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SWC Coors Blvd. & St. Josephs Dr. NW
St Josephs Dr NW Albuquerque, NM 87120
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Overview
TENANT
Raising Cane’s
5 Locations in New Mexico
849 Locations Nationwide
Started in 1996
SALE PRICE
$4,117,647
CAP RATE
4.25%
RENT INCREASES
10% Increases Every 5 Years
LEASE TERM
15-Year Primary Term
RENEWAL OPTIONS
5 x 5-Year options
- A brand new lease, a newly constructed building, and rent appreciation combine for an ideal investment
- Long lease term with 10% increases every 5 years and continuing in option periods
- The ground lease structure provides for a passive investment
- The corporate Tenant ensures a stable cash flow from one of the nation's fastest-growing QSR franchises
Attachments
For Sale
Investment
- Sale Price
- $4,117,647
- Price Per SF
- $1.4K/SF
- Building Size
- 2,980 SF
- Acres
- 1.2937 ac
- Zoning
- NR-C
- Zoning Description
- Non Residential Commercial
- Building Name
- Quick Service Restaurant
- Submarket
- West Mesa
- Property Status
- Under Construction
- Vehicles Per Day
- 49,900 VPD
- County
- Bernalillo
- Created
- 2025-08-21
- Updated
- 2025-08-21
- Listing ID
- 46eb6fbd
- Parcel APN
- 101106023341221407