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512 Llano Estacado Blvd Clovis, NM 88101

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High-Yield Restaurant Property, NNN Lease

Property size:
7,831 SF

Property Features for 512 Llano Estacado Blvd

General Information

Property type
Retail properties & Spaces
Square Feet
7,831 SF
Lot Size
89,734 SF

Building Details

Year Built
2023
Buildings
1
Stories
1

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Listing Contact
Clayton King
Clayton King

Listing Agency: King Capital Commercial Real Estate Listing Agent: Clayton King

Displayed information is deemed reliable but is not guaranteed and should be independently verified.

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Overview

This exceptional investment opportunity presents a brand-new, single-tenant Texas Roadhouse restaurant in Clovis, New Mexico. Built in 2023, the property boasts 7,831 square feet on a spacious 2.06-acre lot. The absolute NNN lease structure provides a passive income stream with minimal landlord responsibilities. The property enjoys a strong 5.20% cap rate, generating a net operating income (NOI) of $130,000. The asking price is $2,500,000, translating to a price per square foot of $319.24. The building is a single-story structure, strategically located just northwest of the North Plains Mall and Clovis Shopping Center, which includes major tenants such as Albertson's and Hobby Lobby. This prime location benefits from high visibility and proximity to other national retailers, including Walmart Supercenter, DollarTree, Dollar General, and Walgreens, ensuring consistent traffic and customer flow. The lease includes four 5-year options, providing long-term stability and predictable returns for the investor. This is a rare opportunity to acquire a high-performing, well-located restaurant property with a nationally recognized brand.
Property Profile Location Intelligence

Current Use by Public Records

Texas Roadhouse Restaurant

Suggested Use

Restaurant Real Estate Agency Law Firm Building Supply Spa & Massage Center Dental Office Big Box & Wholesale Store Auto Repair Shop Hair Salon Nail Salon

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

Location Insight

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  • Local Demand
City
Clovis
County
Curry
State
New Mexico
Longitude
-103.1999459
Latitude
34.4344994

FAQs

What type of property is this?
Retail property - High-Yield Restaurant Property, NNN Lease
Where is this retail property located?
The property is located at 512 Llano Estacado Blvd Clovis, NM.
What is the asking price?
The asking price for this property is $2,500,000.
What are key features of this property?
This property features: 7,831 SF building on a 2.06-acre lot.; Built in 2023.; Located NW of North Plains Mall & Clovis Shopping Center (Albertson's & Hobby Lobby).
(505) 292-9607 Call to check price and availability
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