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804 White Sands Blvd Alamogordo, NM 88310

Sponsored
For Sale
$1,892,000

Alamogordo, NM QSR Investment

Property size:
2,524 SF

Description

Added:
Dec 11, 2024
Days on Market:
392
This exceptional investment opportunity presents a fee-simple ownership of a Del Taco restaurant in Alamogordo, New Mexico. The 2,524 square foot building, constructed in 2016, sits on a 0.78-acre lot with 31 parking spaces and benefits from a prime location on S. White Sands Blvd, a major retail thoroughfare with 23,100 vehicles passing daily. The property boasts excellent visibility and accessibility, situated within a dense retail corridor alongside other national QSR brands like McDonald's, Burger King, and Taco Bell. The Del Taco franchisee, Diamondback DTNM, LLC, holds a 20-year absolute NNN lease (commencing July 1, 2016, and expiring June 30, 2036), with two 5-year renewal options. The lease includes 2.5% annual rent increases, ensuring consistent NOI growth. The property's strong demographics, including a 5-mile trade area population exceeding 34,800 residents and 12,400 employees, with an average household income of $71,908, further enhance its investment appeal. The current NOI is $125,835, resulting in a 6.65% cap rate. The property is zoned C-3 Business and has an APN of 01N4055095065274. This is a management-free investment opportunity with significant upside potential. The drive-thru feature adds to the property's operational efficiency and customer convenience. The established Del Taco brand, combined with the long-term lease and built-in rent increases, makes this a compelling investment prospect.

Property Features for 804 White Sands Blvd

General Information

Property type
Restaurants
Square Feet
2,524 SF
Lot Size
33,977 SF

Building Details

Year Built
2016

HighLights

  • Fee simple ownership of a Del Taco restaurant in Alamogordo, NM.
  • Absolute NNN lease with 11+ years remaining, 2.5% annual rent increases, and two 5‑year renewal options.
  • Prime location on S. White Sands Blvd, a major retail thoroughfare with 23,100 vehicles per day, alongside other national QSR brands.
  • Strong demographics: 5‑mile trade area with over 34,800 residents and 12,400 employees, average household income $71,908.
Property Profile Location Intelligence

Current Use by Public Records

La Hacienda Mexican ... Mexican Restaurant Del Taco Fast Food Restaurant Agave Margaritas Restaurant

Suggested Use

Restaurant Realty agency Law Firm Building Supply Dental Office Spa & Massage Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

  • Map
  • Local Demand
City
Alamogordo
County
Otero
State
New Mexico
Longitude
-105.9609223
Latitude
32.8826466

FAQs

What type of property is this?
Restaurant - Alamogordo, NM QSR Investment
Where is this restaurant located?
The property is located at 804 White Sands Blvd Alamogordo, NM.
What is the asking price?
The asking price for this property is $1,892,000.
What are key features of this property?
This property features: Fee simple ownership of a Del Taco restaurant in Alamogordo, NM.; Absolute NNN lease with 11+ years remaining, 2.5% annual rent increases, and two 5-year renewal options.; Prime location on S. White Sands Blvd, a major retail thoroughfare with 23,100 vehicles per day, alongside other national QSR brands.
More about this property
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