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Former Denny's Owner-User / Turnkey 60 State Road 344 4,701 SF Retail Building Edgewood, NM 87015 $1,395,000 ($296.75/SF)
Investment Highlights
- 4,701 square foot former Denny’s Freeway on/off ramp—pad to Walmart
- Surrounding National Tenants Walmart, O'Reilly, Dairy Queen, Walgreens, McDonald's
- $80,089 Average 3-Mile Income
- ATM Lease in place
- Built in 2015
Executive Summary
Available 4,701 Square Foot Former Denny’s Restaurant Built in 2015. Fully turnkey restaurant, full kitchen hood, refrigerator & freezer, booths, tables etc. Pad Site for Walmart Located on Hard Corner of Church Street and State Road with Traffic Counts of 23,226 VPD. Large 1.14 Acre Parcel, Located on Freeway off/on Ramp I-40 22,037 VPD.
Site has ATM lease through June 30, 2025 producing annual rent of $3,018.00.
Site has ATM lease through June 30, 2025 producing annual rent of $3,018.00.
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Building Size
4,701 SF
Year Built
2015
Price
$1,395,000
Price Per SF
$296.75
Tenancy
Single
Building Height
1 Story
Building FAR
0.09
Lot Size
1.14 AC
Zoning
CB
Nearby Major Retailers
Property Taxes
| Parcel Numbers | Improvements Assessment | $653,319 | |
| Land Assessment | $188,858 | Total Assessment | $842,177 |
Property Taxes
Parcel Numbers
Land Assessment
$188,858
Improvements Assessment
$653,319
Total Assessment
$842,177
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Former Denny's Owner-User / Turnkey | 60 State Road 344
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