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Carl's Jr | Absolute NNN Lease | Low Price Point

829 S White Sands Blvd Alamogordo, NM 88310

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Overview

Single-Tenant Carl’s Jr - Absolute NNN Lease

Fee Simple (Land + Building)

Multi-unit franchisee with 14 locations

Original 20-year lease with about 7 years remaining• Scheduled rental increases (next increase 2/1/2028)• (4) 5-year options to extend

Low Price Point• Replaceable and low rent• NOI: $90,279.36

Absolute NNN Lease• Zero landlord responsibilities

Building Size: +/-2,450 Sq. Ft.Land Size: +/- 0.45 Acres

Excellent real estate fundamentals• Fronts on White Sands Blvd with over 23,000 VPD• Located near the intersection of Hwy 70 and Hwy 54• Nearby retailers include Walmart, KFC, Buffalo Wild Wings, Del Taco, Denny’s, Starbucks, and Wendy’s

High visibility location with large pylon sign

Alamogordo is home to Holloman Air Force Base and White Sands National Monument

For Sale

Investment
Retail

Secondary Uses: Free Standing, Retail-Pad, Restaurant

Sale Price
$1,289,700
Price Per SF
$526.4/SF
Cap Rate
7%
Building Size
2,450 SF
Acres
0.45 ac
Net Operating Income
$90,279.36
Building Name
Carl's Jr
Has Drive Thru
Yes
County
Otero
Created
2025-10-28
Updated
2025-10-28
Listing ID
fa634eb6
Parcel APN
01N4055095100304

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