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141 Osuna Rd NW
3,000 SF of Retail Space Available in Albuquerque, NM 87107
Highlights
- Endcap Space Available
- Abundent Natrual Light
- Left in Access
- 1,000-1,500 SF Patio potential
- High Visibility to Osuna
- Next to High Volume Restaurant (Burrito Express)
Space Availability (1)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor | 3,000 SF | Negotiable | $20.00 /SF/YR $1.67 /SF/MO $215.28 /m²/YR $17.94 /m²/MO $5,000 /MO $60,000 /YR | Triple Net (NNN) |
1st Floor
141 Osuna is a three tenant, retail center in the heart of the North Valley. This property is currently home to a high volume restaurant and high volume cannabis retailer. The available space is the endcap, with the prominent visibility to Osuna Rd. The owner intends to develop the western lot of the property in the future, but is currently available as overflow parking. The center has recently changed ownership, and ownership is actively renovating the property and shows pride of ownership.
- Lease rate does not include utilities, property expenses or building services
- Endcap Space Available
- 1,000-1,500 SF Patio potential
- Abundant Natural Light
- High Visibility to Osuna
- Near New construction (Multi-Family)
- Abundant Parking
Rent Types
The rent amount and type that the tenant (lessee) will be responsible to pay to the landlord (lessor) throughout the lease term is negotiated prior to both parties signing a lease agreement. The rent type will vary depending upon the services provided. For example, triple net rents are typically lower than full service rents due to additional expenses the tenant is required to pay in addition to the base rent. Contact the listing broker for a full understanding of any associated costs or additional expenses for each rent type.
1. Full Service: A rental rate that includes normal building standard services as provided by the landlord within a base year rental.
2. Double Net (NN): Tenant pays for only two of the building expenses; the landlord and tenant determine the specific expenses prior to signing the lease agreement.
3. Triple Net (NNN): A lease in which the tenant is responsible for all expenses associated with their proportional share of occupancy of the building.
4. Modified Gross: Modified Gross is a general type of lease rate where typically the tenant will be responsible for their proportional share of one or more of the expenses. The landlord will pay the remaining expenses. See the below list of common Modified Gross rental rate structures: 4. Plus All Utilities: A type of Modified Gross Lease where the tenant is responsible for their proportional share of utilities in addition to the rent. 4. Plus Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of cleaning in addition to the rent. 4. Plus Electric: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical cost in addition to the rent. 4. Plus Electric & Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical and cleaning cost in addition to the rent. 4. Plus Utilities and Char: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the utilities and cleaning cost in addition to the rent. 4. Industrial Gross: A type of Modified Gross lease where the tenant pays one or more of the expenses in addition to the rent. The landlord and tenant determine these prior to signing the lease agreement.
5. Tenant Electric: The landlord pays for all services and the tenant is responsible for their usage of lights and electrical outlets in the space they occupy.
6. Negotiable or Upon Request: Used when the leasing contact does not provide the rent or service type.
7. TBD: To be determined; used for buildings for which no rent or service type is known, commonly utilized when the buildings are not yet built.
PROPERTY FACTS FOR 141 Osuna Rd NW , Albuquerque, NM 87107
| Property Type | Retail | Year Built | 1977 |
| Property Subtype | Restaurant | Parking Ratio | 2.97/1,000 SF |
| Gross Leasable Area | 7,395 SF |
| Property Type | Retail |
| Property Subtype | Restaurant |
| Gross Leasable Area | 7,395 SF |
| Year Built | 1977 |
| Parking Ratio | 2.97/1,000 SF |
About the Property
The property is located near the SEC of Osuna and Wnd Street in the North Valley. This area is roughly a 5 minute drive time to the Osuna and I-25 interchange with easy accessibility to the entire city. The property is adjacent to Los Ranchos De Albuquerque with some of the highest income demographics in the Albuquerque MSA.
- Pylon Sign
Nearby Major Retailers
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141 Osuna Rd NW
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