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College Plaza 2820 Central Ave SE
2,240 SF of Retail Space Available in Albuquerque, NM 87106
Highlights
- Prime retail center located Adjacent to The University of New Mexico (24,000 students and 4,210 employees)
- Great mix of local retailers (Walgreens, Starbucks, Jersey Mikes, Chipolte, Panda Express, Subway, and many more)
- Near Central New Mexico Community College (CNM)
- Signalized hard corner
- Dedicated parking lot (60 spaces)
- Adjacent to Albuquerque’s entertainment district, Nob Hill
Space Availability (1)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor | 2,240 SF | Negotiable | Upon Request Upon Request Upon Request Upon Request Upon Request Upon Request | TBD |
1st Floor
2nd Gen Restaurant available for lease. Contact broker for details.
- Fully Built-Out as a Restaurant or Café Space
- Located in-line with other retail
- Shopping Center remodeled completely in 2024
- Located on Hard Corner
- Dedicated and abundant parking
- Entrance to Nob Hill submarket
- Existing Restaurant Infrastructure
- Monument Signage
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 2820 Central Ave SE , Albuquerque, NM 87106
| Property Type | Retail | Year Built | 2008 |
| Gross Leasable Area | 16,435 SF | Parking Ratio | 2.68/1,000 SF |
| Total Land Area | 0.96 AC |
| Property Type | Retail |
| Gross Leasable Area | 16,435 SF |
| Total Land Area | 0.96 AC |
| Year Built | 2008 |
| Parking Ratio | 2.68/1,000 SF |
About the Property
PROPERTY OVERVIEW College Plaza located on the Hard Corner of Central and Girard is under new ownership and has gone through a complete renovation as of 2024. This is a great opportunity to lease a 2,200 SF retail space in a bustling, recently remodeled retail center. Located on a prominent hard corner, this center boasts high visibility and excellent vehicular and foot traffic, making it the perfect location for either local or national retail/restaurant users alike. This center is one of few that has dedicated parking for tenants and employees at the center and is within 200' of an ART Bus station. Renovations included an entirely new face along with brand new TPO roofs. LOCATION OVERVIEW This recently renovated center is located along Central Ave (Rt 66) across from the University of New Mexico and at the entrance to Albuquerque's Nob Hill submarket. Both of these submarkets are known for their high density of rooftops as well as high daytime population. The center is 5 minutes to the nearest interstate exits and major regional hospitals, as well as 7 minutes from the Albuquerque Sunport.
- Pylon Sign
- Signalized Intersection
Nearby Major Retailers
Presented by
College Plaza | 2820 Central Ave SE
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