SWC Coors and Saint Josephs - Commercial LAND FOR SALE


Albuquerque, NM 87120- Westside80,150 SF
$3,882,350 USD
505-998-1648
SWC Coors and Saint Josephs, Albuquerque, NM for Sale
$3,882,350 USD
Commercial LAND - FOR SALE
1/4
80,150 SF

SWC Coors and Saint Josephs
Albuquerque, NM 87120
Westside


HIGHLIGHTS

  • A brand new lease, a newly constructed building, and rent appreciation combine for an ideal investment
  • Long lease term with 10% increases every 5 years and continuing in option periods
  • The ground lease structure provides for a passive investment
  • The corporate Tenant ensures a stable cash flow from the nation’s most dominant sit-down restaurant group

OVERVIEW

NAI SunVista is pleased to offer the opportunity to acquire a brand-new construction, single tenant Olive Garden in Albuquerque, NM. This ideal long-term investment features a ground lease with easily replaceable rent that appreciates over time, ensuring passive income with no landlord management. The Property is occupied by a corporate tenant, Darden Restaurant’s most prominent brand, the nation’s most dominant sit-down restaurant group, offering stable cash flow, attractive 10% rent increases every five years, and future-proofing through scheduled store renovations.

FOR SALE DETAILS

PRICE

$3,882,350 USD

PRICE/ACRE

$2,109,983/AC

PRICE/SF

$48 USD /SF

# OF LOTS

-

LAND DETAILS

PROPERTY NAME

NNN Investment Opportunity

PROPERTY TYPE

Land

PROPERTY SUBTYPE

Commercial

LAND PROPOSED USE

Restaurant

LAND ACRES

1.84 AC

LAND SF

80,150 SF

OFFSITE IMPROVEMENTS

-

ZONING

-

APN/PARCEL ID

-

ASK ABOUT THIS PROPERTY

Brett HillsNAI Sun VistaMore Info
505-998-1648

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Brett HillsNAI Sun VistaMore Info
505-998-1648

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