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10009 Coors Blvd NW
Albuquerque, NM 87114

$5,000,000 USD

Restaurant For Sale  •  6,157 SF

Property Details

  • Property Type Restaurant
  • Total Building Size 6,157 SF
  • Lot Size 1.51 AC
  • Building Class B
  • Year Built 2001
  • Cap Rate 6.00 %
  • Tenancy Single
  • Zoning SU-1
25 Transit Score
54 Walk Score

Highlights

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 %

Major Tenants

Tenant SF Occupied Lease End Date
Red Robin 6,157 SF 5/31/2032

Amenities

  • Pylon Sign
  • Signage
  • Signalized Intersection

Public Transportation

Commuter RailDriveWalkDistance
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
AirportDriveWalkDistance
Albuquerque International Sunport 39 min - 18.8 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 75
Type: Surface
Included in Rent: Yes
Jordan Mulloy 512-768-0380 Sands Investment Group Austin, LLC
Jordan Mulloy 512-768-0380 Sands Investment Group Austin, LLC