Drive-Through Restaurant
1608 Eubank Blvd NE Albuquerque, NM 87112
1608 Eubank Blvd NE, Albuquerque, NM, 87112
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For Sale
Contact for pricing
Freestanding restaurant building with drive-thru and turn-key kitchen infrastructure, including walk-in cooler/freezer and dining setup.
Property Size3,288 SF
Price / SF$273.42
Days on Market162
Property Features for 1608 Eubank Blvd NE
General Information
- Standard status
- Active
- Size
- 3,288 SF
- Property subtype
- Retail
Listing agency
NAI Sun Vista
Listed by
Genieve Posen · License #NM53880
Source
Crexi
Added: Feb 11 Updated: Jul 22 at 10:12PM Checked: Jul 22 at 10:12PM
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 NAI Sun Vista
Investment Insights
Based on property information with market context.
This freestanding drive-through restaurant building is offered for sale with turn-key restaurant improvements and equipment. The kitchen infrastructure includes a walk-in cooler and freezer, cooking hood, dining furniture, and other included restaurant equipment, supporting immediate restaurant operations.
Located on the Prime Eubank Corridor just north of I-40, the property offers excellent visibility and access along a major arterial road. Public remarks note approximately 33,500 cars per day and ample on-site parking with dedicated ingress and egress.
A pylon signage opportunity is identified on Eubank Blvd. The site is described as surrounded by dense residential and by national and regional retailers.
Located on the Prime Eubank Corridor just north of I-40, the property offers excellent visibility and access along a major arterial road. Public remarks note approximately 33,500 cars per day and ample on-site parking with dedicated ingress and egress.
A pylon signage opportunity is identified on Eubank Blvd. The site is described as surrounded by dense residential and by national and regional retailers.
Key Highlights
- Freestanding restaurant building with drive‑thru
- Prime Eubank corridor location just north of I‑40 with 33,500 cars per day along a major arterial
- Ample on‑site parking with dedicated ingress/egress
Local Financial Insights For Specialty Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $78.9k | $24.00 |
| − Vacancy | −$4.7k | −$1.44 |
| EGI | $74.2k | $22.56 |
| − OpEx | −$18.5k | −$5.64 |
| NOI | $55.6k | $16.92 |
3,288 SF · lease $24.00/SF/yr · vacancy 6.00% · expense 25.00%
Alternative Uses
Best Use
Specialty Retail
$794.8K
$695.4K – $927.2K
NOI $55,633 @ 7.0% cap · market cap 6.19%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$795.4K
$696.0K – $928.0K
NOI $55,680 @ 7.0% cap · market cap 6.19%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Pizza 9 Eubank
Take-out & Catering
Similar For Sale Nearby
FAQs
What type of property is this?
Drive through restaurant - Freestanding restaurant building with drive-thru and turn-key kitchen infrastructure, including walk-in cooler/freezer and dining setup.
Where is this drive through restaurant located?
The property is located at 1608 Eubank Blvd NE Albuquerque, NM.
What is the asking price?
The asking price for this property is $899,000.
What are key features of this property?
This property features: Freestanding restaurant building with drive‑thru; Prime Eubank corridor location just north of I‑40 with 33,500 cars per day along a major arterial; Ample on‑site parking with dedicated ingress/egress
