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). |
| 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 Coors Blvd NW, which sees over 72,000 vehicles per day. |
| Adjacent to the sixth-largest high school in the state, with 1,752 students. |
| Cap Rate: | 6.32 % |
| 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 |