1711 7th Street, Las Vegas, NM 87701

Building Details

Year Built

1991

Listing office SURMOUNT g***@nnnpro.com Show Phone

Listing date Jun 17, 2026

Source Crexi

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Overview

This offering presents an Arby’s restaurant property with approximately 2,500 rentable square feet of building space on an estimated one-acre parcel. The site is held under a 15-year Triple Net (NNN) lease that commenced on 2/17/2016. The current annual rent is stated as $54,647, with scheduled increases of 5.00% every five years.

The property is located at 1711 7th Street in Las Vegas, New Mexico. The transaction is presented as an exclusive listing for the Arby’s site.

For buyers seeking a leased restaurant asset, this property is structured as a long-term NNN investment with documented rent terms and periodic increases. The NNN framework is designed to shift ongoing property-related responsibilities to the tenant, while the lease provides for a fixed schedule of rent escalations as outlined in the offering remarks.

Suggested Use

Real Estate Agency Restaurant Law Firm Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Auto Repair Shop Gym & Fitness Center

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

• Map
• Local Demand

City

Las Vegas

County

San Miguel

State

New Mexico

Longitude

-105.223659

Latitude

35.609244

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FAQs

What type of property is this?

Retail space - Arby’s is offered for sale as a 15-year triple net lease with scheduled rent increases.

Where is this retail space located?

The property is located at 1711 7th Street Las Vegas, NM.

What is the asking price?

The asking price for this property is $1,000,000.

What are key features of this property?

This property features: Arby’s for sale: 15‑year Triple Net (NNN) lease agreement; Lease commenced 2/17/2016 and runs under a remaining 15‑year term; Approximately 2,500 rentable SF building space on an estimated 1‑acre parcel