1500 Gibson Blvd Albuquerque, NM 87106
Sponsored
Albuquerque, NM QSR Net Lease
Property size:
1,152 SFDescription
- Added:
- Dec 11, 2024
- Days on Market:
- 391
Property Features for 1500 Gibson Blvd
General Information
- Property type
- Restaurants
- Square Feet
- 1,152 SF
- Lot Size
- 23,958 SF
HighLights
- 1,152 SF Del Taco Restaurant on a 0.55‑acre lot with a 14‑year NNN lease (plus two 5‑year options) and 5% rent increases every five years.
- High‑profile location on Gibson Blvd SE in Albuquerque, NM, a high‑traffic corridor (38,600+ VPD), near UNM and Albuquerque International Sunport.
- 2023‑built Del Taco, the first drive‑thru‑only location nationwide, boasting strong initial sales and a healthy rent‑to‑sales ratio.
- Albuquerque, NM is the 32nd largest US city, experiencing significant population growth (14%+).
- $2,200,000 asking price with a $110,000 annual NOI and a 5.00% cap rate.
Property Profile
Location Intelligence
Current Use by Public Records
Del Taco
Fast Food Restaurant
Location Insight
- Map
- Local Demand
- City
- Albuquerque
- County
- Bernalillo
- State
- New Mexico
- Longitude
- -106.6331907
- Latitude
- 35.0586026
Nearby Similar for Sale
FAQs
What type of property is this?
Restaurant - Albuquerque, NM QSR Net Lease
Where is this restaurant located?
The property is located at 1500 Gibson Blvd Albuquerque, NM.
What is the asking price?
The asking price for this property is $2,200,000.
What are key features of this property?
This property features: 1,152 SF Del Taco Restaurant on a 0.55-acre lot with a 14-year NNN lease (plus two 5-year options) and 5% rent increases every five years.; High-profile location on Gibson Blvd SE in Albuquerque, NM, a high-traffic corridor (38,600+ VPD), near UNM and Albuquerque International Sunport.; 2023-built Del Taco, the first drive-thru-only location nationwide, boasting strong initial sales and a healthy rent-to-sales ratio.
