Cottonwood Mall

Shopping Center for Lease
Catylist Listing ID: 30119160
Property Subtypes: Regional Mall
Contiguous Space: 15,000 - 82,433 SF
Gross Building Area: 90,000 SF
Lease Rate: See Agent
Lease Types: See Agent
Building Name: Former Macy's
Last Updated: 8/9/2017

Overview / Comments

Cottonwood Mall serves a large trade area that covers the northwest portion of the Albuquerque market and the state. The trade area primarily serves the area west of the Rio Grande River, a market of more than 350,000 people that grew by over 50% during the last decade.

The market is home to Kirtland Airforce base, which employs over 20,000 people including 4,200 active-duty and 3,200 part-time military personnel. Also nearby is Sandia National Laboratories, the nation's center for nuclear science that employs over 8,000 highly-paid engineers and scientists and corporate headquarters of Intel New Mexico, Albuquerque's largest private-sector industrial employers with 3,500 employees. Albuquerque is home to the University of New Mexico, the state's flagship research institution, with enrollment of approximately 30,000 students. Cottonwood mall is located 1 mile from Cibola High School, one of the largest high schools in the state with over 2,000 students.

The city draws tourists with a number of attractions and entertainment options including the Albuquerque International Balloon Museum & Fiesta a 365-acre Balloon Fiesta Park, located 4 miles from Cottonwood Mall, which hosts multiple events and launchings year-round. With over 800,000 visitors each year, it's the largest international event in the U.S. and #1 in the world with 600+ balloons launched. There are also 3 major casinos within a 20-mile radius of the mall.

Expand All Available Space

Suite: Former Macy's 82,433 SF See Agent
Space Available: 82,433 SF
Minimum Divisible: 15,000 SF
Lease Rate: See Agent
Lease Type: Undisclosed
Space Subcategory: Regional Mall, Power Center
Date Available: 6/21/2017
Space Type: Relet

Additional Details

Nearest MSA: Albuquerque
County: Bernalillo
Submarket/Township: Cottonwood
Tax ID/APN: ABQ9117
Retail Clientele: General, Family, Business, Traveler, Tourist, Recreation, Convention, Casino, Other
Property Located Between: Coors Bypass/Coors Boulevard/7 Bar Loop Road
Property Visibility: Excellent
Largest Nearby Street: Coors Bypass
Traffic/Vehicle Count: 62,300
Airports: Albuquerque International
Property Condition: Excellent

Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 15,436 79,376 200,413
Median Age: 35.16 38.7 37.95
Households: 6,505 31,438 79,699

Contact

Photograph of Listing Agent

Donnie Brainard

Pegasus Group LLC CARNM CIE Member
Photograph of Listing Agent

Anthony W Johnson

Pegasus Group LLC CARNM CIE Member
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