Retail Pad Sites at Juan Tabo and I-40

Highlights:

• Rare development opportunity with two pad sites in Albuquerque’s vibrant Northeast Heights. These pad sites are strategically positioned in a bustling retail corridor, making them an ideal investment for a developer seeking high visibility and strong traffic counts.
• High Traffic location: Juan Tabo and I-40 West
• Established retail hub: Hobby Lobby, Starbuck and many more
• Flexible development for quick service restaurants, hotel, carwash, multitenant retail, etc.
• Freeway proximity & high visibility
• Top 25% performing Olive Garden in the county
• Strong Demographics

Description:

PROPERTY OVERVIEW
The property at 601 Juan Tabo Blvd. NE consists of two prime pad sites available for development in Albuquerque’s thriving Northeast Heights. The pad sites are positioned along a busy commercial corridor, offering approximately 1.77 and 2.47 acres ready for retail, dining, or service-oriented builds. Anchored by a recently remodeled Olive Garden, the site benefits from its placement in an established retail node with excellent visibility and access. Key features include:

Strategic Positioning: Situated on Juan Tabo Boulevard, a major thoroughfare, with close proximity to I-40 (over 90,000 vehicles daily), ensuring high traffic counts and easy commuter access.

Surrounding Amenities: Neighbors include national brands like Hobby Lobby, Starbucks, and a new Maverick gas station, creating a synergistic retail environment.

Development-Ready: Flat, usable land with existing infrastructure nearby, reducing site prep costs and speeding up construction timelines.

Zoning Advantage: Zoned for commercial use , ideal for pad site staples like drive-thrus, small retail, or professional services. The 2.47 acre pad-site ideal for hospitality (variance needed).


AVAILABLE
Pad A: 1.77 AC
$24.00 PSF, $1,859,429

Pad B: 2.47 AC
$21.40 PSF, $2,302,494

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