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Project 528 3400 Nm-528 NE 1,298 sq ft of 4-Star Retail Space Available in Albuquerque, NM 87114
SPACE AVAILABILITY (1)
Display Rent as
- SPACE
- SIZE
- TERM
- RATE
- TYPE
| Space | Size | Term | Rate | Type | ||
| 1st Floor, Ste 108A | 1,298 sq ft | Negotiable | Upon Application Upon Application Upon Application Upon Application | Negotiable |
1st Floor, Ste 108A
- Fully Fit-Out as Standard Retail Unit
- Located in-line with other retail
- Space is in Excellent Condition
- High Ceilings
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.
PROPERTY FACTS
| Total Space Available | 1,298 sq ft | Net Internal Area (NIA) | 16,084 sq ft |
| Property Type | Retail | Year Built | 2012 |
| Property Subtype | Standalone | Parking Allocation | 10/1,000 sq ft |
| Total Space Available | 1,298 sq ft |
| Property Type | Retail |
| Property Subtype | Standalone |
| Net Internal Area (NIA) | 16,084 sq ft |
| Year Built | 2012 |
| Parking Allocation | 10/1,000 sq ft |
ABOUT THE PROPERTY
Project 528 is located in the heart of the Cottonwood trade area in Albuquerque, NM. The Cottonwood trade area is the only regional destination on the west side of the city. Cottonwood Mall with Dillard’s, JC Penney, Hobby Lobby, Regal Cinemas and more than 135 specialty stores. Surrounding the mall is the who’s who of retailers: Costco, Sam’s, Kohl’s, Home Depot, Lowe’s, Petsmart, Walgreens, Walmart, Bed Bath & Beyond, Petco, Dick’s Sporting Goods and many other successful retailers. This trade area is also home to the full spectrum of restaurants: Pei Wei, Chili’s, Rudy’s BBQ, Hooters, Olive Garden, Red Lobster, Buffalo Wild Wings, Garduno’s, Red Robin, Outback, Dion’s, Starbucks, Panda Express and Jason’s Deli. The Cottonwood trade area is strategically located west of the Rio Grande as it is the direct path of growth in Albuquerque and will experience continued residential and retail growth for the foreseeable future. This is due to the fact that Albuquerque can no longer grow to the north, south or east due to barriers (Sandia Reservation, Kirkland Airforce Base and the Sandia Mountains respectively).
- Pylon Sign
NEARBY MAJOR RETAILERS
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Project 528 | 3400 Nm-528 NE
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