A new industrial flex-space project is gearing up for tenants this month at 7501 La Morada Place NW on Albuquerque's Westside, with move-in-ready spaces starting around 2,400 square feet.
The La Morada project offers smaller industrial units, as Albuquerque Business First reported.
What Tenants Get for the Money
Listing sheets from NAI SunVista set the lease rate at $16.50 per square foot plus $2.25 per square foot in NNN fees, which prices a standard 2,400-square-foot unit at $3,750 per month plus electricity. Spaces can also be combined for businesses that need more room than a single unit provides.
Each flex unit comes with 19-foot to 23-foot clear ceiling heights, a 14-by-14-foot overhead door, 200-amp three-phase power, and an extra 800 square feet of mezzanine space, per the same listing. Those specs are built for trade contractors, light manufacturers, and distribution users who need more than a basic storefront but don't require a 30,000-square-foot warehouse.
Small-Unit Industrial Space
The project offers smaller industrial units on the Westside, adding another flex-space option for businesses.
Commercial brokerage SVN has reported that prospective tenants plan their space needs 18 to 24 months in advance, a planning horizon that makes a move-in-ready unit an unusually fast option for a growing local business.
Part of a Broader Westside Build-Out
A LoopNet listing advertises space at Cactus Patch Plaza, adding another property to the area's industrial market.
That small-scale approach stands in sharp contrast to the Westside's other major industrial push. Titan Development broke ground on a 150,600-square-foot speculative Class A distribution facility at Westpointe40, near I-40 and 98th Street, after about 54,000 square feet had been pre-leased before construction even started, per Construction Reporter. The two projects illustrate the Westside's split personality right now — sprawling regional logistics boxes on one end, and small, flexible units built for local operators on the other.
