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Restaurant and Bar Space with Basement
For Lease
$8,000/Mo

36 Highway 150, El Prado, NM 87529

Available corner suite in a newly constructed restaurant and bar property with a full basement and deck.

Space Size3,200 SF
Days on Market1016

Property Features for 36 Highway 150

General Information

Standard status Active
Size 3,200 SF
Net Rentable 3,200 SF

Space & Availability

Available Space 3,200 SF
Contiguous Space 3,200 SF
Space Use Retail

Additional Details

Corner Location Yes
Listing Agency: Berkshire Hathaway HomeServices Taos Real Estate
Listed By: Debbie Friday Jagers · License #53208
Source: Exprealty
Added: Oct 24, 2023 Changed: Jul 31 Last Checked: Jul 31 at 12:32PM

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 Berkshire Hathaway HomeServices Taos Real Estate

Investment Insights

Based on property information with market context.

This newly constructed restaurant and bar property includes both leased concepts and one remaining large retail space. A restaurant/bar with a deck and a cafe drive-thru are both leased, leaving one large retail space available.

The available suite is located on the northwest corner and includes approximately 3,200 SF upstairs with a full basement downstairs. The property supports multiple uses within its restaurant and bar environment.

For operators looking for a substantial ground-floor footprint plus basement space in a new build, this corner suite offers a straightforward layout to accommodate dining and back-of-house needs while keeping an established presence on-site with the already-leased restaurant and cafe drive-thru.

Key Highlights

  • Northwest corner suite with approximately 3,200 SF upstairs
  • Full basement included with the available suite
  • New construction restaurant and bar property

Property Analytics

Current Use

Bars & Pubs

Suggested Use

Top Pick Bed & Breakfast Hotel & Motel

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

NNN (Triple Net)
Lease Type
$4.50 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

Well-served
Demand for This Use

Demographics for 87529, NM

4,846
Population
2,892
Households
1.7
Avg Household Size
51
Median Age
39%
College-Educated
96%
High-School Grad
64.9 sq mi
ZIP Area
75
Density / Sq Mi
$68,370
Median Household Income
$22,524
Median Earnings
$1,444
Median Rent
$393,600
Median Home Value

Market

Vacancy Rate% for Retail in West region

7% 2020
6.3% 2021
5.5% 2022
5.3% 2023
5.5% 2024
5.8% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Bar & Pub - Available corner suite in a newly constructed restaurant and bar property with a full basement and deck.
Where is this bar & pub located?
The property is located at 36 Highway 150 El Prado, NM.
What is the lease rate?
The lease rate is $8,000 /Mo.
What are key features of this property?
This property features: Northwest corner suite with approximately 3,200 SF upstairs; Full basement included with the available suite; New construction restaurant and bar property
More about this property
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