Catylist ID:
#30798857
| Catylist Listing ID: | 30798857 |
| Property Subtypes: | Retail, Retail-Pad, Other |
| Gross Land Area: | 0.37 Acres |
| Lease Rate: |
$85,000 (Annual) $5.27 PSF (Annual) |
| Base Monthly Rent: | $7,083 |
| Lease Types: | Ground Lease |
| Last Updated: | 5/6/2022 |
Overview / Comments
|
PROPERTY OVERVIEW 2124 Central is a 2,000 square foot freestanding restaurant that is primed and ready for a redevelopment opportunity in Albuquerque historic Old Town. The property sits on approximately 0.37 acres, has curb cuts on three sides and features a large monument sign on Central Ave. This building is located just west of Rio Grande, making it available for drive-thru as it is outside of the Character Protection Overlay zone. The site is also accessible via ART (Albuquerque Rapid Transit) and is located between Champion Carwash and Filiberto’s. This pad opportunity is perfect for a new retail use and is available via sale or ground lease. LOCATION OVERVIEW West Downtown, Old Town and Sawmill all converge at this intersection of Central and Rio Grande, each bringing a unique style and development momentum that this site benefits from. Tourists come from all over the globe to stay in the boutique hotels nearby and shop within Old Town Plaza. Projects like Country Club Plaza, El Vado, Monterey Motel and Sawmill Market have helped to bring density, shopping, eateries and entertainment to an area that is so well deserving. This section of Central Ave connects commuters from UNN and Downtown to the West Mesa while Rio Grande Blvd is a short drive to I-40 and the North Valley. |
Attachments & Media
Additional Details
| Nearest MSA: | Albuquerque |
| County: | Bernalillo |
| Submarket/Township: | Downtown |
| Tax ID/APN: | 101305805527920208 |
| Zoning: | MX-M - Mixed-use: Moderate Intensity |
| Property Visibility: | Excellent |
| Feet of Frontage: | 120 |
| Traffic/Vehicle Count: | 34,927 |
| Lot Frontage: | 120' |
| Lot Depth: | 115' |
Demographic Statistics
| Proximity: | 1 mile | 3 miles | 5 miles |
|---|---|---|---|
| Total Population: | 9,925 | 118,700 | 279,594 |
| Median Age: | 37.82 | 34.83 | 33.88 |
| Households: | 4,941 | 46,787 | 107,759 |
Contact
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