Property photo 1
Property photo 2
Property photo 3
Property photo 4
Property photo 5
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
MLS provider logo

The information contained herein has been provided by SWMLS, Inc. This information is from sources deemed reliable but not guaranteed by SWMLS, Inc. The information is for consumers' personal, non-commercial use and may not be used for any purpose other than identifying properties which consumers may be interested in purchasing. All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor Steffan Walters shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.

Powered by Luxury Presence