3619 NW County Rd - Fast Food FOR SALE
Hobbs, NM 88240 |
$1,980,000 USD
602-770-7145
3619 NW County Rd
Hobbs, NM 88240
HIGHLIGHTS
- Over 8 years remaining on initial 15-year NN lease with attractive 10% rental escalations every 5 years with three 5-year renewal options
- Guaranteed by Best Choice Restaurants - 63-unit McAlister’s Deli operator & a subsidiary of Sun Holdings, Inc
- OPERATOR | TENANT - Sun Holdings, Inc. is the 3rd largest franchisee company in the U.S. operating over 1,500 restaurants
- HIGH TRAFFIC COUNTS/VISIBILITY - Positioned in a dominant retail corridor on a large ±1.45-acre parcel on a signalized/ hard corner
- traffic counts of 29,463 CPD!
- 2023 VERY AFFLUENT DEMOGRAPHICS: Total Population (5-MI): 47,422 | Average Household Income (1-MI): $180,889
FOR SALE DETAILS
PRICE
$1,980,000 USD
PRICE/SF
$547 USD /SF
CAP RATE
7%
% LEASED
-
TENANCY
Single
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
MCALISTER'S DELI - HOBBS, NM
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Fast Food
ADD'L SUBTYPES
Bank, Restaurant, Storefront
TOTAL BUILDING SIZE
-
STORIES
1
YEAR BUILT
2018
SPRINKLERS
-
PARKING SPACES
-
LAND DETAILS
LAND ACRES
1.45 AC
LAND SF
63,162 SF
ZONING
C
APN/PARCEL ID
4000014000001,4000071580001
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602-770-7145
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602-770-7145
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