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1000 Juan Tabo Blvd NE
Albuquerque, NM 87112
Peter Piper Pizza Investment Offering · Retail Property For Sale

PROPERTY FACTS

Property Type
Retail
Property Subtype
Restaurant
Building Size
8,200 SF
Year Built
2018
Tenancy
Single
Building Height
1 Story
Building FAR
0.18
Lot Size
1.06 AC
Frontage
100’ on Juan Tabo

ABOUT 1000 JUAN TABO BLVD NE , ALBUQUERQUE, NM 87112

• Stable Passive Income: Ground Lease. Located in the Northeast Heights of Albuquerque New Mexico, with strong demographics and high traffic counts. • 15 Year Term, Lease commenced November 2017. • Highly Desired Area, with several new developments nearby Trade Area Overview North East Heights Submarket- with I-40 access and Juan Tabo and primary arterial to the Sandia Tech Park, the Sandia National Lavatories, and Kirkland Air Force Base. Surrounded by regional retailers, Albertsons, Target, Best Buy, Pizza Hut, Hobby Lobby, Starbucks This property was just recently developed in 2017, as part of Peter Pipers plans to capture and under-served growing sub-market. Peter Pipers is an Arizona-based pizza chain with locations in Arizona, California, Florida, New Mexico, Texas, Oklahoma, Nevada, and Mexico, and formerly in Colorado, Utah, and Michigan. Restaurants usually have a large dining area that adjoins a game room with playground equipment and classic arcade games. Lease Guaranteed by parent company, CEC Entertainment, Inc., a Kansas Corporation. CEC Entertainment, Inc. develops, operates, and franchises family dining and entertainment centers (venues) under the names of Chuck E. Cheese’s and Peter Piper Pizza in the United States and internationally. T. As of January 1, 2017, the company had 747 venues, including 559 company-operated venues in 44 states and Canada; and 188 franchisees operated venues in 16 states, and 11 foreign countries and territories, including Chile, Colombia, Guam, Guatemala, Mexico, Panama, Peru, Puerto Rico, Saudi Arabia, Trinidad & Tobago, and the United Arab Emirates. The company was formerly known as ShowBiz Pizza Place, Inc. and changed its name to CEC Entertainment, Inc. in 1998. CEC Entertainment, Inc. was founded in 1977 and is headquartered in Irving, Texas. As of February 14, 2014, CEC Entertainment, Inc. operates as a subsidiary of Queso Holdings Inc.

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
1-022-058-018094-3-05-05
Land Assessment
$112,057
Improvements Assessment
$283,684
Total Assessment
$395,741
  • Listing ID: 11745034

  • Date on Market: 2/27/2018

  • Last Updated:

  • Address: 1000 Juan Tabo Blvd NE, Albuquerque, NM 87112

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