1450 Gibson Blvd SE Albuquerque, NM 87102
New Del Taco with long-term absolute NNN lease.
Property size:
1,152 SFLot size:
0.55 AcresProperty Features for 1450 Gibson Blvd SE
General Information
- Size
- 1,152 SF
- Lot size
- 0.55 Acres
Source:
Moodyscre
Listing Agent: Eric Carlton
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
Overview
Del Taco NNN Investment Opportunity
This is an opportunity to acquire a single tenant, absolute NNN leased Del Taco property in Albuquerque, NM. The property features a newly constructed 1,152-square-foot building on a 0.55-acre parcel. The absolute triple net lease has over 13.4 years remaining in the primary term, with two 5-year option periods and zero landlord responsibilities. The lease includes 5% rental increases every 5 years. The property is positioned along the Gibson Blvd retail corridor, which sees over 38,600 vehicles per day. Nearby retailers include Chick-fil-A, Raising Cane’s, Starbucks, Dutch Bros Coffee, Chili’s, and Buffalo Wild Wings. The property is in close proximity to the Albuquerque International Airport and the University of New Mexico Campus. Albuquerque International Sunport (ABQ), which sees over 5 million passengers annually and 418 flights daily, is one mile away, while the University of New Mexico with enrollment exceeding 21,900 is within half a mile (two miles to central campus). Del Taco was purchased by Jack in the Box Inc. (NASDAQ: JACK) in 2022 and operates over 590 locations across 15 states. This is a 2023 prototype build.
Location Intelligence
Current Use by Public Records
Drive through restaurants
Location Insight
- Map
- Local Demand
- City
- Albuquerque
- County
- Sandoval
- State
- New Mexico
- Longitude
- -106.6337847
- Latitude
- 35.058549
Nearby Similar for Sale
FAQs
What type of property is this?
Drive through restaurant - New Del Taco with long-term absolute NNN lease.
Where is this drive through restaurant located?
The property is located at 1450 Gibson Blvd SE Albuquerque, NM.
What is the asking price?
The asking price for this property is $2,095,000.
What are key features of this property?
This property features: - Absolute NNN lease with over 13.4 years remaining, offering passive cash flow with zero landlord responsibilities.; - Lease guaranteed by Jack in the Box Inc. (NASDAQ: JACK), a publicly traded company.; - Located in a high-traffic area with 38,600 VPD on Gibson Blvd, near major retailers.