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Arby’s Drive-Through Restaurant
For Sale
Contact for pricing
Pending

3351 Southern Blvd SE, Rio Rancho, NM 87124

Absolute NNN lease extends through April 2031 with a scheduled 7.5% rent increase in June 2027.

Property SizeContact for details
Days on Market142

Property Features for 3351 Southern Blvd SE

General Information

Standard status Pending
Property subtype Retail

Site & Location

Drive-Thru Yes
Traffic Count 21,900 vehicles/day
Listing Agency: SRS Real Estate Partners Newport Beach
Listed By: Matthew Mousavi · License #CA 01732226
Source: Crexi
Added: Apr 12 Changed: Aug 29 Last Checked: Aug 31 at 12:22AM

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 SRS Real Estate Partners Newport Beach

Investment Insights

Based on property information with market context.

This freestanding Arby’s property includes ownership of both the land and building and is equipped with a drive-through. The restaurant has operated at the site since 1989. The lease is structured as absolute NNN, with MJG Corporation providing the franchisee guarantee; the operator runs 19 Arby’s locations and 2 Dairy Queen locations in New Mexico. The current lease term runs through April 2031, with a 7.5% rental increase scheduled for June 2027.

Located at 3351 Southern Blvd SE in Rio Rancho, the property fronts Southern Boulevard SE and is exposed to 21,900 cars per day. It serves as a pad to Country Club Center, a 57,600 SF shopping center anchored by Elevate Trampoline Park, Dollar General, and Planet Fitness. Intel’s Fab 11X facility is 2 miles away and includes more than 1 million SF, including 400,000 SF of clean room space. Nearby residential support includes Entrada Point Apartments with 209 units, along with The Greens Condominium Complex, Fairways Condominiums, and Club Rio Rancho.

Key Highlights

  • Freestanding Arby’s restaurant with drive‑through equipment and fee simple land and building ownership
  • Absolute NNN lease in place through April 2031
  • 7.5% rental increase scheduled for June 2027

Property Analytics

Current Use

Drive through restaurants

Suggested Use

Top Pick Law Firm Auto Parts Store Nail Salon HVAC Service Food Market Daycare Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

21,900 VPD
Traffic count

Location Intelligence

Trade Area within ½ mile

556
Businesses Nearby
30k
Monthly Visits Nearby

Foot Traffic Nearby

Shops & Services 78% Dining 22%
Bank of America Shops & Services
8,892 visits/mo 0.3 miles
Arby's Dining
6,631 visits/mo 0.1 miles
Dollar General Shops & Services
6,147 visits/mo 0.1 miles
AutoZone Shops & Services
3,927 visits/mo 0.4 miles
BMO Harris Bank Shops & Services
2,194 visits/mo 0.4 miles

Demographics for 87124, NM

59,781
Population
23,027
Households
2.6
Avg Household Size
40
Median Age
33%
College-Educated
94%
High-School Grad
77.9 sq mi
ZIP Area
767
Density / Sq Mi
$82,278
Median Household Income
$43,353
Median Earnings
$1,380
Median Rent
$262,800
Median Home Value

Market

Vacancy Rate% for Retail in West region

7% 2020
6.3% 2021
5.5% 2022
5.3% 2023
5.5% 2024
5.8% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Drive through restaurant - Absolute NNN lease extends through April 2031 with a scheduled 7.5% rent increase in June 2027.
Where is this drive through restaurant located?
The property is located at 3351 Southern Blvd SE Rio Rancho, NM.
What are key features of this property?
This property features: Freestanding Arby’s restaurant with drive‑through equipment and fee simple land and building ownership; Absolute NNN lease in place through April 2031; 7.5% rental increase scheduled for June 2027
(480) 221-4221 Call to check price and availability
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