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New retail development for the North Valley sub-market of Albuquerque. This site offers an exciting combination of powerful location fundamentals for your business.
Excellent exposure (advertising) to 62,500vpd along Paseo del Norte; Positioned in the heart of ABQ's North Valley sub-market which means 49,300 residents. Average Household income of $75,600 per year! Many recognize this population as "underserved" the residents travel east of I-25 or west of the Rio Grande for food, entertainment, services and more.
Unique additional benefit is the jogging and cycling paths north and east of this site. Additional retail and restaurant customers along these paths for your business.
Developer will incorporate "green" construction elements including solar energy to power the lease spaces. - Number of buildings: 3 - Building condition: Excellent - Tenancy: Multiple Tenants
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Most listings are in the $20's per square foot per year. The Alamedan Valley submarket is going through a decline in rates. In the last 3 months, the median rate decreased $3 per sqft per year. That's a 12% decline in rent.
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