4300 Coors SW Blvd Albuquerque, NM 87121-5324
Property profile & analytics
4300 Coors SW Blvd Albuquerque, NM 87121-5324
- Turn key restaurants
- 1,611 SF
- 0.47 lot acres
Property ID
US61-0116534
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
Location Intelligence
Current Use by Public Records
- Juan Diego’s Mexican Food / Restaurant
Property Details for 4300 Coors SW Blvd
- Year built
- 1979
- Lot size
- 0.47 lot acres
- Property size
- 1,611 SF
- Property type
- Turn key restaurants
- APN
- 1-010-052-367-502-1-09-06
- APU
- 101005236750210906
Description
This exceptional investment opportunity presents the fee simple interest in a thriving Albuquerque restaurant. The 1,650 square foot, single-story building, constructed in 1979 and fully renovated in 2023, sits on a 0.47-acre lot and is currently 100% occupied by Juan Diego's Mexican Food under a 15.2-year absolute triple net (NNN) lease commencing January 1, 2024, and expiring March 20, 2039. The lease features a substantial remaining term of 14.3 years and includes a 10% rent increase every five years, ensuring consistent income growth. The property boasts a strong net operating income (NOI) of $66,000, resulting in a compelling 10.15% cap rate and a price per square foot of $393.94. Located at 4300 Coors Blvd SW, Albuquerque, NM 87105, in a C-1 zoned area, this property benefits from high visibility on Coors Blvd, with approximately 20,000 vehicles passing daily. Its proximity to the Las Estancias retail center further enhances its appeal. The land value alone is $439.40 per square foot. This is a secure, long-term investment with significant growth potential in a prime location, offering a proven operator with over 20 years of experience in the restaurant industry. The tenant, Juan Diego's Mexican Food, is a family-run establishment known for its authentic Mexican cuisine and strong customer base. The property offers a rare combination of long-term stability, strong cash flow, and significant upside potential.
Value Estimations
based on Realmo’s proprietary methodology
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AI approach
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CAP approach
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Comparable approach
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Alternative Use
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Location Insight
- Map
- Local Demand
- City
- Albuquerque
- County
- Bernalillo
- State
- New Mexico
- Longitude
- -106.716
- Latitude
- 35.0139
- CBSA code
- 10740
- CBSA name
- ALBUQUERQUE, NM METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$2,599
$29,697
$29,661
$59,358
-
$89,100
$88,992
$178,092
