Absolute NNN Restaurant
New
For Sale
$1,741,000
3301 Coors Blvd NW, Albuquerque, NM 87120
Franchise-operated restaurant tenancy includes renewal options and scheduled rent escalations.
Property Size3,588 SF
Price / SF$485.23
Days on Market3
Property Features for 3301 Coors Blvd NW
General Information
Standard status
Active
Size
3,588 SF
Property subtype
Restaurant
Lease Type
Absolute Net
Site & Location
Highway Access
Yes
Road Access
Yes
Amenities
±7 Years Remaining on Absolute NNN Lease with Taco Cabana Franchisee (Six Units in Albuquerque)
Tenant has Operated at the Site for 22 Years, Showing Commitment to the Site
10 Percent Rental Increases Every Five Years with Multiple Renewal Options - Next Increase Occurs on January 1, 2030
Ranked as the #1 Taco Cabana Site in New Mexico and #3 of All Taco Cabana Sites Nationwide per Placer.ai
Taco Cabana is an Established Texas Chain, Operating ±150 Locations
Densely-Populated Albuquerque Trade Area - ±193,239 Residents within a Five-Mile Radius
Located Along a Busy Retail Corridor, Anchored by The Home Depot, Planet Fitness, and Walmart Supercenter
Highly Visible Location Along Coors Blvd NW (±52,830 Cars per Day), Immediately Off Interstate 40 (±155,850 Cars per Day)
Building Details
Building Size
3,588 SF
Tenancy
Single
Listing Agency:
Marcus & Millichap - Phoenix
(602) 687-6780
Listed By:
Chris Lind · License #License(s): AZ: SA627823000
(602) 687-6780
Source:
Marcusmillichap
Added: Aug 28
Changed: Aug 29
Last Checked: Aug 23 at 2:15AM
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 - Phoenix
Investment Insights
Based on property information with market context.
The 3,588-square-foot restaurant property at 3301 Coors Blvd NW is leased on an absolute NNN basis to a Taco Cabana franchisee. The tenant has operated at the site for 22 years, with ±7 years remaining on the lease, multiple renewal options, and 10% rental increases every 5 years. The next scheduled increase is January 1, 2030.
The property sits along Coors Blvd NW in Albuquerque, immediately off Interstate 40. Traffic counts are reported at ±52,830 cars per day on Coors Blvd NW and ±155,850 cars per day on Interstate 40. The surrounding retail corridor includes The Home Depot, Planet Fitness, and Walmart Supercenter, while nearby newer development includes Chick-fil-A, Starbucks, Panera Bread, and 7 Brew Coffee.
The property sits along Coors Blvd NW in Albuquerque, immediately off Interstate 40. Traffic counts are reported at ±52,830 cars per day on Coors Blvd NW and ±155,850 cars per day on Interstate 40. The surrounding retail corridor includes The Home Depot, Planet Fitness, and Walmart Supercenter, while nearby newer development includes Chick-fil-A, Starbucks, Panera Bread, and 7 Brew Coffee.
Key Highlights
- 3,588‑square‑foot restaurant property at 3301 Coors Blvd NW, Albuquerque, NM 87120
- Absolute NNN lease with ±7 Years Remaining and Multiple Renewal Options
- Taco Cabana franchisee has operated at the site for 22 Years
Property Analytics
Property Profile
Current Use
Lease Details
Single-tenant
Tenancy
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
758
Businesses Nearby
345k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Dining 47%
Shops & Services 32%
Home Improvements & Furnishings 16%
Electronics 3%
The Home Depot
Home Improvements & Furnishings
55,507 visits/mo
0.5 miles
McDonald's
Dining
34,517 visits/mo
0.4 miles
Cracker Barrel Old Country Store
Dining
25,787 visits/mo
0.2 miles
Dollar Tree
Shops & Services
25,031 visits/mo
0.1 miles
Golden Corral
Dining
19,214 visits/mo
0.4 miles
Demographics for 87120, NM
64,643
Population
27,432
Households
2.4
Avg Household Size
39
Median Age
39%
College-Educated
93%
High-School Grad
57.6 sq mi
ZIP Area
1,122
Density / Sq Mi
$84,887
Median Household Income
$49,726
Median Earnings
$1,404
Median Rent
$276,900
Median Home Value
Market
Vacancy Rate% for Retail in Albuquerque, NM
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
NNN property - Franchise-operated restaurant tenancy includes renewal options and scheduled rent escalations.
Where is this nnn property located?
The property is located at 3301 Coors Blvd NW Albuquerque, NM.
What is the asking price?
The asking price for this property is $1,741,000.
What are key features of this property?
This property features: 3,588‑square‑foot restaurant property at 3301 Coors Blvd NW, Albuquerque, NM 87120; Absolute NNN lease with ±7 Years Remaining and Multiple Renewal Options; Taco Cabana franchisee has operated at the site for 22 Years
