Del Taco NNN Investment
For Sale
Contact for pricing
1500 Gibson Blvd SE, Albuquerque, NM 87106
NNN leased Del Taco with over 13 years remaining.
Property Size1,152 SF
Lot Size0.55 Acres
Price / SF$1,818
Days on Market684
Property Features for 1500 Gibson Blvd SE
General Information
Standard status
Active
Size
1,152 SF
Lot size
0.55 Acres
Property subtype
Retail
Occupancy
100%
Lease Type
Absolute Net
Investment Type
Net Lease
Net Operating Income
$110,000
Building Details
Tenancy
Single
Listing Agency:
Colliers - Los Angeles - Orange County, California
(949) 724-5561
Listed By:
Eric Carlton · License #CA 01809955
Source:
Crexi
Added: Oct 15, 2024
Changed: Aug 21
Last Checked: Aug 29 at 7:38AM
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 Colliers - Los Angeles - Orange County, California
Investment Insights
Based on property information with market context.
This single-tenant property in Albuquerque, NM, is leased to Del Taco, which was acquired by Jack in the Box Inc. (NASDAQ: JACK) in 2022 and operates over 590 locations across 15 states. 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. Rental increases of 5% occur every 5 years. The newly constructed 1,152 SF building is situated on a 0.55-acre parcel along Gibson Blvd, which sees over 38,600 vehicles per day. The property is near Chick-fil-A, Raising Cane’s, Starbucks, Dutch Bros Coffee, Chili’s, and Buffalo Wild Wings. It is also located 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).
Key Highlights
- Absolute NNN lease with over 13.4 years remaining and zero landlord responsibilities, providing passive income.
- Corporate tenant: Del Taco, owned by Jack in the Box Inc. (NASDAQ: JACK).
- 5% rental increases every 5 years.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
596
Businesses Nearby
337k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Dining 86%
Shops & Services 8%
Hotels & Casinos 6%
Raising Cane's Chicken Fingers
Dining
53,299 visits/mo
0.2 miles
Chick-fil-A
Dining
49,400 visits/mo
0.1 miles
Dutch Bros. Coffee
Dining
27,633 visits/mo
0.4 miles
Starbucks
Dining
17,587 visits/mo
0.3 miles
Dion's Pizza
Dining
17,537 visits/mo
0.1 miles
Demographics for 87106, NM
26,987
Population
13,893
Households
1.9
Avg Household Size
32
Median Age
53%
College-Educated
91%
High-School Grad
35.8 sq mi
ZIP Area
754
Density / Sq Mi
$51,079
Median Household Income
$29,393
Median Earnings
$904
Median Rent
$332,100
Median Home Value
Market
Vacancy Rate% for Retail in Albuquerque, NM
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Drive through restaurant - NNN leased Del Taco with over 13 years remaining.
Where is this drive through restaurant located?
The property is located at 1500 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 and zero landlord responsibilities, providing passive income.; Corporate tenant: Del Taco, owned by Jack in the Box Inc. (NASDAQ: JACK).; 5% rental increases every 5 years.
