Arby’s Restaurant NNN
For Sale
Contact for pricing
1711 7th Street, Las Vegas, NM 87701
Arby’s is offered for sale as a 15-year triple net lease with scheduled rent increases.
Property Size2,500 SF
Lot Size1.00 Acre
Price / SF$400
Days on Market57
Property Features for 1711 7th Street
General Information
Standard status
Active
Size
2,500 SF
Lot size
1.00 Acre
Property subtype
Retail
Occupancy
100%
Lease Type
Absolute Net
Investment Type
Net Lease
Net Operating Income
$54,647
Additional Details
Business Included
Yes
Building Details
Year Built
1991
Units
1
Tenancy
Single
Listing Agency:
SURMOUNT
(332) 345-4222
Listed By:
Jonathan Eckerd · License #AZ: SA663487000
Source:
Crexi
Added: Jun 17
Changed: Aug 8
Last Checked: Aug 11 at 5:57PM
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 SURMOUNT
Investment Insights
Based on property information with market context.
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.
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.
Key Highlights
- 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
Property Analytics
Property Profile
Current Use
Lease Details
Turnkey business
Opportunity
Location Intelligence
Trade Area within ½ mile
446
Businesses Nearby
125k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Dining 80%
Shops & Services 17%
Electronics 3%
McDonald's
Dining
25,796 visits/mo
0.1 miles
SONIC Drive In
Dining
14,500 visits/mo
0.1 miles
Starbucks
Dining
14,486 visits/mo
0.0 miles
Wendy's
Dining
13,643 visits/mo
0.1 miles
Taco Bell
Dining
8,908 visits/mo
0.1 miles
Demographics for 87701, NM
18,387
Population
9,699
Households
1.9
Avg Household Size
42
Median Age
27%
College-Educated
88%
High-School Grad
1,601.8 sq mi
ZIP Area
11
Density / Sq Mi
$48,115
Median Household Income
$29,345
Median Earnings
$756
Median Rent
$169,000
Median Home Value
Market
Vacancy Rate% for Retail in West region
Questions? Ask Rey
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Frequently Asked Questions
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
