Description

Montgomery Crossing is a highly visible retail center in Albuquerque’s Far NE Heights, situated at the heavily trafficked intersection of Wyoming and Montgomery Boulevards. The former Party City space has recently become available, creating a rare junior box opportunity in a submarket with less than 3.5% retail vacancy, featuring more than 130 feet of storefront and prominent pylon signage on both road frontages. The center is anchored by strong performers including Michaels, Walgreens, Chuck E. Cheese, and Golf Mart, and has recently added popular new tenants such as Lucky Goose Vegan Restaurant, Kung Fu Tea, Yoshi Mame Sushi, and Cuco’s. Ranked as the third highest-trafficked intersection in Albuquerque, the surrounding area continues to see significant redevelopment and retail growth, supported by nearby traffic generators including Target, Natural Grocers, Starbucks, Albuquerque ER & Hospital, Slim Chickens, 7 Brew Coffee, and Freddy’s Steakburgers, as well as new residential development across the street that will further increase density and demand for retail services.