Your email has been sent.
Glenwood Village 4700 Tramway Blvd NE 1,196 SF of Retail Space Available in Albuquerque, NM 87111
HIGHLIGHTS
- Heavy daytime traffic, next to Smiths and McDonald's
SPACE AVAILABILITY (1)
Display Rental Rate as
- SPACE
- SIZE
- TERM
- RENTAL RATE
- RENT TYPE
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor, Ste C7 | 1,196 SF | Negotiable | $28.03 CAD/SF/YR $2.34 CAD/SF/MO $33,524 CAD/YR $2,794 CAD/MO | Triple Net (NNN) |
12611 Montgomery Blvd NE - 1st Floor - Ste C7
Glenwood Village offers a prime retail opportunity in Albuquerque’s Northeast Heights, strategically positioned at the high-traffic intersection of Montgomery Blvd. and Tramway Blvd. NE. Anchored by Smith’s Supermarket, McDonald’s, and Speedway, this locally owned and managed shopping center benefits from strong daily traffic counts of 26,600 vehicles and proximity to High Desert—one of Albuquerque’s most affluent residential communities. The center features a mix of retail and restaurant spaces, with food truck parking available to support dynamic tenant activations. Its location provides excellent visibility and accessibility, making it ideal for businesses seeking to serve both neighborhood residents and commuter traffic. The surrounding area boasts a population of over 88,000 within a 3-mile radius and a median household income of $58,833, reinforcing the site’s appeal for service-oriented and lifestyle tenants. With competitive lease rates and a proven anchor lineup, Glenwood Village is well-suited for operators looking to establish or expand in a vibrant, high-income trade area.
- Lease rate does not include utilities, property expenses or building services
- Partially Built-Out as Standard Retail Space
- Located in-line with other retail
- Anchored by Smith’s Supermarket
- Just south of High Desert
- 26,600 cars per day on Tramway Blvd
- Locally owned and managed
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.
SITE PLAN
SELECT TENANTS AT GLENWOOD VILLAGE
- Conoco Inc
- McDonald's Corp.
- Smith's Food & Drug Centers, Inc
PROPERTY FACTS
| Total Space Available | 1,196 SF | Center Properties | 4 |
| Center Type | Neighborhood Center | Gross Leasable Area | 100,079 SF |
| Parking | 335 Spaces | Total Land Area | 9.29 AC |
| Stores | 1 | Year Built | 1990 |
| Total Space Available | 1,196 SF |
| Center Type | Neighborhood Center |
| Parking | 335 Spaces |
| Stores | 1 |
| Center Properties | 4 |
| Gross Leasable Area | 100,079 SF |
| Total Land Area | 9.29 AC |
| Year Built | 1990 |
ABOUT THE PROPERTY
Retail, Restaurant or Office Space is available at the Glenwood Village Shopping Center. Center is anchored by Smith's, McDonald's, and Conoco. Glenwood Village resides adjacent to Glenwood Hills and High Desert, two of Albuquerque' s wealthiest neighborhoods. New condominiums were recently completed across the street.
- Pylon Sign
- Signalized Intersection
NEARBY MAJOR RETAILERS
Presented by
Glenwood Village | 4700 Tramway Blvd NE
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.