El Campo Apartments & All Safe Self Storage

Albuquerque is New Mexico’s largest city and the economic engine of the state, offering a diverse blend of cultural heritage, modern infrastructure, and strategic positioning in the American Southwest. As of 2024, the Albuquerque Metropolitan Statistical Area (MSA) is home to over 915,000 residents, making it the 60th largest MSA in the country. Its central location along the Interstate 40 and Interstate 25 corridors provides exceptional regional connectivity and makes it a critical hub for commerce, logistics, and trade. 5800 Central Ave SW is located along Historic Route 66, known locally as Central Avenue—a key east-west commercial artery stretching through the heart of Albuquerque. This section of Central Avenue serves the West Mesa area and is a vital retail corridor that caters to a dense local population, daily commuters, and transient traffic. The property offers strong visibility and access from both Central Ave and 58th Street SW, with high daily traffic counts and a surrounding trade area that continues to support a broad mix of retail, service, and institutional uses. Strong Economic Base and Growth Drivers Albuquerque’s economy is anchored by government, defense, research, healthcare, education, and manufacturing. Major institutions include Kirtland Air Force Base, Sandia National Laboratories, and Los Alamos National Laboratory, which attract a highly educated workforce and foster innovation in aerospace, defense, and energy. Additionally, the University of New Mexico and Presbyterian Health Services are top employers, reinforcing the city's stability and contributing to its growing demand for services and retail. The city has seen ongoing investment in infrastructure and urban development, including transit-oriented projects, affordable housing initiatives, and commercial revitalization. Albuquerque’s lower cost of living, combined with pro-business policies and ample land availability, continues to attract companies, investors, and developers alike. Retail Corridor and Local Demographics The surrounding trade area offers a healthy mix of national and regional retailers, including Walmart Supercenter, Family Dollar, AutoZone, O’Reilly Auto Parts, Walgreens, and Little Caesars, all within close proximity. These national brands are a strong testament to the retail viability of the corridor. The area is supported by a dense residential base, with over 120,000 residents living within a 5-mile radius and median household incomes continuing to grow year over year. The West Central corridor has also been the focus of city-driven redevelopment efforts aimed at revitalizing underutilized parcels, supporting small businesses, and increasing economic activity. These initiatives include infrastructure improvements, façade upgrade programs, and incentives for new commercial tenants.