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San Pedro Neighborhood Retail Center 201 San Pedro Dr SE 1,200 SF of Retail Space Available in Albuquerque, NM 87108
Highlights
- Grocery anchored by El Mezquite Market, a well-known local grocery store driving consistent daily traffic
- Highly visible location positioned in the heart of the International District
- Surrounded by dense residential rooftops and established commerce
- Prime San Pedro frontage with strong daily traffic counts
- Excellent accessibility just minutes from I-40 interchange
- Ideal opportunity for retailers seeking strong street presence
Space Availability (1)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor | 1,200 SF | Negotiable | $27.90 CAD/SF/YR $2.33 CAD/SF/MO $33,482 CAD/YR $2,790 CAD/MO | Triple Net (NNN) |
1st Floor
201 San Pedro Dr SE offers tenants the opportunity to lease space within a well-positioned neighborhood shopping center anchored by El Mezquite Market, a well-known local grocery store that helps drive consistent daily customer traffic to the property. The center benefits from strong visibility along San Pedro Dr, convenient access points, ample onsite parking, and prominent signage opportunities for tenants seeking strong brand exposure. The property’s flexible layout can accommodate a variety of retail, office, medical, and serviceoriented uses, making it an attractive option for both established businesses and growing local operators. Its central location and established tenant mix create a convenient shopping destination for surrounding residents and commuters alike.
- 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 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 San Pedro Neighborhood Retail Center
- Tenant
- Description
- US Locations
- Reach
- El Mezquite Market
- Other Retail
- 2
- Local
- Laundry Express
- Services
- 1
- -
- Liberty Tax
- Acctg/Tax Prep
- 1,861
- International
- Mister Car Wash
- Auto Maintenance/Oil Change
- 732
- National
| Tenant | Description | US Locations | Reach |
| El Mezquite Market | Other Retail | 2 | Local |
| Laundry Express | Services | 1 | - |
| Liberty Tax | Acctg/Tax Prep | 1,861 | International |
| Mister Car Wash | Auto Maintenance/Oil Change | 732 | National |
Property Facts
| Total Space Available | 1,200 SF | Total Land Area | 6.22 AC |
| Property Type | Retail | Year Built | 1998 |
| Gross Leasable Area | 74,500 SF | Parking Ratio | 5.03/1,000 SF |
| Total Space Available | 1,200 SF |
| Property Type | Retail |
| Gross Leasable Area | 74,500 SF |
| Total Land Area | 6.22 AC |
| Year Built | 1998 |
| Parking Ratio | 5.03/1,000 SF |
About the Property
201 San Pedro Dr SE offers tenants the opportunity to lease space within a well-positioned neighborhood shopping center anchored by El Mezquite Market, a well-known local grocery store that helps drive consistent daily customer traffic to the property. The center benefits from strong visibility along San Pedro Dr, convenient access points, ample onsite parking, and prominent signage opportunities for tenants seeking strong brand exposure. The property’s flexible layout can accommodate a variety of retail, office, medical, and service-oriented uses, making it an attractive option for both established businesses and growing local operators. Its central location and established tenant mix create a convenient shopping destination for surrounding residents and commuters alike. Located in the heart of Albuquerque, the property benefits from immediate access to major thoroughfares including I-40, San Mateo Blvd, and Central Ave. The surrounding trade area features a dense mix of residential neighborhoods, established retail corridors, office users, hospitality, and national retailers, generating strong daytime and commuter traffic throughout the week. The central location allows businesses to efficiently serve customers from multiple areas of Albuquerque while benefiting from excellent accessibility and visibility within an established commercial corridor.
- Pylon Sign
- Signalized Intersection
Nearby Major Retailers
Presented by
San Pedro Neighborhood Retail Center | 201 San Pedro Dr SE
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