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1525 Coors Blvd NW
Albuquerque, NM 87121
Del Taco Ground Lease · Retail Property For Sale
Investment Highlights
- Absolute NNN Ground Lease with 11 Years Remaining
- Traffic Counts exceed 43,000 Vehicles Per Day. Just off Interstate-40 (145,000 Vehicles Daily)
- Above Average Rent Increases of 16% Every 5-Years. Next Rent Increase is November 2021 – Cap Rate Will Increase to 5.50%
- Tenant is the Former CEO of QK Holdings, LLC which operated 120+ Denny’s & Del Taco’s. Tenant Just Signed 10-Year Extension
- Population of Over 215,000 Within a 5 Mile Radius and an Average Household Income Exceeding $66,000 Per Year
- 14 minutes from Albuquerque International Airport
Property Facts
Property Type
Retail
Property Subtype
Fast Food
Building Size
2,262 SF
Building Class
C
Year Built
2002
Tenancy
Single
Building Height
1 Story
Building FAR
0.06
Lot Size
0.80 AC
Zoning
C-2
Frontage
201’ on Coors Blvd
Amenities
- Pylon Sign
- Signage
- Drive Thru
Property Taxes
| Parcel Number | 1-011-059-097025-3-01-01 | Improvements Assessment | $108,341 |
| Land Assessment | $85,805 | Total Assessment | $194,146 |
Property Taxes
Parcel Number
1-011-059-097025-3-01-01
Land Assessment
$85,805
Improvements Assessment
$108,341
Total Assessment
$194,146
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