NEW MEXICO BROKER OF RECORD - DAN K. FRADY - License No. 14369 Faris Lee Investments is pleased to present an outstanding opportunity to acquire a highly visible retail pad within the thriving Pavilions at San Mateo grocery anchored center in Albuquerque, NM. Fully leased to nationally and regionally recognized tenants— Orangetheory Fitness, Einstein Bros. Bagels, and Nutrishop—this property offers exceptional stability and performance in a dynamic trade area with over 2.3 million annual visitors. Strategically positioned near Interstate 40, with traffic counts exceeding 200,000 vehicles per day (VPD), and along San Mateo Blvd NE & Cutler Ave NE , which sees over 45,000 VPD, the property enjoys superior visibility, accessibility, and consistent consumer traffic. The tenants are industry leaders, with Orangetheory Fitness operating over 1,500 studios worldwide, Einstein Bros. Bagels generating $580 million in sales in 2023 as part of Panera Brands, and Nutrishop rapidly expanding with over 200 locations across 36 states. Long-term NNN leases reduce landlord responsibilities and ensure reliable income, while fee-simple ownership provides additional security and opportunities for tax benefits. Located within the 150,000-square-foot Walmart-anchored Pavilions at San Mateo, the property benefits from synergy with top-performing retailers, including Whole Foods Market (#1 in New Mexico with over 1 million annual visitors) and Target (#1 in New Mexico with over 2 million annual visitors). Its proximity to Coronado Center, New Mexico’s premier super-regional mall with nearly 10 million annual visitors, further solidifies the property’s position as a prime retail destination. Crunch Fitness recently announced they are opening a $10 Million, 58,000 Sqft state of the art fitness facility in the former BBB / BuyBaby space across the street in the Plaza San Mateo center. Situated within five miles of Downtown Albuquerque, a $40 billion economic hub, and just 10 miles from Albuquerque International Airport , the property captures demand from a robust demographic base of over 123,000 residents and 109,000 employees within a three-mile radius. This investment combines tenants with proven growth and operational histories, minimal management responsibilities, and a prime location within a thriving retail corridor. With stable cash flow and long-term growth potential, this property represents a rare opportunity to acquire a valuable retail asset in Albuquerque, NM.