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4920 Menaul Blvd NE
1,200 - 2,000 SF of Retail Space Available in Albuquerque, NM 87110
Highlights
- Pad Site Available for BTS or Ground Lease
- Max Interior SF +/- 2,000 SF
- Experienced Retail Developer
- Drive-Thru Available
- Exterior Patio Available
- Conceptual plans show a drive-thru with 1,200 SF of interior space and 600 SF of covered patio
Space Availability (1)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor | 1,200-2,000 SF | Negotiable | Upon Request Upon Request Upon Request Upon Request Upon Request Upon Request | Negotiable |
1st Floor
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 4920 Menaul Blvd NE , Albuquerque, NM 87110
| Min. Divisible | 1,200 SF | Gross Leasable Area | 2,000 SF |
| Property Type | Retail | Construction Status | Proposed |
| Property Subtype | Fast Food |
| Min. Divisible | 1,200 SF |
| Property Type | Retail |
| Property Subtype | Fast Food |
| Gross Leasable Area | 2,000 SF |
| Construction Status | Proposed |
About the Property
4920 Menaul has long been home to “Mor Furniture for Less.” The outparcel pad site fronting Menaul Blvd. is prime for development. This property is now under new ownership, and the landlord is a qualified retail developer looking to develop a 1,200-2,000 SF single lane drive-thru. The property features left-in/left out access and visibility to Menaul. The developer has hired a local architect and the conceptual designs are both eye-catching and seamlessly integrates with the urban landscape. The conceptual design could feature a roughly 600 SF covered patio, an absolutely must in the City of Albuquerque with over 300 sunny days. Other drive-thru concepts in the area are above average producing concepts within their respective chains.
Nearby Major Retailers
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4920 Menaul Blvd NE
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