Albuquerque, a city with a rich history and diverse economy, is an ideal location for a Restaurant For Lease. With a population of around 560,000, Albuquerque offers a unique blend of Native American, Spanish, and Mexican cultures, making it an attractive destination for tourists and locals alike. The city's strategic location, nestled in the Albuquerque Basin, provides easy access to major transportation facilities, including the Albuquerque International Sunport and Double Eagle II Airport. Additionally, the city's infrastructure, including PNM Resources, New Mexico Gas Company, and Albuquerque Bernalillo County Water Utility Authority, ensures a reliable supply of essential services. The presence of major corporations like Intel, Facebook, and Northrop Grumman, as well as the University of New Mexico and Central New Mexico Community College, contributes to a thriving economy. The city's vibrant arts scene, featuring numerous cultural institutions and events, and its diverse entertainment options, including shopping centers, resort casinos, and sports facilities, make it an excellent location for a Restaurant For Lease.
With 19 Restaurants For Lease available in Albuquerque, entrepreneurs and investors have a wide range of options to choose from. The average annual rent per square foot is $24 USD, and the average size of available spaces is 1,897 square feet, with a maximum space size of 3,326 square feet. In addition to Restaurants, Albuquerque also offers a variety of other property types, including Retail Space, with its vibrant shopping centers like ABQ Uptown and Coronado; Commercial Real Estate, with its diverse range of office spaces and industrial facilities; and Flex Space, which provides flexible options for businesses. The city's unique blend of culture, economy, and entertainment options makes it an attractive location for businesses and individuals alike, and with the right Restaurant For Lease, entrepreneurs can capitalize on the city's growth and potential.
How are restaurant leases typically structured?
Restaurant leases in Albuquerque are typically structured as triple-net (NNN) leases, where the tenant is responsible for paying rent, property taxes, insurance, and maintenance costs, with average annual rent per square foot ranging from $24 USD and average space size of 1,897 square feet, with maximum space size available being 3,326 square feet.
With 19 available listings of restaurants for lease in Albuquerque, tenants have a variety of options to choose from, including locations in popular areas like Nob Hill, Uptown, and Old Town, with easy access to major transportation facilities like the Albuquerque International Sunport and Interstate 25.
What kitchen equipment is usually included in restaurant leases?
When searching for restaurants for lease in Albuquerque, you'll typically find that the kitchen equipment included varies from property to property. However, common items usually found in restaurant leases in Albuquerque include commercial-grade refrigerators, freezers, ovens, stoves, dishwashers, and sinks, which can help you get started on setting up your culinary venture in this city of around 560,000 people.
