2700-2706 Carlisle Boulevard Northeast, Albuquerque, NM 87110

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    Retail
    Description

    Walmart Shadow Anchored Retail on Carlisle

    Retail - New Mexico

    Sale price: $2,300,000 ($479.17/SF) 
     
    Carlisle Pavilion 
    Carlisle Pavilion is a two-tenant retail strip center, constructed in 2017, located within the NE Heights submarket of Albuquerque. This former T-Mobile suite is joined by Red Wing Shoes and features strong building and pylon signage on Carlisle Blvd, as well as easy customer parking right at the door and along the side of the building. The property showcases a vibrant color scheme and prominent facade to stand out along this busy road and to compliment many of the new construction projects that are happening all along the Carlisle corridor. Carlisle Pavilion is shadow anchored by a high producing Walmart Supercenter that brought over 3.2M customers to the area over the past 12 months and is in the top 93% in customer traffic nationwide.

    Property Highlights:

    1.  Situated along Carlisle Boulevard, the property boasts significant visibility and access, benefiting from a daily traffic count of over 25,930 vehicles. Its proximity to the top-performing Super Walmart in New Mexico and the University of New Mexico enhances its appeal, drawing both regular foot traffic and potential customers from the student population.
    2. Recently constructed retail suite available
    3. Great building signage and top spot on pylon sign
    4. Shadow anchored by Walmart Supercenter (3.2M visits in last 12 months)
    5. Located among redeveloping Carlisle corridor with several new retail projects under construction
    6. Strong Midtown location just minutes from the Big-I
    Sale Highlights 
    • Great owner/user opportunity to occupy the vacancy and receive help from neighboring tenant to pay the mortgage.
    • Former T-Mobile retail space available with nice finishes and open concept.
    • Shadow anchored by Walmart Supercenter (3.2M visits in last 12 months).
    • Massive retail development/ redevelopment underway along Carlisle Blvd with a great opportunity to join the mix.
    • Recently constructed (2017) with a great modern look and huge signage opportunities on the building and pylon.

    Space Available: 2,500 SF

    Available opportunities: For Lease 2,500 SF Retail End Cap

    Demographic Information:

    Population (3M): 104,336

    Average Household Income (3M): $84,444

    Traffic Count: Carlisle Blvd – 25,046 VPD (Source: Sites USA 2024), Menaul Blvd: 30,378 VPD (Source: Sites USA 2024)

     

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    BROKER INFORMATION

    Michael Douglas
    (480) 977-2935
    michael.douglas@investingincre.com

     


    About ICRE Investment Team

    ICRE Investment Team is an investment team within ORION Investment Real Estate, that specializes in office, retail, medical, industrial and investment properties in Phoenix Arizona. We provide a complete range of real estate services to commercial property owners, companies, banks, commercial loan servicers, and investors seeking the highest quality of service, proven expertise, and a total commitment to client-focused relationships. Through our intensive focus on our clients’ business goals, our commitment to the community, and our highly personal approach to client service, ICRE Investment Team

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