Contacts
CBRE
Property Details
- Property Type Retail
- Property Size 1,310 SF
- # of Floors 1
- Building Class A
- Year Built 2025
- Date Updated Jul 9, 2025
- Visibility/Traffic Count (VPD) 34,800
CBRE is pleased to exclusively offer a 1,310-square foot single-tenant, brand new construction, drive-thru only Starbucks asset located in Albuquerque, New Mexico (the “Property”). The offering is inclusive of a new 10-year lease that features four 5-year options to renew and contractual rent increases every five years. The lease features a corporate guarantee from Starbucks Corporation (S&P: BBB+), one of the nation’s preeminent retailers with consolidated annual net revenue in excess of $9.1 billion (FY Sept 2024).
HIGH CREDIT TENANCY
» Starbucks (S&P: BBB+) is one of the nation’s preeminent corporations and operates over 40,000 retail stores in 86+ countries
» Starbucks generated consolidated annual net revenue in excess of $9.1 billion (FY 2024)
LONG TERM LEASE WITH ATTRACTIVE NET LEASE STRUCTURE
» 10-year lease term with (4) 5-year options
» 10% contractual rental bumps every 5 years through initial term and option period
IRREPLACEABLE REAL ESTATE FUNDAMENTALS
» Shadow anchored by a top performing Smith’s (Kroger) grocer accounting for over 1.2M visits in the past 12 months
» Located along Tramway Boulevard SE with direct access to I-40, the main travel corridor in New Mexico
» Drive by exposure to over 34,800 VPD at Tramway Blvd SE and Central Avenue NE
Reach out to the broker for more info on lease terms and amenities
Getting around
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69/100
Walk Score ®
-
37/100
Transit Score ®
-
50/100
Bike Score ®
Location
- City Albuquerque, NM
- Neighborhood Singing Arrow
- Zip Code 87123
- Market Albuquerque
Points of Interest
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Montaño
9.09 miles
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Africa Train Station
9.30 miles
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Bernalillo County/International Sunport
9.40 miles
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Asia Train Station
9.55 miles
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Smith's
0.09 miles
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Alon
0.14 miles
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Phillips 66
0.71 miles
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Maverik
1.34 miles
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Chevron
1.75 miles
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Costco Gasoline
1.99 miles
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Tesla Supercharger
7.17 miles
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ChargePoint
8.78 miles
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Copper Trailhead
1.15 miles
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Embudo Trailhead
2.48 miles
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Piedra Lisa Trailhead
3.24 miles
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RV Parking
3.42 miles
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ODR RV Storage
4.29 miles
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Underground Parking Entry
4.76 miles
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Two Park Square Visitor Parking
4.78 miles
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Park Square Parking Garage
4.84 miles
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Patient Lot
4.87 miles
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Employee Lot J
5.07 miles
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Einstein Bros. Bagels
0.16 miles
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McDonald's
0.22 miles
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Waffle House
0.22 miles
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Domino's
0.26 miles
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Subway
0.29 miles
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Taco Bell
0.41 miles
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KFC
0.47 miles
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Sushi Xuan Asian Grill
0.51 miles
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Blake's Lotaburger
0.79 miles
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Wienerschnitzel
1.05 miles
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Smith's
0.08 miles
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Sprouts Farmers Market
0.10 miles
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Albertsons
1.86 miles
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Walmart Supercenter
2.07 miles
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Target
2.19 miles
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Walmart Neighborhood Market
3.21 miles
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Big Lots
3.24 miles
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Kirtland Exchange
3.54 miles
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Kirtland Commissary
3.66 miles
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TJ Maxx
4.37 miles
Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.
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