1139 Grand Ave - Fast Food FOR SALE


Las Vegas, NM 87701
$700,000 USD
559-705-1000
1139 Grand Ave, Las Vegas, NM for Sale
$700,000 USD
Fast Food - FOR SALE
1/22
null | Request Cap Rate

1139 Grand Ave
Las Vegas, NM 87701


HIGHLIGHTS

  • Former KFC Restaurant w/ Drive Thru in Las Vegas, NM
  • Within Walking Distance to Schools, Hotels & Local Businesses
  • Upside in Leasing Potential or Owner/User Occupancy
  • Private Lit Parking Lot + Street Parking | Great Visibility
  • Superior Location w/ Limited Competition | Strategic Trade Area
  • Prime Commercial Lot w/ Flexible Zoning

OVERVIEW

Property Description The building was formerly used as a KFC and features a drive-thru along with an existing kitchen hood, ample kitchen space, large open areas, (2) private restrooms, and a functional floorplan perfect for any drive-thru restaurant franchise. This property offers excellent visibility and convenient access, with ample private parking, excellent existing signage, & direct access to Interstate 25 making it an ideal place to stop for both travelers & local residents. Location Description Located along Las Vegas, New Mexico's primary commercial corridor, surrounded by various small businesses, restaurants, and service oriented storefronts. Nearby quality tenants include Burger King, Piccadilly Circus Pizza, Olivia's Cafe, Hillcrest Restaurant, Dairy Queen, The Skillet, Wendy's, Starbucks, McDonald's, Gene Torres Golf Course, Alta Vista Regional Hospital, Walmart Supercenter, New Mexico Highlands University, among many others. The property right off of busy Interstate 25 that offers easy access to state roads 104 & 518. Las Vegas is a city in the state of New Mexico in the United States. It is the county seat of San Miguel County. Las Vegas was once two separate municipalities, one named West Las Vegas ("Old Town") and one named East Las Vegas ("New Town"). They were separated by the Gallinas River and still retain distinct characters and separate school districts.

FOR SALE DETAILS

PRICE

$700,000 USD

PRICE/SF

$311 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Fast Food

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1988

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.27 AC

LAND SF

11,798 SF

ZONING

Commercial

APN/PARCEL ID

65420

ASK ABOUT THIS PROPERTY

Jared EnnisCentral CA CommercialMore Info
559-705-1000

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Jared EnnisCentral CA CommercialMore Info
559-705-1000

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.