1620 Towne Center Lane SE Albuquerque, NM 87106

Building Details

Year Built

2014

Properties For Sale

at 1620 Towne Center Lane SE Contact us

Listing agency SRS Real Estate Partners Newport Beach n***@srsre.com Show Phone

Listed by Nick Cartus · License #LICENSENO.01912215 Show Phone

Source Srsre

Added: May 18 Updated: Jul 22 at 11:03PM Checked: Jul 23 at 2:37AM

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Investment Insights

Based on property information with market context.

SRS National Net Lease is offering the fee simple interest (land and building ownership) in an absolute NNN leased Denny’s investment property. The property is leased to New Mexico’s Best Diner, LLC, which has over 7 years remaining on the lease term. The lease includes four (5-year) options to extend. Rental payments include 10% rental increases every 5 years throughout the initial term and at the beginning of each option period.

The investment is located at 1620 Towne Center Lane SE, Albuquerque, New Mexico. The lease is structured as absolute NNN with zero landlord responsibilities, positioning it as a hands-off ownership profile for the land and building.

Key Highlights

• Absolute NNN leased Denny’s investment property in Albuquerque, New Mexico (fee simple: land & building).
• Tenant New Mexico’s Best Diner, LLC has over 7 years remaining on the lease term.
• Lease includes 4 (5‑year) extension options for continued term beyond the initial lease period.

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• Denny's — 1620 Towne Ctr Ln SE, Albuquerque, NM 87106

FAQs

What type of property is this?

Breakfast & diner - Absolute NNN leased Denny’s property in Albuquerque with over 7 years remaining and extension options.

Where is this breakfast & diner located?

The property is located at 1620 Towne Center Lane SE Albuquerque, NM.

What is the asking price?

The asking price for this property is $2,521,000.

What are key features of this property?

This property features: Absolute NNN leased Denny’s investment property in Albuquerque, New Mexico (fee simple: land & building).; Tenant New Mexico’s Best Diner, LLC has over 7 years remaining on the lease term.; Lease includes 4 (5‑year) extension options for continued term beyond the initial lease period.