3619 NW County Rd - Fast Food FOR SALE
Hobbs, NM 88240 |
$1,850,000 USD
480-718-5555
3619 NW County Rd
Hobbs, NM 88240
HIGHLIGHTS
- LONG-TERM | ATTRACTIVE RENTAL ESCALATIONS: Over 8 years remaining on initial 15-year NN lease with attractive 10% rental escalations every 5 years
- GUARANTOR: Guaranteed by Best Choice Restaurants - 63-unit McAlister’s Deli operator & a subsidiary of Sun Holdings, Inc.
- PARENT COMPANY: Sun Holdings, Inc. is the 3rd largest franchisee company in the U.S. operating over 1,500 restaurants with brand names
- DENSE RETAIL CORRIDOR | TRAFFIC COUNTS: Positioned in a dominant retail corridor on a large ±1.45-acre parcel on a signalized/ hard corner
- HOBBS #1 OIL PRODUCING COUNTY IN THE U.S.: Hobbs is one of the most livable and most central places in the Permian Basin
- VERY AFFLUENT 2024 DEMOGRAPHICS: 2023 DEMOGRAPHICS: Total Population (5-MI): 47,422 | Average Household Income (1-MI): $180,889
FOR SALE DETAILS
PRICE
$1,850,000 USD
PRICE/SF
$511 USD /SF
CAP RATE
7.5%
% LEASED
-
TENANCY
Single
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
MCALISTER'S DELI - HOBBS, NM
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Fast Food
ADD'L SUBTYPES
Bank, Restaurant, Storefront
TOTAL BUILDING SIZE
-
STORIES
1
YEAR BUILT
2018
SPRINKLERS
-
PARKING SPACES
-
LAND DETAILS
LAND ACRES
1.45 AC
LAND SF
63,162 SF
ZONING
C
APN/PARCEL ID
4000014000001,4000071580001
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480-718-5555
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480-718-5555
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