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3619 NW County Rd
Hobbs, NM 88240

$1,733,000 USD

Fast Food For Sale  •  3,622 SF

Property Details

  • Property Type Fast Food
  • Total Building Size 3,622 SF
  • Lot Size 1.45 AC
  • Year Built 2018
  • Cap Rate 8.00 %
  • Tenancy Single
  • Zoning C
0 Transit Score
29 Walk Score

Highlights

LONG-TERM | ATTRACTIVE RENTAL ESCALATIONS: Over 8 years remaining on initial 15-year NN lease with attractive 10% rental escalations every 5 years
GUARANTOR: Guaranteed by Best Choice Restaurants - 63-unit McAlister’s Deli operator & a subsidiary of Sun Holdings, Inc
PARENT COMPANY: Sun Holdings, Inc. is the 3rd largest franchisee company in the U.S. operating over 1,500 restaurants
DENSE RETAIL CORRIDOR | TRAFFIC COUNTS: Positioned in a dominant retail corridor on a large ±1.45-acre parcel on a signalized/ hard corner
HOBBS #1 OIL PRODUCING COUNTY IN THE U.S.: Hobbs is one of the most livable and most central places in the Permian Basin
VERY AFFLUENT 2024 DEMOGRAPHICS: 2023 DEMOGRAPHICS: Total Population (5-MI): 47,422 | Average Household Income (1-MI): $180,889
Cap Rate: 8.00 %

Amenities

  • Restaurant
  • Signage
  • Air Conditioning
Kendall Carlsen 480-718-5555 Commercial Investment Advisors, INC
Kendall Carlsen 480-718-5555 Commercial Investment Advisors, INC