4340 San Mateo Boulevard NE

About this property

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