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Louisiana Plaza 7200 Montgomery Blvd NE 700 - 7,091 SF of Retail Space Available in Albuquerque, NM 87109
HIGHLIGHTS
- Electronic reader board along Montgomery Blvd
- Prominent signage at property
SPACE AVAILABILITY (5)
Display Rental Rate as
- SPACE
- SIZE
- TERM
- RENTAL RATE
- RENT TYPE
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor, Ste B7+B8 | 1,320 SF | Negotiable | $17.90 CAD/SF/YR $1.49 CAD/SF/MO $23,622 CAD/YR $1,969 CAD/MO | Triple Net (NNN) | ||
| 1st Floor, Ste E2 | 3,661 SF | Negotiable | $15.01 CAD/SF/YR $1.25 CAD/SF/MO $54,937 CAD/YR $4,578 CAD/MO | Triple Net (NNN) | ||
| 1st Floor, Ste G3 | 700 SF | Negotiable | $18.23 CAD/SF/YR $1.52 CAD/SF/MO $12,762 CAD/YR $1,063 CAD/MO | Triple Net (NNN) | ||
| 1st Floor, Ste G4 | 700 SF | Negotiable | $18.23 CAD/SF/YR $1.52 CAD/SF/MO $12,762 CAD/YR $1,063 CAD/MO | Triple Net (NNN) | ||
| 1st Floor, Ste G5 | 710 SF | Negotiable | $17.90 CAD/SF/YR $1.49 CAD/SF/MO $12,706 CAD/YR $1,059 CAD/MO | Triple Net (NNN) |
7200 Montgomery Blvd NE - 1st Floor - Ste B7+B8
- Lease rate does not include utilities, property expenses or building services
7200 Montgomery Blvd NE - 1st Floor - Ste E2
- 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 Smiths, Other Mothers & Planet Fitness
- 2 Marquee signs + electronic reader board
- 37,700 cars a day on Montgomery Blvd
- Locally owned and managed
- Excellent visibility and access
7200 Montgomery Blvd NE - 1st Floor - Ste G3
- Lease rate does not include utilities, property expenses or building services
7200 Montgomery Blvd NE - 1st Floor - Ste G4
- Lease rate does not include utilities, property expenses or building services
7200 Montgomery Blvd NE - 1st Floor - Ste G5
- Lease rate does not include utilities, property expenses or building services
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
PROPERTY FACTS
| Total Space Available | 7,091 SF | Frontage | |
| Center Type | Neighborhood Center | Gross Leasable Area | 130,966 SF |
| Parking | 351 Spaces | Total Land Area | 22.87 AC |
| Center Properties | 6 | Year Built | 1986 |
| Total Space Available | 7,091 SF |
| Center Type | Neighborhood Center |
| Parking | 351 Spaces |
| Center Properties | 6 |
| Frontage | |
| Gross Leasable Area | 130,966 SF |
| Total Land Area | 22.87 AC |
| Year Built | 1986 |
ABOUT THE PROPERTY
Louisiana Plaza has been the most successful open-air shopping center in the Albuquerque heights since 1986. It features T.J. Maxx, Smiths grocery store, Weems Gallery, Petsense & Duke City Urgent Care. Plus, there is a free standing reader board along Montgomery for use by all tenants.
- Bus Line
- Pylon Sign
- Signage
- Signalized Intersection
NEARBY MAJOR RETAILERS
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Louisiana Plaza | 7200 Montgomery Blvd NE
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