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316 E Cedar St
Deming, NM 88030
Popeyes · Retail Property For Sale

INVESTMENT HIGHLIGHTS

  • 2023 Development Popeye's Store With 19+ Years on Primary Term
  • Attractive 7% Rental Increase Every 5 Years That Occurs Throughout Primary Term and Options
  • Located in a Dense Retail Corridor With Traffic Drivers Such as Tractor Supply, Walmart and Deming High School
  • Absolute NNN Lease Requiring Zero Landlord Responsibilities
  • Healthy 5-Mile Demographics With 19,000+ Residents and 1.3% Annual Population Growth
  • Frontage on I-10 and Cedar Street, Combining for 16,000+ in VPD Exposure

PROPERTY FACTS

Property Type
Retail
Property Subtype
Restaurant
Building Size
2,843 SF
Building Class
C
Year Built
2023
Tenancy
Single
Building Height
1 Story
Building FAR
0.07
Lot Size
0.92 AC
Zoning
GC - General Commercial
Parking
30 Spaces (10.55 Spaces per 1,000 SF Leased)
Frontage
97’ on E Cedar St

AMENITIES

  • Freeway Visibility
  • Restaurant
  • Signage
  • Drive Thru
  • Listing ID: 31999873

  • Date on Market: 6/3/2024

  • Last Updated:

  • Address: 316 E Cedar St, Deming, NM 88030

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