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10009 Coors Blvd NW
Albuquerque, NM 87114

$4,615,385 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 6.50 %
• Tenancy Single
• Zoning SU-1

20 Transit Score

50 Walk Score

Highlights

Lease Term: 6+ years remaining on an Absolute Triple Net (NNN) lease with zero landlord responsibilities and a proven 24+ year occupancy history.

Rent Increases: 10% rent increases every 5 years, providing a strong hedge against inflation (next increase: June 2026).

Tenant: Corporately guaranteed by Red Robin Gourmet Burgers and Brews (NASDAQ: RRGB), operating 500+ locations nationwide with $1.28B in 2023 revenue.

Demographics: Population exceeds 191,301 with an average household income of $108,454+ within a 5-mile radius.

Retail Positioning: Strategically located as an outparcel to Cottonwood Mall, the second-largest mall in New Mexico (1,041,680 SF).

Traffic Counts: Positioned directly off Coors Blvd NW with traffic counts exceeding 72,000 vehicles per day.

Cap Rate:

6.50 %

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 Rail	Drive	Walk	Distance
Los Ranchos/Journal Center Rail Runner Station (NMRX - Rio Metro Regional Transit District)	9 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 Details

Parking Available:	Yes
Reserved:	No
Spaces Provided:	75
Type:	Surface
Included in Rent:	Yes