For Lease
$50/SF/YR

404 Romero St Albuquerque, NM 87104

Iconic Restaurant, 3200 sq ft, prime location.

Property Records

Overview

Added:
Dec 11, 2024
Days on market:
138
This exceptional 3,200 square foot restaurant space presents a unique opportunity in the heart of the historic Old Town district. Situated in a destination-oriented setting with strong retail synergy and high tourism, this location offers a rare chance for a seasoned restaurant operator to establish a thriving business. The property boasts a flexible layout, adaptable to various culinary concepts. Two conceptual plans are available: Plan A features 1,691 square feet of indoor space and 1,523 square feet of outdoor seating (not included in the lease rate), while Plan B offers 2,320 square feet of indoor space and 880 square feet of outdoor seating (also not included in the lease rate). The property's indoor and outdoor settings create a unique dining experience that captures the vibrant atmosphere of Old Town. The lease rate is in the upper $40s per square foot, NNN, with a generous tenant improvement allowance. The landlord is open to exploring alternative lease structures for qualified tenants. This is a truly exceptional opportunity to capitalize on the limited number of eateries in this premier tourist destination. The property is currently vacant and ready for immediate occupancy.

Highlights

  • Iconic Old Town restaurant space available for lease.
  • High-traffic location with strong retail synergy and tourism.
  • Excellent opportunity for an experienced restaurant operator in a prime tourist destination with limited competition.
  • Flexible layout adaptable to various cuisines.
  • Indoor and outdoor dining options create a unique Old Town experience.
  • Two conceptual plans available: Plan A (1,691 SF indoor, 1,523 SF outdoor) and Plan B (2,320 SF indoor, 880 SF outdoor); outdoor space not included in lease rate.

Property Details for 404 Romero St

Property type
Restaurants
RSF (Rentable sq. ft)
3,200 SF

Unit(s) available at that property

Space
Size
3,200 SF
Rate per SF
$50

Location Insight

City
Albuquerque
County
Bernalillo
State
New Mexico
Latitude
35.097371719662
Longitude
-106.67034674922

FAQs

What type of property is this?
Restaurant - Iconic Restaurant, 3200 sq ft, prime location.
Where is the restaurant located?
The property is located at 404 Romero St Albuquerque, NM.
What is the lease rate?
The lease rate is $50/SF/YR.
What are key features of this property?
This property features: Iconic Old Town restaurant space available for lease.; High-traffic location with strong retail synergy and tourism.; Excellent opportunity for an experienced restaurant operator in a prime tourist destination with limited competition.
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.
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404 Romero St
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