Bubba's 33 (the “Property”) is a freestanding, single-tenant restaurant building located along Coors Boulevard Bypass NW in Albuquerque, New Mexico. Positioned directly adjacent to Cottonwood Mall and within one of the city’s most active retail corridors, the Property benefits from excellent visibility, strong traffic counts, and connectivity to the broader Northwest Albuquerque trade area. Built on a 1.03-acre parcel, the site offers ample parking, easy ingress and egress, and proximity to a dense mix of national retailers, entertainment venues, and residential communities.
The 7,575-square-foot building is 100% leased to Roadhouse Enterprises, Inc., doing business as Bubba’s 33, under a newly executed absolute-net ground lease with an initial 15-year term. The lease commences October 1, 2025, and features 10% contractual rent increases every five (5) years, along with three (3) additional five-year renewal options - each also including 10% rent escalations. This structure provides investors with stable, long-term cash flow and predictable income growth.