4300 Coors Blvd SW - Restaurant FOR SALE


Albuquerque, NM 87121- Far Westside
$600,000 USD
866-889-0550
4300 Coors Blvd SW, Albuquerque, NM for Sale
$600,000 USD
Restaurant - FOR SALE
1/3
null | 8% Cap Rate

4300 Coors Blvd SW
Albuquerque, NM 87121
Far Westside


HIGHLIGHTS

  • Dense Population: ±57,000 residents within a 3-mile radius and ±118,000 residents within a 5-mile radius.
  • High Traffic Counts: Located right on Coors Blvd SW this property benefits from ±27,600 cars per day providing high exposure.
  • Brand New Lease: El Jimador is on a brand-new 5-year absolute triple-net lease (NNN). There is also one 5-yr option. Rent to commence September 2025.
  • Above Market Rent Increases: 4% annual rent increases act as a hedge against inflation while also increasing your cash flow.
  • Recent Improvements: Property has had the following improvements done: New 3.5 Ton HVAC unit installed at the end of 2022, Roof repairs (2022)

OVERVIEW

Brian Brockman License No. 9568 (NM) (866) 889-0550 Matthews Real Estate Investment Services, Inc 1600 West End, Ste. 1500 Nashville, TN 37203

FOR SALE DETAILS

PRICE

$600,000 USD

PRICE/SF

$314 USD /SF

CAP RATE

8%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

EL JIMADOR RESTAURANT

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Restaurant

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1979

SPRINKLERS

-

PARKING SPACES

20

LAND DETAILS

LAND ACRES

0.47 AC

LAND SF

20,473 SF

ZONING

C-1

APN/PARCEL ID

1-010-052-367502-1-09-06

ASK ABOUT THIS PROPERTY

Joshua JenkinsMatthews Real Estate Investment ServicesMore Info
866-889-0550

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Joshua JenkinsMatthews Real Estate Investment ServicesMore Info
866-889-0550

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