Far NE Heights Restaurant Space

Retail-Commercial for Lease
Catylist Listing ID: 30676445
Property Subtypes: Restaurant, Street Retail
Contiguous Space: 3,414 SF
Gross Building Area: See Agent
Lease Rate: $24 PSF (Annual)
Base Monthly Rent: $6,828
Lease Types: NNN
Last Updated: 1/15/2021

Overview / Comments

PROPERTY OVERVIEW
9821 Montgomery is the HOTTEST restaurant property available in Albuquerque’s NE Heights. The property is highly prominent to the over 30,000 VPD on Montgomery Blvd. and is the endcap space fronting the street with left in/left out access. The property is restaurant ready with valuable restaurant infrastructure in place, saving both time and money for a new operator. This suite is “COVID ready” with patio space available on the South and West faces of the suite. Parking is abundant at over 8.3:1,000 parking spots available. This property is READY to make a new restaurant a great return in one of Albuquerque’s most exclusive markets!

LOCATION OVERVIEW
This property is located in the heart of Montgomery’s “restaurant row” to the NE
of Montgomery & Eubank. Within and immediate 1 mile, there are a number of
successful restaurants including; Marble Brewery, Whole Hog BBQ, Slice Parlor,
Pelicans, Dions, Savoy Bar & Grill, Scarpas, El Patron, Farina Alto, Flying Star, Il
Vicino, Grassburger, etc. All these restaurants have proven year over year that
there is success to be had in this area. The property has strong population
density of high income earners in the immediate 1 & 3 miles.

Expand All Available Space

Suite: A 3,414 SF $24 PSF (Annual) NNN
Space Available: 3,414 SF
Lease Rate: $24 PSF (Annual)
$6,828 (Monthly)
Lease Type: NNN
Date Available: 1/1/2021
Space Type: Relet
CAM Expenses $3.38 PSF (Annual)

Additional Details

Nearest MSA: Albuquerque
County: Bernalillo
Submarket/Township: Far Northeast
Tax ID/APN: 102106107201830152
Zoning: MX-L - Mixed-use: Low Intensity
Property Visibility: Excellent
Largest Nearby Street: Montgomery
Feet of Frontage: 180
Traffic/Vehicle Count: 35,000

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 23,046 159,688 307,442
Median Age: 41.78 42.37 39.43
Households: 10,837 72,748 135,955

Contact

Photograph of Listing Agent

Daniel Kearney

RESOLUT RE CARNM CIE Member
Photograph of Listing Agent

Robert Powell, CCIM

RESOLUT RE CARNM CIE Member
Photograph of Listing Agent

Austin Tidwell

RESOLUT RE CARNM CIE Member
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