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Wal-Mart #831 301 San Mateo Blvd SE 206,278 SF of Retail Space Available in Albuquerque, NM 87108
Highlights
- Rare large-format retail box
- University, Air Force Base and Airport are all within 10 minutes from the site
- Existing building in densely populated in-fill location
Space Availability (1)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor, Ste 100 | 206,278 SF | Negotiable | Upon Request Upon Request Upon Request Upon Request | Negotiable |
1st Floor, Ste 100
Former Walmart Supercenter
- Partially Built-Out as Standard Retail Space
- Located in-line with other retail
- Rare large-format retail box
- Zoned: Mixed-Use - Moderate Intensity
- Strong traffic counts
- Existing building in densely populated location
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 | 206,278 SF | Gross Leasable Area | 217,736 SF |
| Property Type | Retail | Year Built | 1994 |
| Property Subtype | Freestanding | Parking Ratio | 4.56/1,000 SF |
| Total Space Available | 206,278 SF |
| Property Type | Retail |
| Property Subtype | Freestanding |
| Gross Leasable Area | 217,736 SF |
| Year Built | 1994 |
| Parking Ratio | 4.56/1,000 SF |
About the Property
+ Rare large-format retail box + Existing building in densely populated in-fill location + Built in 1994 + Zoned: Mixed-Use - Moderate Intensity Zone District (MX-M) + Strong traffic counts + Numerous local retail establishments and restaurants in the immediate vicinity of the site + The University of New Mexico, Kirtland Air Force Base and Albuquerque International Sunport are all within 10 minutes from the site
- Dedicated Turn Lane
- Pylon Sign
- Signalized Intersection
Nearby Major Retailers
Presented by
Wal-Mart #831 | 301 San Mateo Blvd SE
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