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1350 Sunport Plz SE

4,240 SF of Retail Space Available in Albuquerque, NM 87106

Highlights

  • Ground up restaurant/bar development
  • Surrounded by high density student housing & apartments
  • Territorial views of downtown & West Mesa
  • Surrounded by national hotel brands (1,000 Rooms)
  • Adjacent space to be meeting/ banquet rooms servicing hotels
  • Patio space available

Space Availability (1)

Display Rent as

  • Space
  • Size
  • Term
  • Rent
  • Service Type
  • 1st Floor
  • 4,240 SF
  • Negotiable
  • Upon Application Upon Application Upon Application Upon Application Upon Application Upon Application
  • TBD
Space Use
Retail
Condition
Shell Space
Availability
Now
  • Space is an outparcel at this property
  • Space is in Excellent Condition
Space Size Term Rent Service Type
1st Floor 4,240 SF Negotiable Upon Application Upon Application Upon Application Upon Application Upon Application Upon Application TBD

1st Floor

Size
4,240 SF
Term
Negotiable
Rent
Upon Application Upon Application Upon Application Upon Application Upon Application Upon Application
Service Type
TBD
Space Use
Retail
Condition
Shell Space
Availability
Now

  • Space is an outparcel at this property
  • Space is in Excellent Condition

Rent Types


The rent amount and type that the tenant (lessee) will be responsible to pay to the landlord (lessor) throughout the lease term is negotiated prior to both parties signing a lease agreement. The rent type will vary depending upon the services provided. For example, triple net rents are typically lower than full service rents due to additional expenses the tenant is required to pay in addition to the base rent. Contact the listing agent for a full understanding of any associated costs or additional expenses for each rent type.

1. Full Service: A rental rate that includes normal building standard services as provided by the landlord within a base year rental.

2. Double Net (NN): Tenant pays for only two of the building expenses; the landlord and tenant determine the specific expenses prior to signing the lease agreement.

3. Triple Net (NNN): A lease in which the tenant is responsible for all expenses associated with their proportional share of occupancy of the building.

4. Modified Gross: Modified Gross is a general type of lease rate where typically the tenant will be responsible for their proportional share of one or more of the expenses. The landlord will pay the remaining expenses. See the below list of common Modified Gross rental rate structures: 4. Plus All Utilities: A type of Modified Gross Lease where the tenant is responsible for their proportional share of utilities in addition to the rent. 4. Plus Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of cleaning in addition to the rent. 4. Plus Electric: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical cost in addition to the rent. 4. Plus Electric & Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical and cleaning cost in addition to the rent. 4. Plus Utilities and Char: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the utilities and cleaning cost in addition to the rent. 4. Industrial Gross: A type of Modified Gross lease where the tenant pays one or more of the expenses in addition to the rent. The landlord and tenant determine these prior to signing the lease agreement.

5. Tenant Electric: The landlord pays for all services and the tenant is responsible for their usage of lights and electrical outlets in the space they occupy.

6. Negotiable or Upon Request: Used when the leasing contact does not provide the rent or service type.

7. TBD: To be determined; used for buildings for which no rent or service type is known, commonly utilized when the buildings are not yet built.

PROPERTY FACTS FOR 1350 Sunport Plz SE , Albuquerque, NM 87106

Property Type Retail
Gross Internal Area 4,240 SF
Year Built 2026
Construction Status Proposed

About the Property

PROPERTY OVERVIEW The Taxiway is a proposed ground up development intending to satisfy the demand for meeting room/banquet space, and the need for bar/restaurants. Due to the high density of hotel rooms in the area without meeting space, and the surrounding residents, demand is high for this type of development. The meeting/event room portion of this development will be owned and managed by Excel Hospitality (Staybridge Hotel). The development will incorporate modern architecture, outdoors spaces, and common amenities. The developer is looking for a qualified restaurant, bar, or brewery to colocate in this development. LOCATION OVERVIEW “The Taxiway” is located 0.5 Miles West of Albuquerque’s International Sunport with over 5,000,000 annual visits. The area has a high surrounding daytime population due to the prximity to KAFB, UNM, SNL, and Private Corporations. Closer to the property, the development is surrounded by well over 1,000 rooms of hotels as well as a high density of student housing and apartments. The area is quickly developing with many more hotels and apartments breaking ground in addition to new employers entering the market.

Attachments

RES The Taxiway

Nearby Major Retailers

Village Inn
Waffle House
Starbucks
Buffalo Wild Wings
Denny's
Chili's Grill & Bar
Blake's Lotaburger
Applebee's
Fuddruckers
  • Listing ID: 25828628

  • Date on Market: 01/06/2022

  • Last Updated:

  • Address: 1350 Sunport Plz SE, Albuquerque, NM 87106

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