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Max Q @ Kirtland Development 5000 Gibson Blvd
1,200 - 8,000 SF of Retail Space Available in Albuquerque, NM 87117
Highlights
- Master planned development with a mission to provide retail, restaurant and hospitality amenities to Kirtland Air Force Base, Sandia National Laborato
- Development opportunities are flexible with options to ground lease, build-to-suit, end-cap drive-thrus or lease shop space within multi-tenant buildi
- Over 30,000 VPD on Gibson Blvd, 124,000 daytime population within 3 miles and 945 multi-family and 356 single family homes on base – currently underse
- More than 43,000 employees and 27,000 students within 2 miles of the site
- Join Northrop Grumman as first office tenant and Kirtland Federal Credit Union as first retail tenant of Max Q
Space Availability (1)
Display Rent as
- Space
- Size
- Term
- Rent
- Service Type
| Space | Size | Term | Rent | Service Type | ||
| 1st Floor | 1,200-8,000 SF | Negotiable | Upon Application Upon Application Upon Application Upon Application Upon Application Upon Application | Triple Net |
3530 Gibson Blvd SE - 1st Floor
Max Q @ Kirtland is a ground up 77 acre development on Air Force Base land that will service one of the largest employment centers in New Mexico. This mixed-use project will be broken into four phases. The first phase consists of approximately 19 acres east of Carlisle Blvd and broke ground in March of 2022. The first phase is proposed to be a high density mixed-use “town center” style development with ground floor retail, drive-thru, hotels, restaurants, office, and R&D space. The development is available for ground lease, build-to-suit or to lease inline and end-cap drive-thru spaces in spec buildings. The site plan is subject to change based on the needs of tenants as the project evolves.
- Lease rate does not include utilities, property expenses or building services
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 5000 Gibson Blvd , Albuquerque, NM 87117
| Min. Divisible | 1,200 SF | Gross Leasable Area | 86,550 SF |
| Centre Type | Neighborhood Center | Total Land Area | 3.00 AC |
| Centre Properties | 16 | Year Built | 2027 |
| Min. Divisible | 1,200 SF |
| Centre Type | Neighborhood Center |
| Centre Properties | 16 |
| Gross Leasable Area | 86,550 SF |
| Total Land Area | 3.00 AC |
| Year Built | 2027 |
About the Property
The Max Q @ Kirtland project is a ground up 77 acre development on Air Force Base land that will service the largest employment centers in New Mexico. This mixed use project will be broken into four phases. The first phase consists of approximately 19 acres east of Carlisle Blvd and will break ground by the summer of 2019. The first phase is proposed to be a high density mixed-use "town center" styled development with ground floor retail, drive-thru, hotels, restaurants, office, and R&D space. The development is available for ground lease, build-to-suit or to lease inline and end-cap retail spaces in spec buildings. The site plan is subject to change based on the needs of tenants as the project evolves. Located in SE Albuquerque on Gibson Blvd between Carlisle Blvd & Truman St. The site is a EUL (Enhanced Use Lease) with Kirtland Air Force Base on base land and is 1.85 miles from the Sandia National Laboratories gate; 1.25 miles from the Albuquerque International Sunport; 0.75 miles from the US Department of Veteran Affairs and 2 miles from the University of New Mexico. This site is also a mile away from recently constructed Chick-Fil-A, Blake's Lotaburger, Chili's, Buffalo Wild Wings and Dion's. This submarket is home to the largest employment centers in the state of New Mexico and is largely underserved.
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Max Q @ Kirtland Development | 5000 Gibson Blvd
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