Casa Bella is located at 425 Western Skies Drive SE in Albuquerque, New Mexico. The property is situated near the Sandia Mountains directly south of the I-40 and along
Central Avenue, a major east-west thoroughfare leading to University of New Mexico. Residents of Casa Bella are close-by to major employers and points of interest,
including shopping, dining, recreational facilities, high-rated school and transportation networks. A defining feature of the surrounding area is its stability and maturity.
The immediate neighborhood surrounding Casa Bella comprises a mixture of single-family homes, multifamily projects, and commercial/industrial developments. Casa
Bella is less than one mile west of the recently renovated Four Hills Village Shopping Center which features the Icon Theaters with VIP seating, Sprouts Farmers’ Market,
Starbucks, and Wells Fargo. Additionally at the intersection of Tramway Boulevard SE and Central Avenue SE is Smith’s, providing more grocery options. The Home Depot
and Costco are less than two miles west of the property at the intersection of Central Avenue SE and Eubank Boulevard NE. Nearby shopping malls include the Sears and
Macy’s-anchored Coronado Center, Dillard’s-anchored Winrock Shopping Center, and ABQ Uptown, Albuquerque’s upscale option for shopping, home furnishings,
entertainment and dining is located at the intersection of Louisiana Boulevard and Indian School Road.
The University of New Mexico, the largest post-secondary institution in the state and one of the state’s largest employers, is a short drive away from the subject property.
Nearby Junior Colleges include Carrington College, located at Broadbent Boulevard NE and Menaul Boulevard NW, as well as Central New Mexico Community College located
at Coal Avenue SE and University Boulevard SE. Casa Bella is minutes away from Kirtland Air Force Base and Sandia National Laboratories. Major employment generators such as Women’s Lovelace Hospital, Presbyterian Hospital, Journal Center, The Balloon Field Industrial Park, Kirtland AFB, Albuquerque International Sunport, and The University of New Mexico provide a considerable amount of business and housing demand to the immediate area. Recently, the Department of Energy’s National Nuclear Security Administration (DOE/NNSA) broke ground on 3-story 33,000-square-foot structure that will house 1,200 federal and contractor employees, located less than two miles from Casa Bella.
Los Lunas is another rapidly expanding submarket worth noting located thirty minutes south of Albuquerque. Facebook recently opened its 7th data center in the world in Los
Lunas. The $1 billion project broke ground in 2017 and has opened its second of six buildings and employs 150 people so far. The construction alone is expected to last
through 2023, with about 1,100 construction workers until it’s complete. The employment has surged rental demand in the immediate area as there are very few
market rate apartment complexes.
