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HIGHLIGHTS
- Rare junior box space available in the Far NE Heights Submarket (less than 3.5% vacancy)
- Former Party City, anchored by Michaels, Walgreens, Chuck E. Cheese & Golf Mart
- More density provided across the street with Twilight Homes La Mirada with 66 residential lots (under construction)
- Located at the 3rd highest trafficked intersection in the City of Albuquerque
- Strong retail node with Target, Natural Grocers, Starbucks, Sherwin Williams, Freddy's, Slim Chickens & 7 Brew
SPACE AVAILABILITY (1)
Display Rental Rate as
- SPACE
- SIZE
- TERM
- RENTAL RATE
- RENT TYPE
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor, Ste 4410 | 10,972-13,326 SF | Negotiable | Upon Request Upon Request Upon Request Upon Request | Triple Net (NNN) |
1st Floor, Ste 4410
Former Party City junior box in Montgomery Crossing, offering prime visibility at one of Albuquerque’s busiest intersections. Features over 130 feet of storefront, pylon signage, and strong co-tenancy with Michaels, Walgreens, and Chuck E. Cheese in a thriving retail hub. Contact broker for pricing.
- Lease rate does not include utilities, property expenses or building services
- Fully Built-Out as Standard Retail Space
- Located in-line with other retail
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 4400-4420 WYOMING BLVD NE, ALBUQUERQUE, NM 87111
- TENANT
- DESCRIPTION
- US LOCATIONS
- REACH
- Chuck E. Cheese
- Arcade
- 635
- International
- House Of Soccer
- Sporting Goods
- 1
- Local
- Lucky Goose
- Accommodation and Food Services
- 1
- -
- MetroPCS
- Wireless Communications
- 10,967
- National
- Michaels
- Art/Crafts
- 1,438
- International
- Natural Grocers
- Supermarket
- 196
- National
| TENANT | DESCRIPTION | US LOCATIONS | REACH |
| Chuck E. Cheese | Arcade | 635 | International |
| House Of Soccer | Sporting Goods | 1 | Local |
| Lucky Goose | Accommodation and Food Services | 1 | - |
| MetroPCS | Wireless Communications | 10,967 | National |
| Michaels | Art/Crafts | 1,438 | International |
| Natural Grocers | Supermarket | 196 | National |
PROPERTY FACTS
| Total Space Available | 13,326 SF | Gross Leasable Area | 84,371 SF |
| Min. Divisible | 10,972 SF | Total Land Area | 5.76 AC |
| Property Type | Retail | Year Built | 1969 |
| Property Subtype | Storefront | Parking Ratio | 2.03/1,000 SF |
| Total Space Available | 13,326 SF |
| Min. Divisible | 10,972 SF |
| Property Type | Retail |
| Property Subtype | Storefront |
| Gross Leasable Area | 84,371 SF |
| Total Land Area | 5.76 AC |
| Year Built | 1969 |
| Parking Ratio | 2.03/1,000 SF |
ABOUT THE PROPERTY
Montgomery Crossing is a prominent retail shopping center in the Far NE Heights, located at the busy intersection of Wyoming and Montgomery Boulevards. The former Party City space has just come available, leaving behind a prime Junior Box opportunity in a submarket that boasts less than 3.5% vacancy for retail space. The box features over 130 feet of storefront and preferential pylon signage on both Wyoming and Montgomery. This new tenant would join a top performing Michaels, Walgreens, Chuck E. Cheese and Golf Mart and has recently welcomed newcomers Lucky Goose Vegan Restaurant, Kung Fu Tea, Yoshi Mame Sushi and Cuco’s. The intersection of Wyoming and Montgomery is ranked as the 3rd highest trafficked intersection in the City of Albuquerque and has undergone major redevelopment, which continues to attract top retailers to the nearby area. Area traffic generators include Target, Natural Grocers, Starbucks, Albuquerque ER & Hospital, Slim Chickens, 7 Brew Coffee and Freddy’s Steakburgers. The WyMont across the street continues to develop with 66 residential lots under construction, along with Restoration Pizza and one commercial lot remaining to add density and new retail options to the immediate area.
- Pylon Sign
- Signage
NEARBY MAJOR RETAILERS
Presented by
4400-4420 Wyoming Blvd NE
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