2525 Prince st - Restaurant FOR SALE


Clovis, NM 88101
$1,000,000 USD
949-221-1803
2525 Prince st, Clovis, NM for Sale
$1,000,000 USD
Restaurant - FOR SALE
1/4
null | 6% Cap Rate

2525 Prince st
Clovis, NM 88101


HIGHLIGHTS

  • Brand New Construction, Dual Drive-Thru 7 Brew Coffee Property in New Mexico
  • 15 Year Initial Lease Term w/ 10% Rental Increases
  • Absolute NNN Ground Lease: ultimate ease of management for investor
  • Ultra-Low Rent $60K NOI: one of the lowest base rents for a 7 Brew Coffee property to be listed for sale historically
  • Rare Outparcel to 300,000 SF Regional Mall
  • Less than 1.0 mile from Clovis High School (2,800+ Students) / Trade Area Supported by 38,000+ Residents

OVERVIEW

Faris Lee Investments is pleased to present the opportunity to acquire a new, dual drive-thru 7 Brew Coffee property located in New Mexico. The subject property celebrated its Grand Opening in May 2025 and is strategically positioned as an outparcel to the 300,000 square foot North Plains Mall (the only enclosed regional mall within a 95-mile radius) along the primary commercial artery in Clovis NM. The offering is secured by a 15-year Absolute NNN ground lease, featuring one of the lowest base rents on record for the brand, and 10% rental increases (every five years) providing an investor with both a strong hedge against inflation and increasing cash flow throughout the lease term. With zero landlord responsibilities, this property presents an exceptional opportunity for a passive investor seeking a best-in-class QSR property in the Southwestern U.S. The subject property is positioned with frontage and access to Prince Street (24,000+ VPD), the primary retail artery in Clovis NM. Additional national QSR tenants with locations on the Prince Street corridor include Wendy’s, Taco Bell, Burger King, HTeaO, McDonald’s, and more. The site also features as an outparcel to North Plains Mall, which generates 1.9 million annual visits (Placer.ai) in the last 12 months. In addition to retail synergies, the tenant hand-picked this location for strategic proximity to Clovis High School, five (5) additional primary schools, and Cannon AFB. The local economy is driven by Cannon Air Force Base which employs more than 4,800 personnel and generates over $300 million in annual economic impact. This offering represents a fantastic opportunity to acquire a new, low-rent, well-located, drive-thru 7 Brew Coffee investment property in New Mexico. In Cooperation With Brian Brockman Bang Realty-New Mexico Inc bor@bangrealty.com (513) 898-1551 License No. 20241

FOR SALE DETAILS

PRICE

$1,000,000 USD

PRICE/SF

$1,961 USD /SF

CAP RATE

6%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

ON GROUND LEASE

Yes

BUILDING DETAILS

PROPERTY NAME

7 Brew - Clovis, NM

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Restaurant

ADD'L SUBTYPES

Fast Food

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2025

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.41 AC

LAND SF

17,860 SF

ZONING

C

APN/PARCEL ID

121201206517100

ASK ABOUT THIS PROPERTY

Tyler StraussFaris Lee InvestmentsMore Info
949-221-1803

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Tyler StraussFaris Lee InvestmentsMore Info
949-221-1803

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