Active For Sale InvestmentRetail

New NNN Investment Opportunity

3937 Coors Blvd NW, Albuquerque, NM, 87120

ID cef9ef78

Overview

TENANTLindo Mexico Mexican Cuisine Restaurant-3 Locations in New Mexico,-Started in 1995SALE PRICE$2,670,000CAP RATE5.25%RENT INCREASES10% Increases Every 5 YearsLEASE TERM10-Year Primary TermRENEWAL OPTIONS6 x 5-Year optionsBUILDING/LOT SIZE±8,000 SF Building Under Construction on ±1.02 AcresTRAFFIC COUNTS±49,900 cars per day on Coors Blvd.±8,300 cars per day on Saint Josephs Dr.

Additional Information

City
Albuquerque
State
NM
Zip Code
87120
Primary Uses
Investment, Retail
Zoning
NR-C
Zoning Description
Non Residential Commercial
Building Class
A
Tenant
Lindo Mexico Mexican Cuisine Restauraunt
NOI
$140,000