813 Pine St Deming, NM 88030

This exceptional investment opportunity features a 4,010-square-foot IHOP restaurant in Deming, New Mexico. Located at 813 E Pine St, this single-tenant, net-lease property sits on approximately 42,372 square feet of fee-simple land and boasts a strong 8.81% cap rate with a current NOI of $66,000. The building, constructed in 2013, enjoys 100% occupancy with a credit-rated tenant under a lease with 14 years remaining, plus two five-year options. The property benefits from its prime location in a busy shopping plaza directly off Interstate 10 and Highway 180, two major New Mexico thoroughfares, experiencing high traffic volume (approximately 16,764 vehicles per day on I-10). This strategic location is further enhanced by its proximity to numerous national retailers, including T-Mobile, AutoZone, Wendy's, Walmart, Subway, Dollar Tree, KFC, Verizon, O'Reilly Auto Parts, Tractor Supply, and Burger King. The asking price is $749,000, translating to $186.78 per square foot. This presents a stable, high-return investment opportunity anchored by a well-known national brand. The property's APN is 3051137483492. This is a rare chance to acquire a proven, income-generating asset in a desirable location.