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Cottonwood Corners

10420 Coors Bypass Road NE, Albuquerque, NM
33,749 square feet

The subject property is a 33,749 square foot building on 2.982 acres as part of a larger shopping center in the Cottonwood area of West Albuquerque. The building was formerly occupied by Circuit City and prior ownership after litigation with its lender lost it to foreclosure. The property is the only junior anchor box available in the Cottonwood area of Albuquerque surrounded by many national and regional anchor tenants and a regional mall. Considering its location within the retail hub, lack of alternatives for junior anchor tenants, and NetCo’s long history of Albuquerque market knowledge, the property was an excellent acquisition opportunity.

NetCo Investments, Inc. acquired the property on January 23, 2015 identifying multiple viable tenants who were missing from the Cottonwood area of Albuquerque and has immediately begun negotiations to lease up the building.

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