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Bermudez Plaza 333 Montano Rd NW
1,570 SF of Retail Space Available in Albuquerque, NM 87107
Highlights
- Join Oak Street Health, Gen X Clothing, Fiesta Auto Insurance and Little Caesars
- High traffic North Valley location at the hard corner of Montan~o & 4th St
- Attractive submarket with new construction Burger King and remodeled Dunkin Donuts/Baskin Robbins at adjacent corner
- Suite D (Driving School) available January 2025
- Recent property improvements including exterior paint, façade enhancements and new monument sign
Space Availability (1)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor | 1,570 SF | Negotiable | Upon Request Upon Request Upon Request Upon Request Upon Request Upon Request | TBD |
1st Floor
Join Oak Street Health, Gen X Clothing, Fiesta Auto Insurance and Little Caesars at the hard corner of Montaño & 4th St. Contact broker for details.
- Fully Built-Out as Standard Retail Space
- Located in-line with other retail
- Suite D (Driving School) available January 2025
- High traffic North Valley location
- Recent property improvements
- Attractive submarket with new construction
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 333 Montano Rd NW , Albuquerque, NM 87107
| Property Type | Retail | Year Built | 1998 |
| Property Subtype | Freestanding | Parking Ratio | 2.33/1,000 SF |
| Gross Leasable Area | 22,768 SF | Cross Streets | 4th St. & Montano Rd., NW |
| Total Land Area | 1.62 AC |
| Property Type | Retail |
| Property Subtype | Freestanding |
| Gross Leasable Area | 22,768 SF |
| Total Land Area | 1.62 AC |
| Year Built | 1998 |
| Parking Ratio | 2.33/1,000 SF |
| Cross Streets | 4th St. & Montano Rd., NW |
About the Property
Bermudez Plaza is an iconic piece of real estate for the North Valley submarket. It sits at the northeast corner of this highly trafficked intersection and is easily identifiable with its new blue trim and fully renovated facade. The property features an oversized monument sign with room for all tenants and is pushed up to the street for maximum visibility while retaining parking ease for retail customers. The property is under new ownership and has welcomed new and notable leases with tenants Gen X Clothing and Fiesta Auto Insurance.
- Pylon Sign
- Signage
Nearby Major Retailers
Presented by
Bermudez Plaza | 333 Montano Rd NW
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