For Sale
$1,250,000

2601 2Nd StAlbuquerque, NM 87107

40,855 SF Retail Opportunity in North Valley

Overview

Added:
Dec 11, 2024
Days on market:
116
This exceptional 40,855 square foot retail pad, located at 2601 2nd St NW in Albuquerque, New Mexico, presents a unique redevelopment opportunity. Situated on a hard corner at a prime intersection in the North Valley, this property boasts high visibility and accessibility. The site previously housed a 1,316 square foot convenience store and a 1,142 square foot car wash, and features multiple access points along a heavily trafficked double-sided road. With 18,300 cars per day on 2nd Street and 21,300 cars per day on Menaul, this location offers unparalleled exposure. The site is ideally suited for a variety of retail and quasi-retail uses, including banks, fast food restaurants, or mobile phone stores. Nearby retail anchors such as the 4th & Menaul Retail Center, Whataburger, and Dunn & Edwards Paints further enhance the property's desirability. Gas infrastructure removal is complete, with environmental clearance obtained. Priced at $1,250,000 ($30.60 per square foot), this property represents a compelling investment in a thriving Albuquerque market. The property's size and location make it an excellent choice for investors seeking high-traffic exposure and redevelopment potential. This is a rare opportunity to acquire a substantial retail pad in a densely populated area with strong existing retail activity. The site's multiple access points and high visibility ensure maximum exposure for any future tenant. Don't miss this chance to secure a prime location in Albuquerque's dynamic North Valley.

Highlights

  • $1,250,000 asking price for a 40,855 square foot retail property in Albuquerque, NM.
  • Property consists of a former convenience store and car wash, totaling 2,458 square feet.
  • High-traffic location at a major intersection in the North Valley, with 18,300 and 21,300 cars per day on adjacent streets.
  • Excellent redevelopment opportunity for various retail uses, including fast food and banking.
  • Gas infrastructure removal complete with environmental clearance.

Property Details for 2601 2Nd St

Property type
Retail properties, Grocery and convenience stores
Square Feet
40,855 SF

Location Insight

City
Albuquerque
County
Bernalillo
State
New Mexico
Latitude
35.1110549
Longitude
-106.644506
2601 2Nd St, Albuquerque, New Mexico

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2601 2Nd St
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