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1201 Unser Blvd SW
Albuquerque, NM 87121
NNN Walgreens · Retail Property For Sale

PROPERTY FACTS

Property Type
Retail
Property Subtype
Drug Store
Building Size
18,704 SF
Building Class
C
Year Built
2003
Tenancy
Single
Building Height
1 Story
Building FAR
0.98
Lot Size
0.44 AC
Parking
122 Spaces (6.52 Spaces per 1,000 SF Leased)
Frontage
192’ on Sapphire St

AMENITIES

  • Pylon Sign
  • Signage
  • Signalized Intersection
  • Drive Thru

ABOUT 1201 UNSER BLVD SW , ALBUQUERQUE, NM 87121

Marcus & Millichap is pleased to exclusively offer for sale a single tenant corporate Walgreens in Albuquerque, New Mexico. Walgreens has over 9 years remaining on a 25 year lease term with ten 5-year options. Located at 1201 Unser Boulevard SW, Walgreens occupies 14,560 square feet on +/- 2.23 acres of land at the signalized hard corner intersection of Unser Boulevard and Arenal Road. The subject property contains ample parking and is in a dense and rapidly growing residential area. Walgreens is on an absolute net lease, resulting in zero landlord responsibilities. Tenants in the immediate vicinity include Walmart, McDonald’s, Subway, AutoZone, Burger King, Dollar Tree and many more. Southwest Albuquerque is the fastest growing part of the city, yet the most underserved. Despite being the 2nd largest market area in New Mexico, there is a $300 million dollar gap between retail supply and demand within a five-mile area.

PROPERTY TAXES

  • Listing ID: 14962016

  • Date on Market: 1/23/2019

  • Last Updated:

  • Address: 1201 Unser Blvd SW, Albuquerque, NM 87121