Back to Search
Retail For Sale
NNN Investment Opportunity
241 98th Street NW, Albuquerque, New Mexico 87121
Details
- Category Retail
- Type For Sale
- Sale Price $4,117,647
- CAP Rate 4.25%
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 ground lease structure provides for a passive investment
- 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