3095 W Historic Hwy - Restaurant FOR SALE
Gallup, NM 87301 |
$1,600,000 USD
512-768-0380
3095 W Historic Hwy
Gallup, NM 87301
HIGHLIGHTS
- 15-year Absolute Triple Net (NNN) sale-leaseback with zero landlord responsibilities, providing passive ownership and predictable income.
- Structured rent escalations of 10% every five years ensure strong long-term income growth.
- Operated by Emerge Inc., an award-winning and expanding franchisee with 185 units across four brands, backed by a 40+ unit guarantee.
- Location demonstrates strong sales performance and a healthy rent-to-sales ratio (details available upon request).
- Positioned 1 mile from Gallup Municipal Airport, a 359-acre general aviation facility that drives consistent regional traffic.
- Just 0.5 miles from Interstate 40, a major east-west corridor spanning 2,557 miles and ranking among the longest interstates in the U.S.
OVERVIEW
Sands Investment Group is pleased to exclusively offer for sale the 1,760 SF Taco Bell located at 3095 West Historic Highway 66 in Gallup, NM. This deal includes a long term 15-year sale leaseback with zero landlord responsibilities and a healthy hedge against inflation with 10% rent increases every 5 years, providing for a secure investment.
In Cooperation With Sands Investment Group - Lic. #9623 BoR: Andrew Ackerman - Lic. NM #20310
FOR SALE DETAILS
PRICE
$1,600,000 USD
PRICE/SF
$909 USD /SF
CAP RATE
5.75%
% LEASED
-
TENANCY
Single
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
Taco Bell (3095 W Hwy 66)
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Restaurant
ADD'L SUBTYPES
Storefront, undefined
TOTAL BUILDING SIZE
-
STORIES
1
YEAR BUILT
2000
SPRINKLERS
-
PARKING SPACES
-
LAND DETAILS
LAND ACRES
-
LAND SF
-
ZONING
-
APN/PARCEL ID
R145203
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512-768-0380
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512-768-0380
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