Cinema Center – Turn-Key Restaurant on I-25 Corridor

Retail-Commercial for Lease
Catylist Listing ID: 30754241
Property Subtypes: Restaurant, Street Retail
Contiguous Space: 2,410 SF
Gross Building Area: See Agent
Lease Rate: $20 PSF (Annual)
Base Monthly Rent: $4,016
Lease Types: NNN
In Opportunity Zone? Yes
Last Updated: 9/1/2021

Overview / Comments

Absolute Investment Realty has been chosen as the exclusive leasing representative of the owner of the Cinema Center – a destination dining oriented shopping center located in the heart of the North I-25 Corridor in Albuquerque, NM. This trade area contains the highest concentration of office square footage in the state of NM and some of the highest traffic counts in the state.

The space available is a +/- 2,410 SF restaurant space with 1,680 SF of ground floor kitchen and 730 SF of 2nd floor storage & office. The space was formerly used as an Italian restaurant.

Area co-tenants include: Cinemark 24 screen theater, Pappadeux, Red Robin, Costco, Sam’s Club, Home Depot, Cheddars, Fudruckers, PF Chang’s, etc.

Expand All Available Space

Suite: A 2,410 SF $20 PSF (Annual) NNN
Space Available: 2,410 SF
Lease Rate: $20 PSF (Annual)
$4,016 (Monthly)
Lease Type: NNN
Date Available: 8/11/2021
Space Type: Relet

Additional Details

Nearest MSA: Albuquerque
County: Bernalillo
Submarket/Township: North I-25
Tax ID/APN: 101706112035520101
Retail Clientele: General, Family
Property Visibility: Excellent
Site Description: The property is located just off I-25 (163,600 VPD) near the Jefferson overpass and has signage visible from the freeway. The property is accessible from the frontage road, and Office Blvd and is adjacent to the city’s most popular shopping and dining destinations and the states largest movie theater.
Tenancy: Multiple Tenants
Number of Stories: 2
Property Condition: Good

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 13,299 113,291 319,173
Median Age: 32.21 38.93 38.7
Households: 5,830 51,297 139,839

Contact

Photograph of Listing Agent

Alfredo Barrenechea

Absolute Investment Realty CARNM CIE Member
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