3570 Cerrillos rd - Fast Food FOR SALE


Santa Fe, NM 87507- Southwest Santa Fe
$2,000,000 USD
469-694-4189
3570 Cerrillos rd, Santa Fe, NM for Sale
$2,000,000 USD
Fast Food - FOR SALE
1/6
null | 5% Cap Rate

3570 Cerrillos rd
Santa Fe, NM 87507
Southwest Santa Fe


HIGHLIGHTS

  • 2025 Construction. 3,053+/- SF Building on 1.61+/- Acre Site
  • Oversized 1.61 Acre Parcel on Cerrillos Rd Santa Fe’s Primary Retail Corridor with Over 41,100 Vehicles Per Day
  • Dense Retail and Institutional Trade Area Anchored by numerous national brands including Target, Sam’s Club, and Walmart
  • High-Volume Tourism and Cultural Market Attracting Approx. 3 Million Annual Visitors and $680 Million in Annual Spending
  • Whataburger is the 4th Highest Performing Fast-Food Restaurant in the United States w/ $3.78B in Revenue Across their 1,100+ Locations
  • Santa Fe | Capital and Cultural Center of New Mexico Ranked the #1 U.S. Travel Destination for 2025 | Population: 90,125+

OVERVIEW

Brand New 20-Year Absolute NNN Ground Lease with 10% Rental Increases Every 5 Years in Both the Primary Term and Renewal Options

FOR SALE DETAILS

PRICE

$2,000,000 USD

PRICE/SF

$655 USD /SF

CAP RATE

5%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Whataburger

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Fast Food

ADD'L SUBTYPES

Freestanding, Restaurant, Storefront

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2025

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

1.61 AC

LAND SF

70,132 SF

ZONING

F1

APN/PARCEL ID

014126464

ASK ABOUT THIS PROPERTY

Kyle VarniSecure Net LeaseMore Info
469-694-4189

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Kyle VarniSecure Net LeaseMore Info
469-694-4189

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