Restaurant For Sale • 6,157 SF
| 7+ Years Remaining on an Absolute Triple Net (NNN) Lease With Zero Landlord Responsibilities | Proven 24+ Year Occupancy History |
| 10% Rent Increases Every 5 Years, Providing a Healthy Hedge Against Inflation (Next Increase - June 2026) |
| Corporately Guaranteed By Red Robin Gourmet Burgers and Brews (NASDAQ: RRGB). Red Robin Has Over 500 Locations in the United States |
| Strong and Growing Demographics: Population of Over 191,301 People and Average Household Income of Over $108,454 Within a 5-Mile Radius |
| Strategically Placed as an Outparcel of Cottonwood Mall, the Second Largest Mall in New Mexico, With 1,041,680 SQFT of Leasable Area |
| Located Directly Off of Coors Blvd NW, Which Sees Over 72,000 Vehicles Per Day |
| Cap Rate: | 6.00 % |
| Tenant | SF Occupied | Lease End Date |
|---|---|---|
| Red Robin | 6,157 SF | 5/31/2032 |
| Commuter Rail | Drive | Walk | Distance |
|---|---|---|---|
| Los Ranchos-Journal Center (NMRX - Rio Metro Regional Transit District, Rail Runner Express - Rio Metro Regional Transit District) | 10 min | - | 4.8 mi |
| Sandia Pueblo Rail Runner Station (NMRX - Rio Metro Regional Transit District) | 11 min | - | 5.2 mi |
| Airport | Drive | Walk | Distance |
| Albuquerque International Sunport | 39 min | - | 18.8 mi |
| Parking Available: | Yes |
| Reserved: | No |
| Spaces Provided: | 75 |
| Type: | Surface |
| Included in Rent: | Yes |