Freestanding Restaurant - Cottonwood

Retail-Commercial for Lease
Catylist Listing ID: 30717283
Property Subtypes: Free-Standing Building, Restaurant, Retail-Pad, Street Retail
Contiguous Space: 4,195 SF
Building Size (RSF): 4,195 SF
Gross Land Area: 1.20 Acres
Lease Rate: $45 PSF (Annual)
Base Monthly Rent: $15,731
Lease Types: Absolute NNN
Building Name: Former IHOP in Cottonwood
Usable Size (USF): 4,195 SF
Last Updated: 7/30/2021

Overview / Comments

Free standing restaurant building at the corner of Cottonwood Drive and NM 528 (Alameda).
Signalized intersection
Ample parking - 49 spaces
Monument signage
Excellent exposure to passerbys

Expand All Available Space

Suite: 1 4,195 SF $45 PSF (Annual) Absolute NNN
Level/Floor: 1
Space Available: 4,195 SF
Lease Rate: $45 PSF (Annual)
$15,731 (Monthly)
Lease Type: Absolute NNN
Space Subcategory: Free-Standing Store
Date Available: 3/20/2021
Lease Term: 120 Months
Space Type: Relet
Rent Escalators Step-Up Lease
Rent Escalators Description 10% every 5 years

Additional Details

Nearest MSA: Albuquerque
County: Bernalillo
Submarket/Township: Cottonwood
Taxing Authority: Bernalillo County
Tax ID/APN: 101406605126630207
Zoning: NR-BP - Non-residential: Business Park
Retail Clientele: General, Family, Business
Property Visibility: Excellent
Largest Nearby Street: NM 528

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 11,330 82,090 184,714
Median Age: 35.03 40.07 38.16
Households: 4,838 32,750 72,586
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