Ground-Level Retail
For Lease
Contact for pricing
3525 4th St NW, Albuquerque, NM 87107
Four ground-level retail suites are delivered in shell condition with a tenant improvement allowance.
Property Size2,468 SF
Days on Market849
Property Features for 3525 4th St NW
General Information
Standard status
Active
Size
2,468 SF
Property subtype
RETAIL
Lease Type
SF/yr
Space & Availability
Floor
Ground
Space Use
Retail
Amenities
patio
Building Details
Tenancy
Multi
Listing Agency:
RESOLUT RE
(505) 859-2975
Listed By:
Jeremy Salazar · License ##49789AB
(505) 859-2975
Source:
Moodyscre
Added: Apr 3, 2024
Changed: Jul 29
Last Checked: Jul 30 at 12:18PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of RESOLUT RE
Investment Insights
Based on property information with market context.
The property offers four ground-level retail suites, each finished to shell condition. A tenant improvement allowance is available to support fit-out needs, and patio space is also available for eligible tenants.
The retail component is part of a larger residential community that includes 61 apartment units, 21 townhomes, and four live/work units. Amenities at the site include a playground and a dog park. The property is adjacent to the Cerca retail development, with delivery anticipated in Q2 2024.
For tenants seeking a ground-level retail presence within a mixed-use setting, this configuration provides multiple suite options in a planned development environment, with flexibility supported by the stated tenant improvement allowance.
The retail component is part of a larger residential community that includes 61 apartment units, 21 townhomes, and four live/work units. Amenities at the site include a playground and a dog park. The property is adjacent to the Cerca retail development, with delivery anticipated in Q2 2024.
For tenants seeking a ground-level retail presence within a mixed-use setting, this configuration provides multiple suite options in a planned development environment, with flexibility supported by the stated tenant improvement allowance.
Key Highlights
- Four ground‑level retail suites delivered in shell condition
- Tenant improvement allowance provided for the retail suites
- Patio space available
Property Analytics
Current Use
Lease Details
Multi-tenant
Tenancy
NNN (Triple Net)
Lease Type
$3.90 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
579
Businesses Nearby
Explore this area
Business Placement
Demographics for 87107, NM
30,340
Population
13,441
Households
2.3
Avg Household Size
44
Median Age
39%
College-Educated
92%
High-School Grad
14.6 sq mi
ZIP Area
2,078
Density / Sq Mi
$59,663
Median Household Income
$36,392
Median Earnings
$901
Median Rent
$282,000
Median Home Value
Market
Lease Benchmarks for Albuquerque, NM
$28.12 /SF/Yr
Avg Asking Price
$8.85–$216 /SF/Yr
Price Range
12,809 SF
Avg Space Size
This space is priced 8% below the average of $28.12 /SF/Yr.
Vacancy Rate% for Office in West region
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Frequently Asked Questions
What type of property is this?
Retail space - Four ground-level retail suites are delivered in shell condition with a tenant improvement allowance.
Where is this retail space located?
The property is located at 3525 4th St NW Albuquerque, NM.
What is the lease rate?
The lease rate is $26 SF/Yr.
What are key features of this property?
This property features: Four ground‑level retail suites delivered in shell condition; Tenant improvement allowance provided for the retail suites; Patio space available