• Broker Christopher Maling 2136183824
  • Broker David Maling 2134531770

IHOP Restaurant 813 E Pine St 4,010 SF Retail Building Deming, NM 88030 $749,000 ($186.78/SF) 8.81% Cap Rate

View Photo

INVESTMENT HIGHLIGHTS

  • ±4,010 SF building on ±42,372 SF of fee simple land
  • High traffic counts on Interstate 10 - approx. 16,764 VPD
  • Operated as an IHOP by a multi-unit franchisee

EXECUTIVE SUMMARY

Avison Young is pleased to present the opportunity to acquire the single-tenant IHOP on fee simple land located at 813 East Pine Street in Deming, New Mexico. The subject property is located in a popular shopping plaza immediately off of Interstate 10
and Highway 180, two main thoroughfares in New Mexico. IHOP currently has 14 years remaining on the lease with two, five-year options to exercise. This is an excellent opportunity to acquire a stable investment occupied by a reputable national tenant.

ATTACHMENTS

813 E Pine Street Deming NM - OM

PROPERTY FACTS

Sale Type
Investment NNN
Property Type
Retail
Property Subtype
  • Restaurant
  • General Retail Freestanding
Restaurant
Building Size
4,010 SF
Year Built
2013
Price
$749,000
Price Per SF
$186.78
Cap Rate
8.81%
NOI
$65,987
Tenancy
Single
Building Height
1 Story
Building FAR
0.09
Lot Size
0.99 AC

LINKS

  • Offering Memorandum

TRAFFIC

COLLECTION STREET CROSS STREET TRAFFIC VOLUME YEAR Distance
East Pine Street East Spruce Street, E 11,231 2023 0.04 mi
East Spruce Street East Pine Street, NE 2,561 2023 0.08 mi
E Spruce St San Carlos St, W 2,326 2023 0.10 mi
South Columbus Road East Hemlock Street, S 376 2023 0.10 mi
East Spruce Street San Carlos St, W 2,311 2025 0.10 mi
East Pine Street East Spruce Street, W 11,231 2023 0.11 mi
E Cedar St I- 10 Business Lp, SW 2,208 2020 0.11 mi
East Pine Street North Pearl Street, W 11,231 2023 0.12 mi
East Hemlock Street South Sierra Street, E 376 2023 0.13 mi
East Hemlock Street South Sierra Street, W 376 2023 0.13 mi

NEARBY MAJOR RETAILERS

IHOP
Denny's
Blake's Lotaburger

PROPERTY TAXES

Parcel Number 3050137469495 Improvements Assessment $111,149
Land Assessment $55,518 Total Assessment $166,667

MAP

ADDITIONAL PHOTOS

View Photo Deming 3
View Photo Deming 4
View Photo Deming 1
View Photo Deming 1a
  • Listing ID: 31054824

  • Date on Market: 2/26/2024

  • Last Updated: 5/29/2025

  • Address: 813 E Pine St, Deming, NM 88030

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