Caracol Plaza | 12500 Montgomery Blvd NE

Caracol Plaza is Albuquerque’s most anticipated redevelopment project, offering a fresh vision for this highly visible Far NE Heights property with strong potential for new retail and restaurant users. Under new ownership, the center is being rebranded with plans to remodel the façade with new stucco and an updated color palette, repave the parking lot, enhance signage, and deliver white-box spaces for qualified tenants, allowing them to customize finishes and layouts. Several suites feature existing restaurant infrastructure, and select spaces can be combined to accommodate larger-format users. Located at the high-traffic corner of Tramway and Montgomery, 12500 Montgomery Blvd NE provides flexible retail spaces ranging from approximately 1,000 SF to 10,500 SF, a large surface parking lot, prominent building, monument, and pylon signage, multiple ingress and egress points, and exposure to more than 40,000 vehicles per day, creating an ideal environment for visibility and long-term business growth.