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4204-4208 Lead Ave SE
Albuquerque, NM 87108

$1,167 - $2,333 USD/MO

Office For Lease • 1,000+ SF

Property Details

Property Type Office
Year Built 1980
Total Building Size 4,500 SF
Tenancy Multiple
Building Class C
Zoning MX-L

44 Transit Score

83 Walk Score

3 Spaces Available

Name	Space Use	Size	Rent
1st Floor Ste 4204	Office	1,500 SF	$14.00 USD/SF/YR
The site serves as a landmark gateway to one of Albuquerque’s most renowned and dynamic neighborhoods. As traffic continues to increase on the Lead/Coal thoroughfare, and demand for Multi-Family property remains extremely high in the Albuquerque MSA, and Nob Hill alike, this site is perfectly located and zoned for high density housing. There are currently 3 Buildings comprised of roughly 4,500 SF sitting on the entire site. The site is comprised of 5 independent plats, current owner is currently undergoing a replat to combine all sites, and city to vacate their existing alley/easement. Property will require some infrastructure improvements such as demolition and moving of existing gas line. Upon replat, this will be one of the largest pieces of available land to develop in the Nob Hill Submarket. Date available: Now Lease term: Negotiable Service type: Modified Gross Built out as: Professional Services Space Type: Relet In Contiguous block: 4,500 SF
1st Floor Ste 4206	Office	2,000 SF	$14.00 USD/SF/YR
The site serves as a landmark gateway to one of Albuquerque’s most renowned and dynamic neighborhoods. As traffic continues to increase on the Lead/Coal thoroughfare, and demand for Multi-Family property remains extremely high in the Albuquerque MSA, and Nob Hill alike, this site is perfectly located and zoned for high density housing. There are currently 3 Buildings comprised of roughly 4,500 SF sitting on the entire site. The site is comprised of 5 independent plats, current owner is currently undergoing a replat to combine all sites, and city to vacate their existing alley/easement. Property will require some infrastructure improvements such as demolition and moving of existing gas line. Upon replat, this will be one of the largest pieces of available land to develop in the Nob Hill Submarket. Date available: Now Lease term: Negotiable Service type: Modified Gross Built out as: Professional Services Space Type: Relet In Contiguous block: 4,500 SF
1st Floor Ste 4208	Office	1,000 SF	$14.00 USD/SF/YR
The site serves as a landmark gateway to one of Albuquerque’s most renowned and dynamic neighborhoods. As traffic continues to increase on the Lead/Coal thoroughfare, and demand for Multi-Family property remains extremely high in the Albuquerque MSA, and Nob Hill alike, this site is perfectly located and zoned for high density housing. There are currently 3 Buildings comprised of roughly 4,500 SF sitting on the entire site. The site is comprised of 5 independent plats, current owner is currently undergoing a replat to combine all sites, and city to vacate their existing alley/easement. Property will require some infrastructure improvements such as demolition and moving of existing gas line. Upon replat, this will be one of the largest pieces of available land to develop in the Nob Hill Submarket. Date available: Now Lease term: Negotiable Service type: Modified Gross Built out as: Professional Services Space Type: Relet In Contiguous block: 4,500 SF

Description

4204 Lead is located on the Eastern side of Nob Hill, on of Albuquerque’s most distinct Culture districts. The property is within walking distance to the diverse array of boutiques, art galleries, trendy cafes, and restaurants that define Nob Hill’s unique character. Located less than ¼ a mile away you will find Platinum Luxury Apartments & Broadstone Nob Hill, two large apartment communities that have exceeded market rental averages year over year.

                
                    Highlights
                
                                Largest available lot for development in Nob Hill 
                            
                                Existing buildings require tenant improvements, capital improvements (HVAC, electrical, roofing, etc.) but are in relatively good condition.
                            
                                Existing buildings can be leased at $14.00 PSF (Modified Gross). Improvements negotiable.
                            
                                Current Plan shows Potential for 20 Town Homes on site
                            
                                Zoning: MX-L
                            
                                Size: 0.41 Acres (Post Replat)

Property Flyers

RES Large Tract in Nob Hill (3)

Amenities

Air Conditioning

Public Transportation

Commuter Rail	Drive	Walk	Distance
Downtown Albuquerque (Rail Runner Express - New Mexico Rail Runner Express)	8 min	-	3.3 mi
Bernalillo County-International Sunport (Rail Runner Express - New Mexico Rail Runner Express)	15 min	-	7.5 mi
Airport	Drive	Walk	Distance
Albuquerque International Sunport	18 min	-	6.2 mi

Parking Details

Parking Available:	Yes
Reserved:	No
Spaces Provided:	8
Type:	Surface
Included in Rent:	Yes

Daniel Kearney 505-720-7089 RESOLUT RE

4204-4208 Lead Ave SE Albuquerque, NM 87108