4500 Cutler AveAlbuquerque, NM 87110

  • Retail properties
  • 6,300 SF
For Lease

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
4500 Cutler Ave, Albuquerque, New Mexico

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

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$9,412
$112,077
$84,103
$196,180
-
$336,265
$252,335
$588,600

FAQs

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