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Advance Auto Parts 10026 Central Ave SE 7,000 SF of Retail Space Available in Albuquerque, NM 87123
SPACE AVAILABILITY (1)
Display Rental Rate as
- SPACE
- SIZE
- TERM
- RENTAL RATE
- RENT TYPE
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor | 7,000 SF | Negotiable | $27.92 CAD/SF/YR $2.33 CAD/SF/MO $195,429 CAD/YR $16,286 CAD/MO | Triple Net (NNN) |
1st Floor
Freestanding Retail Building Available for Sale or Lease. Contact Broker for Details.
- Lease rate does not include utilities, property expenses or building services
- Partially Built-Out as Standard Retail Space
- Space is an outparcel at this property
- Prime Location
- Modern Construction
- Ample Parking
- Large Lot Size
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 broker 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.
SELECT TENANTS AT ADVANCE AUTO PARTS
- TENANT
- DESCRIPTION
- US LOCATIONS
- REACH
- Little Caesars
- Accommodation and Food Services
- -
- -
| TENANT | DESCRIPTION | US LOCATIONS | REACH |
| Little Caesars | Accommodation and Food Services | - | - |
PROPERTY FACTS
| Total Space Available | 7,000 SF | Gross Leasable Area | 7,000 SF |
| Property Type | Retail | Year Built | 2017 |
| Property Subtype | Freestanding | Parking Ratio | 4.5/1,000 SF |
| Total Space Available | 7,000 SF |
| Property Type | Retail |
| Property Subtype | Freestanding |
| Gross Leasable Area | 7,000 SF |
| Year Built | 2017 |
| Parking Ratio | 4.5/1,000 SF |
ABOUT THE PROPERTY
FOR SUBLEASE • Prime Location: Situated on Central Ave SE, a major thoroughfare in Albuquerque, 27,300 VPD • Modern Construction: Built in 2017, the building features high quality, four-sided split-face concrete masonry • Ample Parking: The property includes 31 parking spaces • Large Lot Size: The building sits on a 1.12-acre parcel • Current tenant has ceased operation as of February 2025 • Proximity to National Retailers: Within a 1-mile radius, you’ll find major national retailers such as Walmart, Sam’s Club, and Home Depot • Proximity to Key Landmarks: Close to Kirtland Air Force Base, the University of New Mexico, and Albuquerque International Sunport • Existing Building has seven (7) years of remaining lease income • Remaining Rental Obligation $143,000 annually
- Bus Line
- Pylon Sign
NEARBY MAJOR RETAILERS
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Advance Auto Parts | 10026 Central Ave SE
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