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Albuquerque, NM - Walgreens

$4,500,000

2011 12th St NW, Albuquerque, NM 87104

Active
Last Updated: 07/22/2025

7.22

Cap Rate

325,000

NOI

Details:
Cap Rate:    7.22%
NOI:    $325,000
Building Size:    15,878 sqft
Lot Area:    1.65 acres
Occupancy:    100%
Year Built:    2006
Zoning:    C2: Commercial
Floors:    1
Description:

• Walgreens (S&P rating of BB-) reported $147 billion in revenue for 2024 and$81 billion in Assets.
• High performance location – ranked in the top 13th percentile for Walgreens Nationwide (Placer.ai) and has reported over $5M in annual sales for the past 10 years

• Walgreens is adjacent to a Lowe’s Home Improvement ranked in the top 25% of all Lowe’s locations nationwide in visits, according to Placer.ai
• Across 12th Street from the Indian Pueblo Cultural Center, the central gathering place for the Pueblo Indian communities with museum and gallery space, a library, archive, educational department and event center
• Located approximately 2.5 miles north of the ABQ BioPark, New Mexico’s most visited attraction
• ABQ BioPark draws over 1.5 million visitors annually and includes a zoo, aquarium, botanical garden, and Tingley Beach
• Located approximately 3 miles west of the University of New Mexico, the state’s flagship and largest university
• University enrollment exceeds 27,000 students with approximately 3,225 faculty members

Map:
Location
Gallery