Los Altos Plaza
Also listed as Shopping Center
|Catylist Listing ID:
Mixed Use, Street Retail, Other
||3,365 - 4,594 SF
|Gross Building Area:
|Gross Land Area:
$15 - 17 PSF (Annual)
|Base Monthly Rent:
||$4,767 - 5,742
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
||MX-M - Mixed-use: Moderate Intensity
|Total Number of Buildings:
|Total Parking Spaces:
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