9600 Universe NW Blvd Albuquerque, NM 87114-6482
Property profile & analytics
9600 Universe NW Blvd Albuquerque, NM 87114-6482
- Drive through restaurants
- 954 SF
- 0.94 lot acres
Property ID
US61-0017585
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
- Dutch Bros Coffee / Cafe & Coffee Shop
Property Details for 9600 Universe NW Blvd
- Year built
- 2022
- Lot size
- 0.94 lot acres
- Property size
- 954 SF
- Property type
- Drive through restaurants
- APN
- 1-010-065-017-049-3-06-11
- APU
- 101006501704930611
Description
This exceptional investment opportunity presents a fee-simple interest in a Dutch Bros Coffee shop located at 9600 Universe Blvd NW, Albuquerque, NM 87114. The property, built in 2022, boasts 950 square feet and sits on a 1-story building. Currently operating at 100% occupancy, the property features a 12.5-year remaining lease term under an Absolute NNN lease structure, eliminating management responsibilities. The annual Net Operating Income (NOI) is $115,500, representing a compelling 5.50% capitalization rate. This represents a lower-than-average rent for comparable fee-simple Dutch Bros. properties, which average approximately $130,800 annually. The strong financial performance is further supported by Dutch Bros Coffee's robust growth trajectory, with revenue exceeding $913 million in 2023 and projected to reach $1.23 billion in 2024. The location benefits from affluent demographics, with approximately 66,464 residents and an average household income of $119,770 within a 3-mile radius. Daily traffic is substantial, with approximately 14,000 vehicles passing on Universe Blvd daily and a workday population of approximately 39,943 employees within a 3-mile radius. The property's strategic location within a strong retail corridor, adjacent to Walgreens, Dollar Tree, Subway, Blake's LotaBurger, and Taco Bell, contributes to its high visibility and accessibility. Annual consumer retail spending within a 3-mile radius totals approximately $635.2 million. The area also benefits from a significant student population, with four elementary/middle schools and Volcano Vista High School nearby. Central New Mexico Community College West campus is also within close proximity. This is a rare opportunity to acquire a high-performing, low-management, fee-simple investment property backed by a strong corporate guarantee. Asking price is $2,100,000.
Value Estimations
based on Realmo’s proprietary methodology
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Alternative Use
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Location Insight
- Map
- Local Demand
- City
- Albuquerque
- County
- Bernalillo
- State
- New Mexico
- Longitude
- -106.727
- Latitude
- 35.1901
- 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
$6,105
$68,010
$59,236
$127,246
-
$204,049
$177,727
$381,776
