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    2100 Louisiana Blvd Albuquerque, NM 87110

    Sponsored
    For Sale
    $2,933,333

    Albuquerque, NM: Strong ROI, Ground Lease

    Property size:
    6,000 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional investment opportunity presents a thriving Red Robin restaurant in Albuquerque, New Mexico. Located on a 0.56-acre lot at 2100 Louisiana Blvd NE Bldg 217, this single-story, 6,000 square foot building boasts a 100% occupancy rate and a strong NOI of $176,000, yielding a 6.00% cap rate. The property benefits from a ground lease expiring March 31, 2032, with built-in rent bumps of 10% every five years, minimizing landlord responsibilities. Strategically situated as an outparcel to Winrock Town Center Mall, this Red Robin enjoys high visibility and benefits from the surrounding high-end national retailers. The location is exceptional, with over 30,800 vehicles passing daily on Louisiana Boulevard and over 181,400 vehicles daily on nearby I-40, ensuring significant traffic exposure. Placer.ai data indicates this Red Robin receives 289,000 annual visitors, ranking 81st out of 445 nationwide. The property is zoned MX-H and offers a compelling investment opportunity with a $2,933,333 asking price. This is a rare chance to acquire a high-performing restaurant in a prime location with a secure ground lease and significant upside potential.

    Property Features for 2100 Louisiana Blvd

    General Information

    Property type
    Restaurants
    Square Feet
    6,000 SF
    Lot Size
    24,394 SF

    Building Details

    Buildings
    1
    Stories
    1
    Units
    1

    HighLights

    • Highly desirable New Mexico restaurant location.
    • Ground lease with no landlord responsibilities.
    • Outparcel at Winrock Town Center Mall, surrounded by high‑end national retailers.
    • High traffic location: Red Robin averages 289,000 annual visitors (Placer.ai), near Louisiana Blvd (30,800 VPD) and I‑40 (181,400 VPD).
    • Lease expires 3/31/2032 with 10% rent increases every 5 years.
    Property Profile Location Intelligence

    Current Use by Public Records

    T.J. Maxx Clothing Store Dillard's Cosmetics Store Men's Wearhouse Men'S Clothing Store BCBGMAXAZRIA at Dillard's Clothing Store James Avery Jewelry Store

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Albuquerque
    County
    Bernalillo
    State
    New Mexico
    Longitude
    -106.56711490029
    Latitude
    35.098686648691

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    FAQs

    What type of property is this?
    Restaurant - Albuquerque, NM: Strong ROI, Ground Lease
    Where is this restaurant located?
    The property is located at 2100 Louisiana Blvd Albuquerque, NM.
    What is the asking price?
    The asking price for this property is $2,933,333.
    What are key features of this property?
    This property features: Highly desirable New Mexico restaurant location.; Ground lease with no landlord responsibilities.; Outparcel at Winrock Town Center Mall, surrounded by high-end national retailers.
    Request Owner's contact information
    2100 Louisiana Blvd Albuquerque, NM 87110
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    Albuquerque, NM 87110
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    2100 Louisiana Blvd Albuquerque, NM 87110
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