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.