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Carlisle Pavilion 2700-2706 Carlisle Blvd NE 2,500 SF of Retail Space Available in Albuquerque, NM 87110
HIGHLIGHTS
- Recently constructed retail suite available
- Shadow anchored by Walmart Supercenter (3.2M visits in last 12 months)
- Strong Midtown location just minutes from the Big-I
- Great building signage and top spot on pylon sign
- Located among redeveloping Carlisle corridor with several new retail projects under construction
SPACE AVAILABILITY (1)
Display Rental Rate as
- SPACE
- SIZE
- TERM
- RENTAL RATE
- RENT TYPE
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor | 2,500 SF | Negotiable | Upon Request Upon Request Upon Request Upon Request | Triple Net (NNN) |
1st Floor
Carlisle Pavilion is a two-tenant retail strip center, constructed in 2017, located within the NE Heights submarket of Albuquerque. This former T-Mobile suite is joined by Red Wing Shoes and features strong building and pylon signage on Carlisle Blvd, as well as easy customer parking right at the door and along the side of the building. The property showcases a vibrant color scheme and prominent facade to stand out along this busy road and to compliment many of the new construction projects that are happening all along the Carlisle corridor. Carlisle Pavilion is shadow anchored by a high producing Walmart Supercenter that brought over 3.2M customers to the area over the past 12 months and is in the top 93% in customer traffic nationwide.
- Lease rate does not include utilities, property expenses or building services
- Partially Built-Out as Standard Retail Space
- Highly Desirable End Cap Space
- Recently constructed retail suite available
- Great building signage and top spot on pylon sign
- Shadow anchored by Walmart Supercenter
- Located among redeveloping Carlisle corridor
- Several new retail projects under construction
- Strong Midtown location minutes from the Big-I
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.
PROPERTY FACTS
| Total Space Available | 2,500 SF | Gross Leasable Area | 4,800 SF |
| Property Type | Retail | Year Built | 2017 |
| Property Subtype | Freestanding | Parking Ratio | 5.19/1,000 SF |
| Total Space Available | 2,500 SF |
| Property Type | Retail |
| Property Subtype | Freestanding |
| Gross Leasable Area | 4,800 SF |
| Year Built | 2017 |
| Parking Ratio | 5.19/1,000 SF |
ABOUT THE PROPERTY
This stretch of Carlisle Blvd is seeing restoration and new retail growth as a result of right-sizing and demolition of obsolete product that is to the benefit of the Carlisle Pavilion. Examples include the recently completed Whole Foods and American Home redevelopment of the old K-Mart; redevelopment of the old Whole Foods across the street and the demolition of the old American Home to make way for multiple pad tenants; ownership change, rebrand and face-lift on Park Plaza; and the full conversion and redevelopment BLVD 2500 to include retail and residential uses. This corridor is the gateway south to Nob Hill and the University of New Mexico and is just minutes from the Big-I interchange. Customers will find this location to be centrally located in town and easy to access from the freeways.
NEARBY MAJOR RETAILERS
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Carlisle Pavilion | 2700-2706 Carlisle Blvd NE
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