Absolute NNN Freestanding
For Sale
Contact for pricing
4900 Central Avenue Northeast, Albuquerque, NM 87121
Freestanding drive-through building leased under an absolute triple-net structure with scheduled rental increases.
Property Size2,413 SF
Lot Size0.75 Acres
Price / SF$393.70
Days on Market9
Property Features for 4900 Central Avenue Northeast
General Information
Standard status
Active
Size
2,413 SF
Lot size
0.75 Acres
Property subtype
Retail
Occupancy
100%
Lease Type
Absolute Net
Investment Type
Net Lease
Net Operating Income
$107,400
Additional Details
Drive-Thru
Yes
Building Details
Buildings
1
Tenancy
Single
Listing Agency:
Colliers - Albuquerque, New Mexico
Listed By:
Michael Angelo · License #REC20220990
Source:
Crexi
Added: Aug 3
Changed: Aug 10
Last Checked: Aug 11 at 4:26PM
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 Colliers - Albuquerque, New Mexico
Investment Insights
Based on property information with market context.
This freestanding 2,413-square-foot drive-through building occupies approximately 0.75 acres along Central Avenue Northeast in Albuquerque. The property is associated with Wendy’s, although restaurant operations are not currently active at the site.
The existing absolute triple-net lease has approximately 11 years remaining. The tenant remains current on monthly rent, and the agreement includes 10% rental increases every five years, with the next adjustment anticipated in approximately 18 months and a subsequent increase approximately five years later. The property is positioned along Albuquerque’s historic Route 66 corridor.
The existing absolute triple-net lease has approximately 11 years remaining. The tenant remains current on monthly rent, and the agreement includes 10% rental increases every five years, with the next adjustment anticipated in approximately 18 months and a subsequent increase approximately five years later. The property is positioned along Albuquerque’s historic Route 66 corridor.
Key Highlights
- ±2,413 SF freestanding drive‑through building
- Approximately 0.75 acres along Albuquerque’s historic Route 66 corridor
- Absolute triple‑net lease with approximately 11 years remaining
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
5,093
Businesses Nearby
75k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Dining 55%
Hotels & Casinos 25%
Shops & Services 19%
Home Improvements & Furnishings 1%
Starbucks
Dining
16,432 visits/mo
0.4 miles
Family Dollar
Shops & Services
10,546 visits/mo
0.5 miles
Burger King
Dining
10,284 visits/mo
0.4 miles
DoubleTree by Hilton Hotel
Hotels & Casinos
6,737 visits/mo
0.3 miles
Carl's Jr.
Dining
5,925 visits/mo
0.5 miles
Demographics for 87121, NM
77,802
Population
26,118
Households
3
Avg Household Size
31
Median Age
13%
College-Educated
80%
High-School Grad
336.9 sq mi
ZIP Area
231
Density / Sq Mi
$59,184
Median Household Income
$34,738
Median Earnings
$1,277
Median Rent
$192,500
Median Home Value
Market
Vacancy Rate% for Retail in Albuquerque, NM
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
NNN property - Freestanding drive-through building leased under an absolute triple-net structure with scheduled rental increases.
Where is this nnn property located?
The property is located at 4900 Central Avenue Northeast Albuquerque, NM.
What is the asking price?
The asking price for this property is $950,000.
What are key features of this property?
This property features: ±2,413 SF freestanding drive‑through building; Approximately 0.75 acres along Albuquerque’s historic Route 66 corridor; Absolute triple‑net lease with approximately 11 years remaining
