grumman. Albuquerque is a regional center for transportation, health care, government agencies, nuclear research, and tourism. Albuquerque is host to the world famous Albuquerque International Balloon Fiesta which draws over 1,000,000 visitors per year. Less than one hour away is the Historical City of Santa Fe, which has year round outdoor activities, it also holds awards for quality of life, and low cost of living,.
Absolute Investment Realty Qualifying Broker Alfredo specializes in the acquisition and disposition of investment real estate and has experience in closing large retail, industrial, office, and hospitality transactions. With over 13 years of experience in the commercial real estate industry as a developer, landlord and broker Alfredo has worked with nation s top tenants, private investors and real estate investment companies. Alfredo has a passion for helping his clients meet their real estate investing goals and excels at closing complicated transactions. Alfredo has a an MS in Electrical Engineering and a BS in Computer Engineering from the University of New Mexico and is a member of CARNM and ICSC. Some of Alfredo s Recent Transactions Who We Are Absolute Investment Realty is an investment oriented commercial real estate brokerage firm focused on helping our clients meet their commercial real estate investment goals. Our clients range from private local investors to multi-national REITS. We have closed transactions throughout the United States and from around the world. No job is too small or too large for our dedicated team of professionals. We are experts on current market conditions and provide expert advise on the best pricing and buying or selling strategies. We have industry wide connections and make it a policy to work hand in hand with our peers, principals and institutions to get the deal done. We are second to none in our ability to identify, sell or lease investment quality real estate. Vice President Associate Broker Jeremy, who specializes in all aspects of the retail real estate market, has represented dozens of national clients including KIMCO, the nation s largest owner of Retail Strip centers, US Bank, Kroger, Family Dollar, CW Capital, BNP Paribas Group and has successfully managed multiple multi-million dollar acquisitions and dispositions in the New Mexico market. Jeremy s investment brokerage experience includes one of the largest investment sales in recent years in New Mexico and several other multi-million dollar deals in the past 12 months. In the past 36 months, Jeremy has completed over 80 million dollars of leasing and sale transactions. Some of Jeremy s Recent Transactions The newest member of Absolute Investment Realty, started her Commercial Real Estate career in 2009 as a Commercial Property Manager. Throughout Nicole s Property Management career, she managed more than one million square feet of commercial real estate and represented more than 200 individual clients. Within the first year of brokerage, Nicole successfully secured client representation such as Great Clips and Rib Crib. Her experience does not stop with tenant representation as she has represented landlords, buyers and sellers in numerous transactions. Nicole s in-depth commercial real estate experience coupled with her natural ability to understand client needs affords her strong client relationships. In 2001, Nicole received a BA in Business Administration from the Robert O. Anderson School of Management at the University of New Mexico. Our Mission Absolute Investment Realty s mission is to help our clients achieve their commercial real estate goals. How We Help Our Clients Succeed Our firm excels because we execute with attention to detail, exceptional financial analysis capabilities, second to none market knowledge, and the highest level of customer service. We start by understanding our client s needs and working closely with them to develop a customized acquisition, disposition, leasing or development plan specifically designed to help our clients reach their goals as expeditiously as possible. Awards and Accolades Awarded to the top 5 brokerage firms in NM, Absolute Investment Realty has achieved the coveted Costar Power Broker Award every year we ve been in business.