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Off Market
1/9

6201 Montgomery Blvd NE
Albuquerque, NM 87109


HIGHLIGHTS

  • High Traffic Retail Corner in Far NE Heights Submarket
  • Prime Retail Redevelopment
  • Optimal Lot Size for Single Tenant QSR Concept
  • 17,000 Population Within a 1 Mile Radius
  • Well Known Automotive Shop for Over 50 Years

OVERVIEW

6201 Montgomery is a fee simple hard corner retail pad located in the Far NE Heights submarket. Opportunities like this do not come available very often. Operated for decades as a tire shop, this high traffic intersection featuring over 47,000 cars per day can now be redeveloped for a retail use or repurposed as an automotive shop. Existing property consists of 9 car bays, yard space, car lifts, sales office and indoor storage. The property is located at the NEC of Montgomery & San Pedro. This signalized hard corner features a large monument sign on the corner and 3 access points. The intersection showcases 47,000 cars per day and is surrounded by retail activity and residential homes. The Far Northeast submarket has shown strong retail activity over the last few quarters and represents a low 11% retail vacancy.

FOR SALE DETAILS

PRICE

-

CAP RATE

-

% LEASED

-

TENANCY

-

STATUS

Demolished

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Auto Repair

ADD'L SUBTYPES

Freestanding

TOTAL BUILDING SIZE

1438

STORIES

1

YEAR BUILT

1964

SPRINKLERS

-

PARKING SPACES

4

LAND DETAILS

LAND ACRES

-

LAND SF

-

ZONING

-

APN/PARCEL ID

1-018-061-264023-4-01-01