Los Altos Plaza

Retail-Commercial for Lease
Also listed as Shopping Center
Catylist Listing ID: 30782251
Property Subtypes: Mixed Use, Street Retail, Other
Contiguous Space: 3,365 - 4,594 SF
Total Available: 7,959 SF
Gross Building Area: 48,104 SF
Gross Land Area: 2.51 Acres
Lease Rate: $15 - 17 PSF (Annual)
Base Monthly Rent: $4,767 - 5,742
Lease Types: NNN
Last Updated: 1/10/2022

Overview / Comments

Los Altos Plaza is a shopping center located in the NE Heights of Albuquerque with great leasing opportunities at affordable prices. Today there are two spaces available, each lending to a more niche user given the current market conditions. One space is 4,594 SF and is leftover space from Golf Mart next door. This space could be leased to a retailer or to an industrial user for a variety of concepts. The landlord is willing to installing a garage door to meet the needs of a warehouse tenant for this space. The second space is a former dental lab, which features valuable medical build-out or a nice concept office with incredible finishes. Both spaces will receive space on the monument sign on Wyoming for enhanced visibility.
This area within the NE Heights is being redeveloped in a big way, which directly impacts the Los Altos Plaza. Across the street, the former La Mirada Shopping Center has been torn down. The plans are to create more residential housing with individual retail pads to be developed along Wyoming and Montgomery. What that means to Los Altos Plaza is a significant lack of available property in the immediate area, along with new restaurant and retail services being added to this redeveloping area. The intersection of Wyoming and Montgomery boasts over 65,000 cars per day and is the 3rd highest trafficked intersection in the city.

Attachments & Media

Expand All 2 Spaces Available

Suite: A-9 4,594 SF $15 PSF (Annual) NNN
Suite: B-1 3,365 SF $17 PSF (Annual) NNN

Additional Details

Nearest MSA: Albuquerque
County: Bernalillo
Submarket/Township: Far Northeast
Tax ID/APN: 102006002944622119
Zoning: MX-M - Mixed-use: Moderate Intensity
Property Visibility: Good
Traffic/Vehicle Count: 31,560
Tenancy: Multiple Tenants
Total Number of Buildings: 3
Property Condition: Good
Year Built: 1986
Total Parking Spaces: 133
Parking Type: Surface

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 19,730 168,046 324,274
Median Age: 40.95 41.27 38.96
Households: 8,698 76,350 142,995


Photograph of Listing Agent

Austin Tidwell

Photograph of Listing Agent

Daniel Kearney

Photograph of Listing Agent

Robert Powell, CCIM

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