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Red Robin NNN Investment Opportunity
For Sale
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10009 Coors Boulevard NW, Albuquerque, NM 87114

NNN leased Red Robin with 7 years remaining in Albuquerque.

Property Size6,157 SF
Price / SF$749.62
Days on Market469

Property Features for 10009 Coors Boulevard NW

General Information

Standard status Active
Size 6,157 SF
Property subtype Retail
Occupancy 100%
Lease Type Absolute Net
Investment Type Net Lease
Net Operating Income $330,000

Building Details

Year Built 2001
Tenancy Single
Listing Agency: Sands Investment Group Austin
Listed By: Jordan Mulloy · License #TX 793071
Source: Crexi
Added: Apr 30, 2025 Changed: Aug 11 Last Checked: Aug 10 at 2:59PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Sands Investment Group Austin

Investment Insights

Based on property information with market context.

This property features a 6,157 square foot Red Robin restaurant located at 10009 Coors Blvd NW in Albuquerque, NM. The property is offered for sale and includes approximately 7 years remaining on an absolute triple net (NNN) lease. The lease structure assigns zero landlord responsibilities. Rent increases are scheduled at 10% every 5 years, with the next increase due in June 2026.

Key Highlights

  • Absolute Triple Net (NNN) lease with zero landlord responsibilities.
  • Approximately 7 years remaining on the lease.
  • 10% rent increases every 5 years, hedging against inflation (next increase June 2026).

Property Analytics

Current Use

Red Robin Gourmet ... Restaurant Donatos Pizza Restaurant

Suggested Use

Top Pick Law Firm (Bike/Boat/Book/etc) Store Grocery & Convenience Store Plumbing Service Tanning Salon Travel Agency

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

204
Businesses Nearby
9k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Apparel 95% Shops & Services 5%
Goodwill Apparel
8,152 visits/mo 0.4 miles
Safelite AutoGlass Shops & Services
449 visits/mo 0.5 miles

Demographics for 87114, NM

69,402
Population
28,038
Households
2.5
Avg Household Size
37
Median Age
39%
College-Educated
95%
High-School Grad
20.9 sq mi
ZIP Area
3,321
Density / Sq Mi
$81,768
Median Household Income
$48,127
Median Earnings
$1,321
Median Rent
$296,200
Median Home Value

Market

Vacancy Rate% for Retail in Albuquerque, NM

7.8% 2019
8.4% 2020
7.9% 2021
4.8% 2022
4.2% 2023
5.7% 2024
5.5% 2025
Rey
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Similar Off Market Nearby

  • Hong Kong Buffet 10100 Coors Blvd NW, Albuquerque, NM 87114

Frequently Asked Questions

What type of property is this?
Conventional restaurant - NNN leased Red Robin with 7 years remaining in Albuquerque.
Where is this conventional restaurant located?
The property is located at 10009 Coors Boulevard NW Albuquerque, NM.
What is the asking price?
The asking price for this property is $4,615,385.
What are key features of this property?
This property features: Absolute Triple Net (NNN) lease with zero landlord responsibilities.; Approximately 7 years remaining on the lease.; 10% rent increases every 5 years, hedging against inflation (next increase June 2026).
More about this property
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