16,104 sqft
$7,250,000
4340 San Mateo Boulevard NE, Albuquerque NM, 87110
Price per sqft$450.20
Property size16,104 sqft
Property typeCommercial
Courtesy of Berkshire Hathaway NM Prop
Overview
Active
Listed May 8, 2026
Updated Jul 23
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
Additional information
- MLS® ID
- 1103197
Interior Features
- Cooling
- Yes
- Heating
- Yes
- Basement
- No
Exterior Features
- Lot Size
- 1.24 Acres
Other Property Details
- Taxes
- $32,129
- Tax Frequency
- Annually
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