Applebee’s has elected not to renew their lease here at 4246 Cerrillos Rd and the property will be available to purchase or lease May 1, 2027. Please do not disturb tenant. This second generation sit-down restaurant was constructed in 1997, fully renovated in 2022 and represents a prime Santa Fe Place Mall outparcel opportunity that has been locked down for decades. The property features an oversized parking lot with over 10:1 parking sitting on 1.52 acres and easy ingress/egress from Cerrillos Rd and through the mall up to Rodeo Dr.