SINGLE TENANT NET LEASED RESTAURANT

For Sale

 

Location Map
  • Brokers:
    Name
    Alfredo Barrenechea
    Email
    alfredo@go-absolute.net
    Phone
    505-401-0135
  • Address: 3550 Isleta Blvd SW, Albuquerque, NM 87105
  • Property Status: Active
  • Sale Pricing: $1 (NOI $96,296)
  • Property Information:
    Cap Rate
    8.07%
    Size
    +/- 0.7738 Acres
    Lease Type
    NNN
    Property Type
    Single Tenant Net Leased Restaurant
    Number of Spaces
    8
    Building Size
    +/- 2,464 SF
    Zoning
    SD-IVC
    Signage
    Pole and Building Signage
    Property Description:

    Absolute Investment Realty is pleased to present this rare opportunity to purchase an this NNN leased free-standing drive-thru restaurant located in the heart of Albuquerque, New Mexico’s dynamic South Valley neighborhood. The property was recently leased to the rapidly-growing Los Victors Mexican Food, which serves popular California-Style Mexican Food. Key Features Include: Brand-New 10-year NNN Lease 3.00% Annual Rent Escalations Corporate and Personal Guaranty Ideal Trade Area for Tenant’s Primary Demographic Free-Standing Drive Through Restaurant. Large Parcel with Excellent Access, Visibility, Signage and Traffic Counts.

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