General Retail For Lease • 1,000+ SF
| Name | Space Use | Size | Rent | Details |
|---|---|---|---|---|
| 1st Floor Ste 103-143 | Retail | 1,000-10,500 SF | Rate Upon Request | |
Caracol Plaza is undergoing a transformative redevelopment at one of Albuquerque’s most visible intersections—Tramway and Montgomery in the Far Northeast Heights. This high-traffic retail center is being reimagined with a fresh façade, upgraded parking, improved signage, and white-boxed interiors tailored for new tenants. With flexible suite sizes ranging from ±1,000 to ±10,500 SF, the center accommodates a wide variety of retail and service uses, including restaurant-ready spaces with existing infrastructure. The property’s MX-M zoning supports a broad mix of commercial uses, and the ownership is committed to delivering spaces with new HVAC, exposed ceilings, stubbed utilities, and concrete floors—ready for tenant customization. Located in a dense residential area with strong household incomes averaging over $117,000 within a 3-mile radius, Caracol Plaza offers unmatched visibility and accessibility. Multiple ingress/egress points and a large surface parking lot enhance customer convenience. Current tenants include a bar, salon, fitness center, nail salon, wellness spa, and a voting center, creating a steady stream of foot traffic. With over 40,000 vehicles passing daily and proximity to affluent neighborhoods, Caracol Plaza is positioned to become a vibrant retail destination for both local entrepreneurs and national brands.
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Welcome to Caracol Plaza, Albuquerque’s Most Anticipated Redevelopment Project. The time has come for a new vision for this Far NE Heights property that has so much potential for new retail offerings and a supportive community to make its transformation a success. New ownership has taken over and has big plans to rebrand the center, remodel the façade with new stucco and color palate, new parking lot, improve signage and is ready to white box the spaces for qualified tenants to allow for new retailers to pick the finishes and layouts with a blank slate. There are several suites with restaurant infrastructure to benefit from and several spaces can be combined for businesses needing a larger format than is currently offered. Qualified tenants can expect a white box delivery with a new HVAC unit, bare concrete floors, walls ready for tape/texture, exposed ceilings and utilities stubbed out to the back, ready for Tenant’s distribution. Come and be part of the new vision here at this high traffic corner of Tramway and Montgomery in the Far NE Heights. 12500 Montgomery Blvd NE offers flexible retail space options ranging from ±1,000 SF to ±10,500 SF with competitive lease rates and customizable layouts. The property features a large surface parking lot for customer convenience, prominent building and monument signage for maximum visibility, and multiple ingress/egress points for easy access. Positioned on a hard corner along Montgomery Blvd with exposure to over 40,000 vehicles per day, the center provides tenants with excellent visibility and a functional setting to support business growth.
| Hard-corner location with exposure to over 40,000 vehicles daily |
| Suites available from ±1,000 SF up to ±10,000 SF, suitable for a wide variety of retail and service uses |
| Excellent visibility along Montgomery Blvd NE, one of Albuquerque’s busiest corridors |
| Convenient on-site parking to accommodate both customers and employees |
| Dense residential neighborhoods nearby with strong average household incomes |
| Multiple ingress/egress points make it convenient for shoppers coming from surrounding areas |
| Tenant | SF Occupied | Lease End Date |
|---|---|---|
| Howies Sports Page | ||
| Jazzercise | 4/30/2017 | |
| Salon 21 | ||
| Solarius |
| Commuter Rail | Drive | Walk | Distance |
|---|---|---|---|
| 18 min | - | 7.9 mi | |
| Airport | Drive | Walk | Distance |
| Albuquerque International Sunport | 28 min | - | 12.5 mi |
| Parking Available: | Yes |
| Reserved: | No |
| Spaces Provided: | 177 |
| Type: | Surface |
| Included in Rent: | Yes |