Old Town Drive-Thru Pad Site

Vacant Land for Lease
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'

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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

Photograph of Listing Agent

Austin Tidwell

RESOLUT RE CARNM CIE Member
Photograph of Listing Agent

Daniel Kearney

RESOLUT RE CARNM CIE Member
Photograph of Listing Agent

Robert Powell, CCIM

RESOLUT RE CARNM CIE Member
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