615 S White Sands Blvd
Alamogordo, NM 88310
Pizza Hut - WingStreet · Retail Property For Sale

Marcus & Millichap is pleased to offer the opportunity to acquire a 3,780-square foot freestanding Pizza Hut location with an absolute net lease in Alamogordo, New Mexico. The lease has a strong franchisee guarantee from La Raza Pizza, Inc. operator of more than 60 Pizza Hut locations across Indiana, Texas, and New Mexico. Twelve years remain on the primary term, and the lease has 5 percent rent escalations scheduled every five years including at the beginning of each of two renewal option periods. Originally constructed in 1972, the building is situated on 2.66 acres. The subject property is located on the east side of South White Sands Boulevard, the major north/south thoroughfare in the city. Traffic counts are approximately 40,400 vehicles per day. The property is just south of Walmart Supercenter. Other neighboring national and regional retailers include Staples, Sonic Drive-In, Little Caesars Pizza, Economy Inn, Subway, AT&T, Papa John’s, Arby’s, Wendy’s, Check ‘n Go, McDonald’s, Burger King, Domino’s Pizza, Denny’s, Del Taco, Aaron’s Buffalo Wild Wings, Verizon, Days Inn, Magnuson Hotel, and Quality Inn & Suites. Alamogordo, a city in the Tularosa Basin of the Chihuahuan Desert, is bordered on the east by the Sacramento Mountains and to the west by Holloman Air Force Base, home to the MQ-1 Predator and the MQ-9 Reaper remotely piloted aircraft, 49th Fighter Wing, 46th Test Group, allied fighter pilot training missions, and the German Air Force Flying Training Center. White Sands National Monument, the world’s largest gypsum dune field, is located 20 minutes west of the city and draws over 500,000 visitors annually.