845 Juan Tabo Blvd NE Albuquerque, NM 87123

Building Details

Year Built

2025

Listing agency Faris Lee Investments j***@farislee.com Show Phone

Listed by Jeff Conover · License #CalDRE #01008195 Show Phone

Source Farislee

Added: Apr 1 Updated: Jul 10 at 1:16PM Checked: Jul 22 at 4:50AM

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Investment Insights

Based on property information with market context.

This 5,376 square foot retail property is fully leased to El Pollo Loco, Jamba, and Xfinity/Comcast. The property features a drive-thru and fee simple ownership. It is located on a prime hard-corner signalized intersection with approximately 51,000 vehicles per day, offering a freestanding drive-thru retail asset with strong visibility. The property is 100% leased with long-term NNN leases, providing passive management with tenants covering taxes, insurance, and CAM. The leases include 10% rent escalations every 5 years, ensuring predictable income growth and long-term value. Fee simple ownership of the land and building provides tax advantages, strong cash flow, and accelerated depreciation opportunities. The property is situated in a high-profile retail corridor at Juan Tabo Boulevard and Lomas Boulevard, across from Albertson's and McDonald's, and in close proximity to Manzano High School.

Key Highlights

• 100% leased to El Pollo Loco, Jamba, and Xfinity/Comcast, providing passive management.
• Long‑term NNN leases with tenants covering taxes, insurance, and CAM.
• Prime hard‑corner location at a signalized intersection with ±51K VPD and strong visibility.

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FAQs

What type of property is this?

Retail space - Fully leased retail property with drive-thru and fee simple ownership.

Where is this retail space located?

The property is located at 845 Juan Tabo Blvd NE Albuquerque, NM.

What is the asking price?

The asking price for this property is $4,340,000.

What are key features of this property?

This property features: 100% leased to El Pollo Loco, Jamba, and Xfinity/Comcast, providing passive management.; Long‑term NNN leases with tenants covering taxes, insurance, and CAM.; **Prime hard‑corner location at a signalized intersection with ±51K VPD and strong visibility.**