914 E Highway 66 - Fast Food FOR SALE
Gallup, NM 87301 |
$3,300,000 USD
512-768-0380
914 E Highway 66
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)
- 0.5-Miles From Hwy 40; a Major East-West Transcontinental Interstate That Spans 2,557 Miles
- Located on Hwy 66; the Main Throughfare Through Gallup
OVERVIEW
Sands Investment Group is Pleased to Exclusively Offer For Sale the 2,842 SF Taco Bell Located at 914 East Highway 66 in Gallup, NM. This Deal Includes a Long Term 15-Year Sale Leaseback With Zero Landlord Responsibilities and 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
$3,300,000 USD
PRICE/SF
$1,161 USD /SF
CAP RATE
5%
% LEASED
-
TENANCY
-
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
Taco Bell - Gallup, NM (E Hwy 66)
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Fast Food
ADD'L SUBTYPES
Restaurant, Storefront, Storefront Retail/Office
TOTAL BUILDING SIZE
-
STORIES
1
YEAR BUILT
2000
SPRINKLERS
-
PARKING SPACES
-
LAND DETAILS
LAND ACRES
0.83 AC
LAND SF
36,155 SF
ZONING
-
APN/PARCEL ID
R187933
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512-768-0380
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512-768-0380
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