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Little Caesars 3125 Coors Blvd SW 1,330 SF Retail Building Albuquerque, NM 87121 $1,565,217 ($1,176.85/SF) 5.75% Cap Rate
INVESTMENT HIGHLIGHTS
- Brand New 20-Year NNN Lease
- Scheduled 10% Rent Increases Every 5 Years
- Strong Operator with 400+ Locations
- Dense Surrounding Retail Corridor
EXECUTIVE SUMMARY
Surmount is pleased to present the exclusive listing for a Little Caesars located at 3125 Coors Blvd SW, Albuquerque, NM 87121. The site consists of roughly 1,330 rentable square feet of building space on an estimated 0.58-acre parcel of land. This Little Caesars is subject to a 20-year Triple Net (NNN) lease which will commence upon close of escrow. The annual rent will be $90,000 and has scheduled increases of 10.00% every 5 years.
PROPERTY FACTS
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Restaurant
Building Size
1,330 SF
Building Class
C
Year Built
2025
Price
$1,565,217
Price Per SF
$1,176.85
Cap Rate
5.75%
NOI
$90,000
Tenancy
Single
Building Height
1 Story
Building FAR
0.06
Lot Size
0.52 AC
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 1-010-054-407014-4-01-08 | Improvements Assessment | $1,966 |
| Land Assessment | $24,331 | Total Assessment | $26,297 |
PROPERTY TAXES
Parcel Number
1-010-054-407014-4-01-08
Land Assessment
$24,331
Improvements Assessment
$1,966
Total Assessment
$26,297
CONTACTS
-
Glen Kunofsky -
James Westerberg -
Amelia Haydock -
Gordon Pollock -
Christopher Marks -
Surmount
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Little Caesars | 3125 Coors Blvd SW
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