Central Coffee Shop

Retail-Commercial for Lease
Also listed as Hospitality
Catylist Listing ID: 30717224
Property Subtypes: Restaurant
Contiguous Space: 840 SF
Building Size (RSF): 1 SF
Gross Building Area: See Agent
Gross Land Area: 0.85 Acres
Lease Rate: $20 PSF (Annual)
Base Monthly Rent: $1,400
Lease Types: NNN
Is Quick-Service Restaurant? Yes
Building Name: Millenium Flats
Usable Size (USF): 840 SF
Last Updated: 7/13/2021

Overview / Comments

Wonderful redevelopment offers a perfect space for a coffee shop or bakery on the morning side of traffic going east into downtown. There are 62 newly renovated apartments onsite and the property is close to the Downtown Grower's Market happening all summer long.

Expand All Available Space

Suite: A 840 SF $20 PSF (Annual) NNN
Level/Floor: Main
Space Available: 840 SF
Lease Rate: $20 PSF (Annual)
$1,400 (Monthly)
Lease Type: NNN
Space Description: New Millennium Flats Coffee Shop Space offers 840 SF inside plus an area for a sidewalk cafe. Located kitty corner from the Albuquerque Grower's Market every summer, this property is at the west entry to downtown on the morning side of traffic. I-40 access via 12th Street.
Space Subcategory: Mixed Use
Date Available: 5/21/2021
Space Type: New
Parking Spaces 8
Rent Escalators Other
Rent Concession TBD

Additional Details

Nearest MSA: Albuquerque
County: Bernalillo
Submarket/Township: Downtown
Taxing Authority: Bernalillo County
Tax ID/APN: 101305744751914412
Zoning: MX-M - Mixed-use: Moderate Intensity
Largest Nearby Street: Central Avenue
Feet of Frontage: 50
Traffic/Vehicle Count: 10,700
Highway Access: I-40 via 12th Street
Airports: Albuquerque International Sunport
Area Description: West downtown is the thoroughfare to Old Town and the westside via Central Ave., 12th Street and Rio Grande to I-40.
Tenancy: Single Tenant
Number of Stories: 1
Property Condition: Excellent
Year Renovated: 2021
Roof Type: Flat
Construction/Siding: Stucco
Total Parking Spaces: 8
Parking Type: Surface
Parking Description: Drive up parking for easy coffee pick up!
Internet Access: Fiber Optic
Zoning Description: MX-M
Lot Frontage: 50
Water Service: Municipal
Sewer Type: Municipal

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 16,549 117,746 299,617
Median Age: 37.18 34.61 34.48
Households: 7,432 48,072 119,651


Photograph of Listing Agent

Coralee Quintana, MBA

EXP Realty, LLC CARNM CIE Member
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