Freestanding Little Caesars
3261 Cerrillos Rd Santa Fe, NM 87507
3261 Cerrillos Rd, Santa Fe, NM, 87507
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For Sale
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Absolute NNN leased Little Caesars drive-thru with Walmart outparcel positioning and 3% annual rent increases in option periods.
Property Size1,676 SF
Price / SF$740.28
Days on Market146
Property Features for 3261 Cerrillos Rd
General Information
- Standard status
- Active
- Size
- 1,676 SF
- Property subtype
- Retail
Listing agency
Marcus & Millichap - Los Angeles
(310) 909-5500
Listed by
Robert Narchi · License #01324570
Source
Crexi
Added: Feb 25 Updated: Jul 21 at 2:31AM Checked: Jul 21 at 9:57AM
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 Marcus & Millichap - Los Angeles
Investment Insights
Based on property information with market context.
Marcus & Millichap is pleased to present a freestanding Little Caesars drive-thru restaurant at 3261 Cerrillos Rd in Santa Fe, New Mexico. The property is operated under an absolute NNN lease with zero landlord responsibilities. The lease commencement date is 2012, and ownership is secured by the operator, Sizzling Caesars, LLC, an experienced 450+ unit Little Caesars franchisee. Rent structure includes 3% annual rent increases throughout the option periods.
The site is positioned as an outparcel to Walmart along Cerrillos Road, described as a primary commercial arterial in Santa Fe. The offering highlights strong visibility and consistent daily consumer activity for this drive-thru format. The surrounding retail environment is noted as anchored by Walmart, The Home Depot, Albertsons, Sam’s Club, and Best Buy, along with a dense mix of national retailers and service providers.
The site is positioned as an outparcel to Walmart along Cerrillos Road, described as a primary commercial arterial in Santa Fe. The offering highlights strong visibility and consistent daily consumer activity for this drive-thru format. The surrounding retail environment is noted as anchored by Walmart, The Home Depot, Albertsons, Sam’s Club, and Best Buy, along with a dense mix of national retailers and service providers.
Key Highlights
- Freestanding Little Caesars drive‑thru restaurant at 3261 Cerrillos Road, Santa Fe, NM.
- Absolute NNN lease structure with zero landlord responsibilities.
- Lease is secured by Sizzling Caesars, LLC, a Little Caesars franchisee with 450+ units.
Property Analytics
Location Intelligence
Current Use by Public Records
Little Caesars Pizza
Restaurant
Similar For Sale Nearby
FAQs
What type of property is this?
Drive through restaurant - Absolute NNN leased Little Caesars drive-thru with Walmart outparcel positioning and 3% annual rent increases in option periods.
Where is this drive through restaurant located?
The property is located at 3261 Cerrillos Rd Santa Fe, NM.
What is the asking price?
The asking price for this property is $1,240,704.
What are key features of this property?
This property features: Freestanding Little Caesars drive‑thru restaurant at 3261 Cerrillos Road, Santa Fe, NM.; Absolute NNN lease structure with zero landlord responsibilities.; Lease is secured by Sizzling Caesars, LLC, a Little Caesars franchisee with 450+ units.
