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Nob Hill High Visibility Retail 4203 Lomas Blvd NE 1,264 SF of Retail Space Available in Albuquerque, NM 87110
HIGHLIGHTS
- Situated among high-traffic, popular neighbors like Humble Coffee, Starbucks, High & Dry Brewing, Sprouts, True Value, and Ace Hardware.
- Plentiful Parking: Ample parking space available at the rear of the property for your customers and staff.
- Flexible Layout: Suites are currently open but can easily be demised for two tenants.
- Outstanding Visibility: Enjoy prime building signage fronting Lomas Boulevard, exposed to over 19,150 vehicles daily.
- Accessible Entry Points: Easy vehicle access from Lomas Boulevard and a back alley connecting to Washington Street or Montclaire Drive.
- Potential Co-Tenancy: Ideal location for a donut shop or other food and beverage concepts.
SPACE AVAILABILITY (1)
Display Rental Rate as
- SPACE
- SIZE
- TERM
- RENTAL RATE
- RENT TYPE
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor, Ste 4203 | 1,264 SF | Negotiable | $19.25 CAD/SF/YR $1.60 CAD/SF/MO $24,328 CAD/YR $2,027 CAD/MO | Modified Gross |
1st Floor, Ste 4203
4203 Lomas presents an excellent opportunity for businesses looking to establish themselves along one of Albuquerque’s well-traveled corridors. This ±1,200 SF space offers functional floor plans with ceiling heights ranging from 8–10 feet, making it suitable for a wide range of retail or service-based uses. The property benefits from strong visibility on Lomas Blvd and is complemented by two exciting new tenants: Burque Licks, a new-to-market ice cream shop opening soon, and 8-Bit Retro Video Games.
- Listed rate may not include certain utilities, building services and property expenses
- Partially Built-Out as Standard Retail Space
- Located in-line with other retail
- Outstanding Visibility
- Ample parking
- Easy vehicle access from Lomas Boulevard
- Flexible Layout
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 | 1,264 SF | Gross Leasable Area | 5,388 SF |
| Property Type | Retail | Year Built | 1956 |
| Property Subtype | Freestanding | Parking Ratio | 1.3/1,000 SF |
| Total Space Available | 1,264 SF |
| Property Type | Retail |
| Property Subtype | Freestanding |
| Gross Leasable Area | 5,388 SF |
| Year Built | 1956 |
| Parking Ratio | 1.3/1,000 SF |
ABOUT THE PROPERTY
4203 Lomas presents an excellent opportunity for businesses looking to establish themselves along one of Albuquerque’s well-traveled corridors. This ±1,200 SF space offers functional floor plans with ceiling heights ranging from 8–10 feet, making it suitable for a wide range of retail or service-based uses. The property benefits from strong visibility on Lomas Blvd and is complemented by two exciting new tenants: Burque Licks, a new-to-market ice cream shop opening soon, and 8-Bit Retro Video Games. Their presence is expected to drive additional foot traffic and energy to the building. Located in the desirable University submarket and just minutes from Nob Hill, this space offers convenience, steady traffic, and a dynamic customer base—an ideal setting for businesses looking to grow. The University submarket has undergone some big changes over the past couple of years with both local and national retail investment. Starbucks constructed a new location directly to the east of this building at the corner of Lomas and Washington and High and Dry Brewing opened their doors to the SE on Adams St, both bringing more customers to this specific area. This building sits right up on Lomas Blvd with exposure to over 19,000 cars per day with excellent monument and building signage. Access is great with left in/left out from the west end of the property where parking is currently located outside of the fenced area.
- Pylon Sign
- Signage
NEARBY MAJOR RETAILERS
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Nob Hill High Visibility Retail | 4203 Lomas Blvd NE
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