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West Central Plaza 4208 Central Ave SW
51,479 SF of Retail Space Available in Albuquerque, NM 87105
Highlights
- Former Conn's anchor suite - prominent end-cap with Central visibility
- West Central is one of few shopping destination options in the South Valley; submarket offering only 9 SF of retail space per person
- Join Burlington, Stanton Optical, Dollar Tree, Harbor Freight, Panda Express & Dunkin
- Very versatile interior featuring a great opportunity for grocery, soft goods, home improvement, fitness, pet & more!
Space Availability (1)
Display Rent as
- Space
- Size
- Term
- Rent
- Service Type
| Space | Size | Term | Rent | Service Type | ||
| 1st Floor, Ste A | 51,479 SF | Negotiable | £9.42 /SF/PA £0.78 /SF/MO £101.39 /m²/PA £8.45 /m²/MO £484,927 /PA £40,411 /MO | Triple Net |
1st Floor, Ste A
The West Central Shopping Center is a power center located in the South Valley Submarket of Albuquerque. Suite A is a 51,479 SF end-cap anchor that is joined by Burlington, Stanton Optical, Dollar Tree, Oak Street Health, Dunkin, Panda Express and SuperCuts. This box space has great visibility from Central Ave and has prominent placement on the multi-tenant pylon sides on either end of the property. The space itself measures approximately 250’ wide X 200’ deep and has a clear height of 17’5”. The interior is incredibly easy to customize with a wide open floor plan and a stockroom/bathrooms to the back with a dock-high setup for deliveries. With limited premium retail product in the South Valley Submarket, this will be a great opportunity for a new anchor tenant to capitalize on this very underserved community.
- Lease rate does not include utilities, property expenses or building services
- Partially Built-Out as Standard Retail Space
- Highly Desirable End Cap Space
- Former Conn’s anchor suite
- Prominent end-cap with Central visibility
- Very versatile interior
- MX-M Zoning
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 4208 Central Ave SW , Albuquerque, NM 87105
| Property Type | Retail | Total Land Area | 7.95 AC |
| Property Subtype | Freestanding | Year Built/Renovated | 1966/2019 |
| Gross Internal Area | 131,613 SF | Parking Ratio | 5.61/1,000 SF |
| Property Type | Retail |
| Property Subtype | Freestanding |
| Gross Internal Area | 131,613 SF |
| Total Land Area | 7.95 AC |
| Year Built/Renovated | 1966/2019 |
| Parking Ratio | 5.61/1,000 SF |
About the Property
The South Valley Submarket is the new frontier for retail construction. Historically overlooked based on demographic data showing low income jobs and inexpensive housing options, retail developers and tenants have changed their tune now knowing that residents have large amounts of disposable income and the South Valley is severely underserved for retail product (Albuquerque averages 45 sq ft per person, whereas this trade area only supplies 9). As a result, the submarket vacancy rate comes out to a staggering 1.3%. West Central Plaza is perfectly situated where the West Mesa and Downtown meet at one of Albuquerque’s few river crossings and is the beneficiary of a ART (Albuquerque Rapid Transit) bus stations for easy pedestrian access. The center sits right at the signalized intersection and features ample parking not only to the center, but a large parking field directly west of the available anchor space.
- Pylon Sign
- Signage
- Signalised Intersection
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Austin Tidwell -
Daniel Kearney -
RESOLUT RE -
RESOLUT RE
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West Central Plaza | 4208 Central Ave SW
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