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Freestanding Retail Near Airport for Sublease 5800 Gibson Blvd SE
1,400 SF of Retail Space Available in Albuquerque, NM 87108
Sublease Highlights
- Freestanding retail building on signalized hard corner
- Prominent building location with large building signage and pylon sign on the corner
- Over 20,000 vehicles per day
- Recently a cannabis dispensary and constructed for Papa Johns restaurant
- Access from both Gibson and San Pedro
- Great draw from the Kirtland Air Force Base, Sandia National Labs, the VA, UNM and just 2.5 miles from the Albuquerque Sunport
Space Availability (1)
Display Rent as
- Space
- Size
- Term
- Rent
- Service Type
| Space | Size | Term | Rent | Service Type | ||
| 1st Floor | 1,400 SF | Negotiable | £19.62 /SF/PA £1.64 /SF/MO £211.24 /m²/PA £17.60 /m²/MO £27,475 /PA £2,290 /MO | Triple Net |
1st Floor
5800 Gibson Blvd SE is a freestanding retail building located at the signalized hard corner of Gibson Blvd and San Pedro Dr. The building is being offered for sublease with a current expiration of January 31, 2027 and was most recently a cannabis dispensary. The building was constructed for Papa Johns and may pose an opportunity for another restaurant user or even a drive-thru pad. The building has great curb appeal with 131 feet of frontage on Gibson, featuring prominent building signage and a large pylon sign right at the lighted intersection. The building lays out great with access points on both Gibson and San Pedro and has 14 parking spaces out front of the building. The premises is currently configured with a large open sales floor with a back office, storage locker and two restrooms towards the rear of the space.
- Sublease space available from current tenant
- Lease rate does not include utilities, property expenses or building services
- Partially Built-Out as a Fast Food Restaurant
- Space is an outparcel at this property
- Freestanding retail building
- Signalized hard corner
- Recently a cannabis dispensary
- Sublease opportunity - master lease exp 01/31/27
- Large building signage
- Access from both Gibson and San Pedro
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 5800 Gibson Blvd SE , Albuquerque, NM 87108
| Property Type | Retail | Year Built | 1977 |
| Property Subtype | Freestanding | Parking Ratio | 10/1,000 SF |
| Gross Internal Area | 1,400 SF |
| Property Type | Retail |
| Property Subtype | Freestanding |
| Gross Internal Area | 1,400 SF |
| Year Built | 1977 |
| Parking Ratio | 10/1,000 SF |
About the Property
The property is located in the Airport Submarket of Albuquerque, benefitting from a great draw of customers from the Kirtland Air Force Base, Sandia National Labs, the VA, UNM and even the Albuquerque International Sunport. The building is immediately adjacent to Jiffy Lube and Cervantes Mexican Restaurant and very near the Siesta Hills Shopping Center, featuring 999 Seafood Supermarket, Planet Fitness and Starbucks. There is also the Ridgecrest housing community that is walking distance to the southeast of the property that this building would service that is a made up of a great mix of doctors, UNM professors and military employees that have called this community home.
- Pylon Sign
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Austin Tidwell -
Daniel Kearney -
RESOLUT RE -
RESOLUT RE
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Freestanding Retail Near Airport for Sublease | 5800 Gibson Blvd SE
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