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Valencia Y Shopping Center 2510 Main St 4,500 sq ft of Retail Space Available in Los Lunas, NM 87031
SPACE AVAILABILITY (1)
Display Rent as
- SPACE
- SIZE
- TERM
- RATE
- TYPE
| Space | Size | Term | Rate | Type | ||
| 1st Floor, Ste Retail 2 | 4,500 sq ft | Negotiable | Upon Application Upon Application Upon Application Upon Application | Negotiable |
2450 Main St - 1st Floor - Ste Retail 2
- Fully Fit-Out as Standard Retail Unit
- Unit is standalone
- Space is in Excellent Condition
- Prominent retail intersection w good signage
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 (NNN) 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 rent 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 rent 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.
SELECT TENANTS AT VALENCIA Y SHOPPING CENTER
- PetSmart
- Smith's
- Walgreens
PROPERTY FACTS
| Total Space Available | 4,500 sq ft | Frontage | 965 ft on Main St |
| Centre Type | Neighbourhood Centre | Net Internal Area | 114,326 sq ft |
| Parking | 108 Spaces | Total Land Area | 20.87 ac |
| Centre Properties | 6 | Year Built | 1986 |
| Total Space Available | 4,500 sq ft |
| Centre Type | Neighbourhood Centre |
| Parking | 108 Spaces |
| Centre Properties | 6 |
| Frontage | 965 ft on Main St |
| Net Internal Area | 114,326 sq ft |
| Total Land Area | 20.87 ac |
| Year Built | 1986 |
ABOUT THE PROPERTY
This Valencia Y center is centrally located in the heart of Los Lunas, and is one of the first projects completed by Hawkins Companies in the early 1980’s. Anchored by Smiths, Walgreens and PetSmart, this center offers traffic-generating co-tenants at the bustling intersection of Main Street and Hwy 47. • Located at the Valencia Y intersection, the main intersection in Los Lunas, NM • Prominent retail intersection • Anchored by Smith’s, Walgreen’s, & Ace.
NEARBY MAJOR RETAILERS
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Valencia Y Shopping Center | 2510 Main St
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