New Mexico Broker of Record: Lee Langen / Remax License No.: 19241 Faris Lee Investments is pleased to offer the rare opportunity to acquire the fee simple interest in The Pavilions at San Mateo, a Walmart Grocery–anchored community center in the central core of Albuquerque. Reinforcing the strength of this location, Walmart recently executed an extension through 2036, providing long-term income stability. Grocery-anchored shopping centers continue to be one of the most resilient and sought after product types for retail investors, driven by necessity-based demand and consistent daily traffic. Significant leasing momentum & anchor lease extensions further highlight strength of the real estate , evidenced by Five Below signing a new 10-year lease and Dollar Tree recently extending for 10 years as well as Old Navy & Shoe Dept extending for 5 years. These national retailers complement a diverse merchandising mix of daily needs tenants that draws over 2.2 million visitors annually (Placer.ai). Furthermore, with a purchase price reflecting a cost basis under $225/SF, the offering provides a secure investment well below replacement cost, allowing for long-term rental growth and favorable returns. Strategically located near the on/off ramp of Interstate 40 (±206,300 VPD), The Pavilions at San Mateo enjoys exceptional regional accessibility and visibility. The property is positioned at the high-traffic intersection of San Mateo Blvd NE and Cutler Ave NE (combined ±48,000 VPD), benefiting from multiple points of ingress/egress and significant street frontage. The center is also situated within a premier commercial corridor, just one mile from major regional economic drivers including Coronado Center and Winrock Town Center. The surrounding trade area features exceptional demographics, with over 117,000 residents and a daytime employment base of 110,000 employees within 3 miles. This high concentration of consumers positions The Pavilions at San Mateo as a compelling opportunity to acquire a high-quality, stabilized asset with a powerful national tenant lineup in a premier central Albuquerque retail corridor.