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Watson Building 1600 Lomas Blvd NW 1,522 - 3,498 SF of Office/Retail Space Available in Albuquerque, NM 87104



HIGHLIGHTS
- Flex Space Offering a Live and Work Environment
- Unique Neighborhood close to Museums, Restaurants, and Parks
- Old Town Charm
SPACE AVAILABILITY (1)
Display Rental Rate as
- SPACE
- SIZE
- TERM
- RENTAL RATE
- RENT TYPE
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor | 1,522-3,498 SF | 1-3 Years | $2.37 CAD/SF/YR $0.20 CAD/SF/MO $8,301 CAD/YR $691.75 CAD/MO | Full Service |
1st Floor
Office/Retail Space $2,000 monthly rent AVAILABLE October 1st, 2025 12 month lease minimum First and Last Month Security Deposit All Utilities Included- Water, Gas and Electric 1600 Lomas Blvd NW Albuquerque NM 87104 Total Space Sq. Ft- 1,522 Unique commercial/retail complex located in the popular Old Town district in the scenic Rio Grande Valley Move-in ready with village charm Ample parking with 20 spots Ideal for professionals seeking serene, client-friendly work environment or retail space Beautifully-maintained building with unique architectural character High visibility from Lomas Blvd Attentive Landlord Wifi Capable Please Call/Text to inquire (505) 401-9876
- Rate includes utilities, building services and property expenses
- Mostly Open Floor Plan Layout
- Private Restrooms
- Wi-Fi Connectivity
- High Ceilings
- Shower Facilities
- Open-Plan
- Smoke Detector
- Wheelchair Accessible
- Old Town Architecture
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 WATSON BUILDING
- TENANT
- DESCRIPTION
- US LOCATIONS
- REACH
- Hiawatha Trading
- Public Administration
- 1
- -
| TENANT | DESCRIPTION | US LOCATIONS | REACH |
| Hiawatha Trading | Public Administration | 1 | - |
PROPERTY FACTS
| Total Space Available | 3,498 SF | Gross Leasable Area | 7,418 SF |
| Min. Divisible | 1,522 SF | Year Built | 1950 |
| Property Type | Retail | Parking Ratio | 1.89/1,000 SF |
| Property Subtype | Freestanding |
| Total Space Available | 3,498 SF |
| Min. Divisible | 1,522 SF |
| Property Type | Retail |
| Property Subtype | Freestanding |
| Gross Leasable Area | 7,418 SF |
| Year Built | 1950 |
| Parking Ratio | 1.89/1,000 SF |
ABOUT THE PROPERTY
At the intersection of Lomas Blvd and 16th Street Adobe Construction
- Signage
NEARBY MAJOR RETAILERS
Presented by
DL Bradley
Watson Building | 1600 Lomas Blvd NW
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