4500 Cutler AveAlbuquerque, NM 87110

Property Details for 4500 Cutler Ave

Year built

1998

Lot size

1.02 AC

Property size (Sq ft)

6,300 SF

Property type

Community centers

APN

1-017-059-312-120-4-02-10

APU

101705931212040210

Description

The Pavilions at San Mateo offers exceptional retail leasing opportunities in Bernalillo County. This multi-tenant property boasts a total of 148,749 square feet, with 8,390 square feet currently vacant. Spaces range from a minimum of 1,325 square feet to a maximum contiguous space of 7,065 square feet, providing flexibility for various business needs. The center enjoys a prime location along Interstate 40, benefiting from high visibility to approximately 173,000 vehicles daily. Its strategic placement near the intersection of San Mateo Boulevard (45,500 vehicles per day) and Cutler Avenue ensures excellent accessibility and exposure. Strong anchors such as a Walmart Neighborhood Market, along with key co-tenants including Old Navy, Xfinity, and 5.11 Tactical, create a vibrant and attractive retail environment. The surrounding area demonstrates significant growth potential, with a population exceeding 120,100 people within a 3-mile radius and an average household income surpassing $65,600. This makes the Pavilions at San Mateo an ideal location for businesses seeking high visibility, strong demographics, and a thriving retail community. Contact us today to learn more about available spaces and leasing options.

• CAP approach

  CAP return

  Valuation

  6%

  $1,015,520

  6.5%

  $937,405

  7%

  $870,448

• Comparable approach

  Method

  Valuation

  Relative Method

  $564,565

  Geo Method

  $541,326

• Alternative Use

  Use

  Valuation

  Industrial / Distribution

  $1,798,940

  Mixed-Use / Specialty

  $945,821

  Hospitality / Lodging

  $709,226

  Office

  $952,448

  Institutional / Educational

  $987,475

  Residential Income

  $1,155,350

  Multifamily

  $1,320,480

  Automotive / Energy

  $846,407

  Parking / Income-Based Land

  $280,468

  Restaurant / Food Service

  $517,021

  Healthcare / Senior Housing

  $957,864

Location Insight

City

Albuquerque

County

Bernalillo

State

New Mexico

Latitude

35.1052

Longitude

-106.594

CBSA code

10740

CBSA name

ALBUQUERQUE, NM METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

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