Freestanding Specialty
For Sale
Contact for pricing
6111 San Mateo Blvd. NE, Albuquerque, NM 87109
Freestanding restaurant facility leased under an absolute NNN structure with renewal options.
Property Size11,436 SF
Days on Market142
Property Features for 6111 San Mateo Blvd. NE
General Information
Standard status
Active
Size
11,436 SF
Property subtype
Retail
Building Details
Buildings
1
Tenancy
Single
Listing Agency:
CBRE - Albuquerque
(818) 907-4690
Listed By:
Jim Dountas · License #NM 45995
Source:
Crexi
Added: Apr 10
Changed: Aug 29
Last Checked: Aug 29 at 4:58PM
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 CBRE - Albuquerque
Investment Insights
Based on property information with market context.
This freestanding specialty property encompasses a ±11,436-square-foot restaurant facility at 6111 San Mateo Blvd. NE in Albuquerque. The building is leased to Furr’s Fresh Buffet, a 25-unit buffet-style restaurant chain operated by Food Management Partners.
The investment includes the fee simple interest and is subject to a twenty-five-year absolute NNN lease. Eleven years remain on the current term, with Four (4) 5-yr renewal options available. Contractual 1.5% annual increases continue until 2029, providing defined lease-growth provisions within the existing tenancy.
The investment includes the fee simple interest and is subject to a twenty-five-year absolute NNN lease. Eleven years remain on the current term, with Four (4) 5-yr renewal options available. Contractual 1.5% annual increases continue until 2029, providing defined lease-growth provisions within the existing tenancy.
Key Highlights
- ±11,436 square‑foot freestanding restaurant facility
- Leased to Furr’s Fresh Buffet, a 25‑unit buffet‑style restaurant chain
- Twenty‑five (25) year absolute NNN lease
Property Analytics
Property Profile
Current Use
Lease Details
Single-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
1,469
Businesses Nearby
428k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Dining 65%
Shops & Services 23%
Groceries 4%
Apparel 4%
Texas Roadhouse
Dining
55,458 visits/mo
0.1 miles
Olive Garden
Dining
41,568 visits/mo
0.1 miles
Starbucks
Dining
34,129 visits/mo
0.3 miles
Golden Corral
Dining
31,170 visits/mo
0.5 miles
Dollar Tree
Shops & Services
26,989 visits/mo
0.2 miles
Demographics for 87109, NM
40,740
Population
20,826
Households
2
Avg Household Size
41
Median Age
42%
College-Educated
93%
High-School Grad
10.0 sq mi
ZIP Area
4,074
Density / Sq Mi
$56,295
Median Household Income
$41,798
Median Earnings
$1,112
Median Rent
$298,300
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 restaurant facility leased under an absolute NNN structure with renewal options.
Where is this nnn property located?
The property is located at 6111 San Mateo Blvd. NE Albuquerque, NM.
What are key features of this property?
This property features: ±11,436 square‑foot freestanding restaurant facility; Leased to Furr’s Fresh Buffet, a 25‑unit buffet‑style restaurant chain; Twenty‑five (25) year absolute NNN lease
