3301 Coors Blvd NW - Restaurant FOR SALE


Albuquerque, NM 87120- Westside
$1,741,000 USD
602-687-6700
3301 Coors Blvd NW, Albuquerque, NM for Sale
$1,741,000 USD
Restaurant - FOR SALE
1/5
null | 6% Cap Rate

3301 Coors Blvd NW
Albuquerque, NM 87120
Westside


HIGHLIGHTS

  • ±7 Years Remaining on Absolute NNN Lease with Taco Cabana Franchisee (6 Units in Albuquerque)
  • Tenant has Operated at the Site for 22 Years, Showing Commitment to the Site
  • 10% Rental Increases Every 5 Years with Multiple Renewal Options - Next Increase Occurs on January 1, 2030
  • Ranked as the #1 Taco Cabana Site in New Mexico and #3 of All Taco Cabana Sites Nationwide per Placer.ai
  • Taco Cabana is an Established Texas Chain, Operating ±150 Locations
  • Densely-Populated Albuquerque Trade Area - ±193,239 Residents within a 5-Mile Radius

OVERVIEW

Taco Cabana specializes in Mexican-inspired food, including breakfast, lunch and dinner tacos, dozen taco boxes, fajitas, quesadillas, burritos, freshly made flour tortillas, and a selection of made-from-scratch salsas and sauces. As the largest and most populous city in New Mexico and home to approximately one-fourth of the state’s population, Albuquerque is a hub for the arts with an economy built on science, medicine, technology, commerce, education, culture outlets and entertainment.

FOR SALE DETAILS

PRICE

$1,741,000 USD

PRICE/SF

$485 USD /SF

CAP RATE

6%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Taco Cabana

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Restaurant

ADD'L SUBTYPES

Fast Food, Freestanding, undefined

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1986

SPRINKLERS

-

PARKING SPACES

44

LAND DETAILS

LAND ACRES

0.87 AC

LAND SF

37,897 SF

ZONING

-

APN/PARCEL ID

1-011-060-234133-3-08-03

ASK ABOUT THIS PROPERTY

Ryan SarbinoffMarcus & MillichapMore Info
602-687-6700

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Ryan SarbinoffMarcus & MillichapMore Info
602-687-6700

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