For Lease
$26/SF/YR

5400 Central Ave Albuquerque, NM 87108

Albuquerque Retail Center: 16,000 SF Available

Property records and analytics

Overview

Added:
Dec 11, 2024
Days on market:
138
Trade Winds Shopping Center, a 19,254 square foot retail center in Albuquerque, New Mexico, presents a unique investment opportunity. Located at 5400 Central Ave SE, near the intersection of Central and San Mateo, this property boasts high visibility and is situated in the desirable SE Heights submarket. Built in 2016, the center sits on a 1.5-acre lot and offers ample parking with a 4.1 spaces per 1,000 square feet ratio. Currently, there are 16,000 square feet of vacant space available, divisible into units ranging from a minimum of 1,000 square feet to a maximum contiguous space of 4,400 square feet. The property is zoned MX-M, allowing for a variety of retail uses. Existing tenants include Torres Burria and Taco Shop, Radiate By McQuitty DMD, Fiesta Insurance, and El Farron Events, demonstrating the center's appeal to diverse businesses. This redevelopment of the former Trade Winds Motel offers below-market lease rates compared to similar properties in the area, making it an attractive option for both local and national retailers seeking a prime location in a thriving Albuquerque neighborhood. The property's iconic presence and high traffic location provide exceptional potential for future growth and profitability. This is an excellent opportunity to acquire a well-located retail center with significant upside potential in a rapidly developing area of Albuquerque, Bernalillo County.

Highlights

  • Strong tenant improvement (TI) allowance on leases exceeding five years.
  • Potential for outdoor patio space.
  • Exceptional parking ratio of 4.1 spaces per 1,000 square feet.
  • Located within 300 feet of the Austin Rapid Transit (ART) system.
  • Abundant power available for each suite.
  • Property situated in a "UC-MS-PT Overlay" zone.

Property Details for 5400 Central Ave

Property type
Lifestyle centers, Power centers
RSF (Rentable sq. ft)
19,254 SF
Year Built
2016

Unit(s) available at that property

Space
B Suite 101
Size
1,000 SF
Rate per SF
$26
Space
C Suite 105
Size
1,100 SF
Rate per SF
$26
Space
B Suite 104
Size
1,100 SF
Rate per SF
$26
Space
B Suite 103
Size
1,000 SF
Rate per SF
$26
Space
C Suite 104
Size
1,100 SF
Rate per SF
$26
Space
C Suite 103
Size
1,100 SF
Rate per SF
$26
Space
B Suite 102
Size
1,000 SF
Rate per SF
$26
Space
Suite-A 102
Size
1,000 SF
Rate per SF
$26

Location Insight

City
Albuquerque
County
Bernalillo
State
New Mexico
Latitude
35.0774085
Longitude
-106.5854321

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FAQs

What type of property is this?
Lifestyle center - Albuquerque Retail Center: 16,000 SF Available
Where is the lifestyle center located?
The property is located at 5400 Central Ave Albuquerque, NM.
What is the lease rate?
The lease rate is $26/SF/YR.
What are key features of this property?
This property features: Strong tenant improvement (TI) allowance on leases exceeding five years.; Potential for outdoor patio space.; Exceptional parking ratio of 4.1 spaces per 1,000 square feet.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
How do I access a private listing?
Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.
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Contacts

Daniel Kearney
Daniel Kearney
Remsa Troy
Remsa Troy
Visit Broker Website

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Useful Information

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Central Ave
Albuquerque, NM 87108

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Albuquerque, NM 87108

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Disclaimer

The property value estimates provided on this website are automated calculations based on publicly available data, user-submitted information, and proprietary algorithms. These estimates are not appraisals and should not be used as a substitute for a professional valuation by a licensed appraiser.

We do not guarantee the accuracy, reliability, or completeness of these estimates, as market conditions, property features, and other factors may affect actual property values. Users should conduct their own due diligence and consult with a real estate professional before making financial or investment decisions.

By using this service, you acknowledge and accept that all estimates are provided for informational purposes only and that this website assumes no liability for any reliance on the provided valuations.

5400 Central Ave
  • Daniel Kearney
    Daniel Kearney
  • Remsa Troy
    Remsa Troy
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