3095 W Historic Hwy - Restaurant FOR SALE
Gallup, NM 87301 |
$1,716,000 USD
512-768-0380
3095 W Historic Hwy
Gallup, NM 87301
HIGHLIGHTS
- Long Term 15-Year Sale Leaseback With Zero Landlord Responsibilities
- Healthy Hedge Against Inflation With 10% Rent Increases Every 5 Years
- Emerge Inc is an Award Winning and Growing Operator With 185-Units Across Four Brands (40+ Unit Guaranty)
- Strong Sales Performance With Healthy Rent to Sales Ratio (Inquire For Details)
- 1-Mile From Gallup Municipal Airport, a General Aviation Facility That Covers an Area of 359 Acres
- 0.5-Miles From Hwy 40; a Major East-West Transcontinental Interstate That Spans 2,557 Miles; the Third-Longest Interstate Highway
OVERVIEW
Sands Investment Group is Pleased to Exclusively Offer For Sale the 1,760 SF Taco Bell Located at 3095 West Historic Highway 66 in Gallup, NM. This Deal Includes a Long Term 15-Year Sale Leaseback With Zero Landlord Responsibilities and a Healthy Hedge Against Inflation With 10% Rent Increases Every 5 Years, Providing For a Secure Investment.
In Cooperation With Sands Investment Group - Lic. #9623 BoR: Andrew Ackerman - Lic. NM #20310
FOR SALE DETAILS
PRICE
$1,716,000 USD
PRICE/SF
$975 USD /SF
CAP RATE
5%
% LEASED
-
TENANCY
Single
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
Taco Bell - Gallup, NM (W Hwy 66)
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Restaurant
ADD'L SUBTYPES
Fast Food, Storefront, Storefront Retail/Office
TOTAL BUILDING SIZE
-
STORIES
1
YEAR BUILT
2000
SPRINKLERS
-
PARKING SPACES
-
LAND DETAILS
LAND ACRES
-
LAND SF
-
ZONING
-
APN/PARCEL ID
R145203
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512-768-0380
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512-768-0380
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