1201 South Renaissance Boulevard Northeast is aretail property for lease in Albuquerque, NM.
The subject property is located at I-25 & Montano in Albuquerque NM, in the regional trade area known as Renaissance. Anchor tenants in this trade area include CostCo, Sportsmans Warehouse, Home Depot, Sam’s Club, PetSmart, REI, Cavender’s, Performance Bike, among others. The subject property is also surrounded by the #1 highest daytime employment in the state — over 105K within 3 miles.
The valuation for this property is based on existing NNN leases with Country Dan’s and Shamrock Foods, as well as the upside of 2 parcels that are available for development.
* Investment opportunity in the Renaissance / North I-25 Trade Area
* Country Dans (19,821 SF) and Shamrock Foods (24,197 SF) NNN leases in place
* Total Land Area (5.98 AC) and GLA (44,018 SF)
* Upside - Additional retail development opportunity
* Upside - .72 AC pad site at hard corner