Active

SWC Coors Blvd. & St. Josephs Dr. NW

St Josephs Dr NW Albuquerque, NM 87120

1 / 4

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

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

Placer Mobility Data