26137 US Highway 70 - Restaurant FOR SALE
Ruidoso Downs, NM 88346 |
$1,486,760 USD
602-625-8338
26137 US Highway 70
Ruidoso Downs, NM 88346
HIGHLIGHTS
- Long-term absolute NNN with just under 8 years remaining and ZERO landlord responsibilities
- Largest Denny’s franchisee in the country
- Large Operator - WKS Restaurant Group is the parent company of the signing entity, Sunrise Restaurants (100+ Denny’s locations)
- Next 10% rent increase will be August 8, 2028
- Large ±1.0-acre lot with a ±3,910-square-foot building
- Located off of US-70
OVERVIEW
Retail Investment Group is pleased to offer for sale this Denny’s in Ruidoso Downs, New Mexico.
This opportunity features an absolute NNN with just under 8 years remaining.
Built in 1999, Denny’s has been operating at this location for approximately 26 years. This ±3,910-square-foot building sits on a large ±1.0-acre lot.
Brian Brockman - Broker
Lic: 20241
Bang Realty-New Mexico Inc
513.898.1551
bor@bangrealty.com
FOR SALE DETAILS
PRICE
$1,486,760 USD
PRICE/SF
$743 USD /SF
CAP RATE
6%
% LEASED
-
TENANCY
Single
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
Denny's
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Restaurant
TOTAL BUILDING SIZE
-
STORIES
1
YEAR BUILT
1999
SPRINKLERS
-
PARKING SPACES
-
LAND DETAILS
LAND ACRES
1 AC
LAND SF
43,560 SF
ZONING
C
APN/PARCEL ID
4075065013306000000
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602-625-8338
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602-625-8338
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