Industrial Zone Land for Lease

Vacant Land for Lease
Catylist Listing ID: 29836440
Property Subtypes: Industrial, Retail, Retail-Pad, Self Storage, Other
Gross Land Area: 9.11 Acres
Lease Rate: $3,500 (Monthly)
$0.11 PSF (Annual)
Lease Types: NNN
In Opportunity Zone? Yes
Land Splits Available: Yes
Last Updated: 7/22/2019

Overview / Comments

Absolute Investment Realty has been selected to exclusively represent the owner in the sale of 9521 -9525 Central Ave. NW. The property is located at the gateway of the underserved South West Mesa population. Positioned on the major arterial to the signalized intersection of Central Ave. and 98th trade area, which includes a centrally located multi-tenant shopping center in one of the fastest growing areas in Albuquerque. Current area tenants include, McDonald’s, Auto Zone, Mesquite Market, Valero, a Microtel by Wyndham, and Rout 66 Self Storage. Building ±3,200 SF with drive in bay door, drainage and ±16Ft high ceilings. Previously used as a maintenance shop for Industrial Harvester. Strong fast food and convenience store location with utilities to the site and a signalized intersection. The area is part of the West Route 66 Sector Development Plan. SU-PDA Planned Development Area (City of Albuquerque). Current zoning – NR-BP(Non Residential Business Park) formerly zoned SU-2 IP.

Additional Details

Nearest MSA: Albuquerque
County: Bernalillo
Submarket/Township: West Mesa
Tax ID/APN: ABQ155096
Zoning: NR-BP - Non-residential: Business Park
Side of Street: North
Road Type: Paved, Gravel, Other
Property Visibility: Excellent
Largest Nearby Street: 98th Street
Feet of Frontage: 200
Transportation: Bus, Taxi
Site Description: Includes 3,200 SF building with two drive-in doors, 16' ceiling and one acre fenced yard.
Area Description: The property is located at 98th Street & Central Ave., one of the primary intersections of Albuquerque’s growing South West Mesa trade area. Being located on Central Avenue and just south of I40, the Property is easily accessible to all areas of the city. The South West Mesa trade area of Albuquerque is in the path of growth and is home to a large residential population, growing number of retailers and restaurants and a multitude of industrial businesses. The property’s location, ease of access and proximity to major arterials makes it the ideal site for any number of industrial uses.
Easements: Other
Available Utilities: Electric, Water, Gas, Sewer
Water Service: Municipal

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 11,483 104,850 176,191
Median Age: 27.14 29.86 32.68
Households: 3,526 33,757 62,065

Contact

Photograph of Listing Agent

Alfredo Barrenechea

Absolute Investment Realty CARNM CIE Member
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