1335 Grand Ave - Fast Food FOR SALE


Las Vegas, NM 87701
$1,335,722 USD
707-953-8932
1335 Grand Ave, Las Vegas, NM for Sale
$1,335,722 USD
Fast Food - FOR SALE
1/2
null | 6.5% Cap Rate

1335 Grand Ave
Las Vegas, NM 87701


HIGHLIGHTS

  • Opportunity for significant amount of additional income through percentage rent.
  • Well-located property featuring a 3,600 square foot building on a 0.62-acre lot.
  • 12 years remaining on absolute NNN lease with a successful Burger King franchisee.
  • Highly visible location, offering convenience and accessibility for customers.

OVERVIEW

This Burger King property is located in the thriving city of Las Vegas, New Mexico. This property presents an attractive investment opportunity with a nationally recognized tenant - Burger King, a leading quick-service restaurant chain. Situated on 0.62-acre lot, this property boasts a well-maintained building spanning 3,600 square feet, strategically positioned in a high-visibility location. There are currently 12 years remaining on the absolute NNN Lease.

FOR SALE DETAILS

PRICE

$1,335,722 USD

PRICE/SF

$371 USD /SF

CAP RATE

6.5%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Burger King

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Fast Food

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2016

SPRINKLERS

-

PARKING SPACES

32

LAND DETAILS

LAND ACRES

0.61 AC

LAND SF

26,678 SF

ZONING

C

APN/PARCEL ID

660034

ASK ABOUT THIS PROPERTY

Brendan LeeMountain West CommercialMore Info
707-953-8932

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Brendan LeeMountain West CommercialMore Info
707-953-8932

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.