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781 W Highway 550 1,000 - 25,000 SF of Retail Space Available in Bernalillo, NM 87004
HIGHLIGHTS
- Hard Corner – Lit Intersection
- 50,600 VPD
- Rare Left-in on Highway 550
- Growing Trade Area
SPACE AVAILABILITY (4)
Display Rental Rate as
- SPACE
- SIZE
- TERM
- RENTAL RATE
- RENT TYPE
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor, Ste B | 1,000-2,500 SF | Negotiable | $40.48 CAD/SF/YR $3.37 CAD/SF/MO $101,204 CAD/YR $8,434 CAD/MO | Triple Net (NNN) | ||
| 1st Floor, Ste C | 1,000-2,500 SF | Negotiable | $40.48 CAD/SF/YR $3.37 CAD/SF/MO $101,204 CAD/YR $8,434 CAD/MO | Triple Net (NNN) | ||
| 1st Floor, Ste D | 2,400-10,000 SF | Negotiable | $40.48 CAD/SF/YR $3.37 CAD/SF/MO $404,817 CAD/YR $33,735 CAD/MO | Triple Net (NNN) | ||
| 1st Floor, Ste E | 2,400-10,000 SF | Negotiable | $40.48 CAD/SF/YR $3.37 CAD/SF/MO $404,817 CAD/YR $33,735 CAD/MO | Triple Net (NNN) |
1st Floor, Ste B
$29-$50/SQFT/YR Depending on Delivery Center pad site with excellent HWY 550 frontage. Drive Through Available HWY 550 Frontage 1,000 - 3,000 SF Build to Suit or Ground Lease Pricing depends on delivery condition. Please inquire for more information
- Lease rate does not include utilities, property expenses or building services
- Partially Built-Out as Standard Retail Space
- Located in-line with other retail
- Space is in Excellent Condition
- Breathtaking Views
- Drive Through Available
- HWY 550 Access
1st Floor, Ste C
$29-$50/SQFT/YR Pad Site C is located at the eastern entrance to the project with HWY 550 frontage. Zoning for drive through. High visibility pad. Build to Suit or Ground Lease. May be re-configured and/or combined with other pads to suit. Pricing depends on delivery condition. Please inquire for more information.
- Lease rate does not include utilities, property expenses or building services
- Located in-line with other retail
- Space is in Excellent Condition
1st Floor, Ste D
$29-$50/SQFT/YR Pad Site D located along the bluff overlooking the Rio Grande River withe views of the Sandia Mountains. This pad site is ideal for a brewery or restaurant looking to take advantage of incredible and un-paralleled views. Build to Suit or Ground Lease. May be re-configured and/or combined with other pads to suit.
- Lease rate does not include utilities, property expenses or building services
- Space is in Excellent Condition
1st Floor, Ste E
$29-$50/SQFT/YR Pad Site E is located at the western most entrance to the project on Sheriff's Posse Rd. Zoning for drive through. Ideal for a large format restaurant of bank. Build to Suit or Ground Lease. May be re-configured and/or combined with other pads to suit. Pricing depends on delivery configuration. Please inquire for more information.
- Lease rate does not include utilities, property expenses or building services
- Space is in Excellent Condition
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 | 25,000 SF | Gross Leasable Area | 25,200 SF |
| Min. Divisible | 1,000 SF | Year Built | 2027 |
| Property Type | Retail | Construction Status | Proposed |
| Property Subtype | Freestanding |
| Total Space Available | 25,000 SF |
| Min. Divisible | 1,000 SF |
| Property Type | Retail |
| Property Subtype | Freestanding |
| Gross Leasable Area | 25,200 SF |
| Year Built | 2027 |
| Construction Status | Proposed |
ABOUT THE PROPERTY
Absolute Investment Realty is proud to present this rare opportunity to be located at one of the Albuquerque MSA’s newest developments in one of its most desirable trade areas. This Project is situated at the hard corner, lit intersection of NM HWY 550 and Sheriff’s Posse Rd in Bernalillo, NM HWY 550 boasts nearly 50 000 vehicles per day and serves multiple communities within the Albuquerque MSA including Rio Rancho, Bernalillo, and Placitas. HWY 550 serves as the only crossing of the Rio Grande River crossing in nearly 10 miles making it a primary corridor connecting the west side of the Albuquerque MSA with I 25 the primary N S corridor that serves Albuquerque Santa Fe. Rio Rancho is Albuquerque’s largest suburb and New Mexico’s 3 rd largest city with an estimated population of 99,178 in 2019. The project features 2 access points on HWY 550 including full turn access Zoning allows for most retail and restaurant uses including fuel, restaurants with drive throughs, liquor sales Other benefits include monument signage, excellent visibility and unparalleled views. Don’t miss this opportunity to get in on the ground floor of what is destined to become one of one of Albuquerque’s most desirable developments.
- Signage
- Monument Signage
NEARBY MAJOR RETAILERS
Presented by
781 W Highway 550
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