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EL JIMADOR RESTAURANT 4300 Coors Blvd SW 1,910 SF Retail Building Albuquerque, NM 87121 $595,000 ($311.52/SF) 8.07% Cap Rate
INVESTMENT HIGHLIGHTS
- Dense Population: ±57,000 residents within a 3-mile radius and ±118,000 residents within a 5-mile radius.
- Brand New Lease: El Jimador is on a brand-new 5-year absolute triple-net lease (NNN). There is also one 5-yr option. Rent to commence September 2025.
- Recent Improvements: Property has had the following improvements done: New 3.5 Ton HVAC unit installed at the end of 2022, Roof repairs (2022)
- High Traffic Counts: Located right on Coors Blvd SW this property benefits from ±27,600 cars per day providing high exposure.
- Above Market Rent Increases: 4% annual rent increases act as a hedge against inflation while also increasing your cash flow.
EXECUTIVE SUMMARY
Brian Brockman
License No. 9568 (NM)
(866) 889-0550
Matthews Real Estate Investment Services, Inc
1600 West End,
Ste. 1500 Nashville, TN 37203
License No. 9568 (NM)
(866) 889-0550
Matthews Real Estate Investment Services, Inc
1600 West End,
Ste. 1500 Nashville, TN 37203
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Property Subtype
Restaurant
Building Size
1,910 SF
Building Class
C
Year Built/Renovated
1979/2023
Price
$595,000
Price Per SF
$311.52
Cap Rate
8.07%
NOI
$48,000
Tenancy
Single
Building Height
1 Story
Building FAR
0.09
Lot Size
0.47 AC
Zoning
C-1 - Neighborhood Commercial Zone, per Bernalillo County.
Parking
20 Spaces (10.47 Spaces per 1,000 SF Leased)
Frontage
209’ on Coors Blvd
AMENITIES
- Pylon Sign
- Signage
- Drive Thru
MAJOR TENANTS
- TENANT
- INDUSTRY
- SF OCCUPIED
- RENT/SF
- LEASE END
- Coor's Cafe
- Retailer
- -
- -
- -
| TENANT | INDUSTRY | SF OCCUPIED | RENT/SF | LEASE END | ||
| Coor's Cafe | Retailer | - | - | - |
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 1-010-052-367502-1-09-06 | Improvements Assessment | $66,293 |
| Land Assessment | $29,697 | Total Assessment | $95,990 |
PROPERTY TAXES
Parcel Number
1-010-052-367502-1-09-06
Land Assessment
$29,697
Improvements Assessment
$66,293
Total Assessment
$95,990
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EL JIMADOR RESTAURANT | 4300 Coors Blvd SW
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