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Bernalillo Restaurant & Drive-Thru Pad 980 Highway 550 5,026 SF of Retail Space Available in Bernalillo, NM 87004
HIGHLIGHTS
- 770 SF pad ideal for quick-service restaurants, coffee concepts, or specialty retail
- Designed for drive-thru efficiency with convenient site circulation and access
- Suitable for single-tenant user seeking a modern, small format footprint
- Build-to-suit or ground lease structure for maximum tenant flexibility
- High-traffic location with excellent street exposure and signage opportunities
- Perfect for brands expanding with limited square footage but high daily turnover
SPACE AVAILABILITY (1)
Display Rental Rate as
- SPACE
- SIZE
- TERM
- RENTAL RATE
- RENT TYPE
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor | 5,026 SF | Negotiable | $38.00 /SF/YR $3.17 /SF/MO $190,988 /YR $15,916 /MO | Triple Net (NNN) |
1st Floor
980 US Highway 550 presents a rare opportunity to lease a second generation restaurant space along one of the busiest commercial corridors in all of New Mexico. Located in the heart of Bernalillo’s retail hub, the property benefits from exceptional frontage on Highway 550, which sees over 90,000 vehicles per day, offering unmatched exposure to both local and regional traffic. This highly visible site is strategically positioned at the gateway to Rio Rancho and Santa Ana Pueblo, adjacent to national brands such as Starbucks, Walgreens, and McDonald’s. The existing infrastructure, including restaurant fixtures, grease trap, and drive-thru capabilities, allows for a rapid turnaround and reduced build-out costs for food service operators or other retail users. With strong surrounding demographics, high traffic volumes, and flexible commercial zoning, this location is ideally suited for QSR, fast casual, or any high-traffic retail use seeking to capitalize on regional draw and immediate access to I-25. This opportunity includes Prime opportunity to secure a 770 square foot drive-thru restaurant or retail pad, available as a build-to-suit or ground lease. This flexible site offers an excellent chance for national or local operators to establish a high-visibility location tailored to their specific design and operational needs.
- Lease rate does not include utilities, property expenses or building services
- Partially Built-Out as a Restaurant or Café Space
- Space is an outparcel at this property
- Space is in Excellent Condition
- Second-generation restaurant space
- High traffic counts
- Direct access to I-25
- Located in a dense retail corridor
- Zoned for commercial use
- Ample parking and dual-access entry points
Rent Types
The rent amount and type that the tenant (lessee) will be responsible to pay to the landlord (lessor) throughout the lease term is negotiated prior to both parties signing a lease agreement. The rent type will vary depending upon the services provided. For example, triple net rents are typically lower than full service rents due to additional expenses the tenant is required to pay in addition to the base rent. Contact the listing broker for a full understanding of any associated costs or additional expenses for each rent type.
1. Full Service: A rental rate that includes normal building standard services as provided by the landlord within a base year rental.
2. Double Net (NN): Tenant pays for only two of the building expenses; the landlord and tenant determine the specific expenses prior to signing the lease agreement.
3. Triple Net (NNN): A lease in which the tenant is responsible for all expenses associated with their proportional share of occupancy of the building.
4. Modified Gross: Modified Gross is a general type of lease rate where typically the tenant will be responsible for their proportional share of one or more of the expenses. The landlord will pay the remaining expenses. See the below list of common Modified Gross rental rate structures: 4. Plus All Utilities: A type of Modified Gross Lease where the tenant is responsible for their proportional share of utilities in addition to the rent. 4. Plus Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of cleaning in addition to the rent. 4. Plus Electric: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical cost in addition to the rent. 4. Plus Electric & Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical and cleaning cost in addition to the rent. 4. Plus Utilities and Char: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the utilities and cleaning cost in addition to the rent. 4. Industrial Gross: A type of Modified Gross lease where the tenant pays one or more of the expenses in addition to the rent. The landlord and tenant determine these prior to signing the lease agreement.
5. Tenant Electric: The landlord pays for all services and the tenant is responsible for their usage of lights and electrical outlets in the space they occupy.
6. Negotiable or Upon Request: Used when the leasing contact does not provide the rent or service type.
7. TBD: To be determined; used for buildings for which no rent or service type is known, commonly utilized when the buildings are not yet built.
PROPERTY FACTS
| Total Space Available | 5,026 SF | Gross Leasable Area | 5,026 SF |
| Property Type | Retail | Year Built | 2010 |
| Property Subtype | Restaurant | Parking Ratio | 8.36/1,000 SF |
| Total Space Available | 5,026 SF |
| Property Type | Retail |
| Property Subtype | Restaurant |
| Gross Leasable Area | 5,026 SF |
| Year Built | 2010 |
| Parking Ratio | 8.36/1,000 SF |
ABOUT THE PROPERTY
980 US Highway 550 presents a rare opportunity to lease a second-generation restaurant space along one of the busiest commercial corridors in all of New Mexico. Located in the heart of Bernalillo’s retail hub, the property benefits from exceptional frontage on Highway 550, which sees over 90,000 vehicles per day, offering unmatched exposure to both local and regional traffic. This highly visible site is strategically positioned at the gateway to Rio Rancho and Santa Ana Pueblo, adjacent to national brands such as Starbucks, Walgreens, and McDonald’s. The existing infrastructure, including restaurant build-out, grease trap, and drive-thru capabilities, allows for a rapid turnaround and reduced build-out costs for food service operators or other retail users. With strong surrounding demographics, high traffic volumes, and flexible commercial zoning, this location is ideally suited for QSR, fast casual, or any high-traffic retail use seeking to capitalize on regional draw and immediate access to I-25. This opportunity includes Prime opportunity to secure a 770 square foot drive-thru restaurant or retail pad, available as a build-to-suit or ground lease. This flexible site offers an excellent chance for national or local operators to establish a high-visibility location tailored to their specific design and operational needs.
- Bus Line
- Pylon Sign
- Signage
NEARBY MAJOR RETAILERS
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Bernalillo Restaurant & Drive-Thru Pad | 980 Highway 550
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