4500 Cutler AveAlbuquerque, NM 87110
- Retail properties
- 6,300 SF
Property Details for 4500 Cutler Ave
- Year built
- 1998
- Lot size
- 1.02 AC
- Property size (Sq ft)
- 6,300 SF
- Property type
- Retail properties
- Property subtype
- 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.
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
CAP approach
- CAP return
- Valuation
- 6%
- $1,338,330
- 6.5%
- $1,235,381
- 7%
- $1,147,140
-
Comparable approach
- Method
- Valuation
- Relative Method
- $1,367,984
- Geo Method
- $1,311,675
-
Alternative Use
- Use
- Valuation
- Residential
- $1,042,090
- Hospitality
- $954,549
- Educational
- $794,174
- Medical
- $821,486
- Retail
- $1,235,381
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
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
FAQs
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