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Investment For Sale
NNN Investment Opportunity
241 98th Street NW, Albuquerque, New Mexico 87121
Details
- Category Investment
- Type For Sale
- Sale Price $3,500,000.00
- CAP Rate 5.0%
- NOI $175,000
Description
- Brand-new lease and newly-constructed improvements combine with scheduled rent growth to create a compelling long-term investment
- Long-term lease features 10% rent increases every five years, continuing throughout the option periods
- The absolute NNN lease structure has no landlord responsibilities and allows for the investor to depreciate the building
- Corporate-backed Chipotle Mexican Grill provides reliable cash flow from one of the nation’s leading fast-casual restaurant brands
Documents
Listing Advisors
Retail, Investment Properties & Land & Industrial
Brett Hills
- Direct505.998.1648
- Office505.878.0001
- Mobile505.263.1781
- Emailbrett@sunvista.com
