About This Restaurant
Investment Highlights
New Construction Site w/ 10 Year Net Lease w/ 10% Rental Increases Every 5 Years Property has 19,000+ People Within 3 Miles & the Average HH Income is $86,483 Starbucks (S&P BBB+) is Largest Specialty Coffee Retailer in the World Subject Property Located Near Major I-40 Hwy (30,500+ VPD) and Right Off of Historic U.S. Route 66 (17,000+ VPD) Near O?Reilly Auto Parts, Walgreens, Albertsons, and Champion Xpress Carwash Gallup | Most Populous City Between Flagstiff & Albuquerque | Population: 21,495+
Executive Summary
Property Details
- Sale Type Investment
- Property Type Retail
- Property Subtype Fast Food Fast Food General Retail Freestanding General Retail Restaurant General Retail Storefront Fast Food
- Building Size 2,200
- Year Built 2023
- Price 2,444,444
- Price Per SF 1,111
- Cap Rate 6.75
- NOI 165,000
- Tenancy Single
- Building Height 1 Story
- Building FAR 0.03
- Land Acres 1.58 AC
Property Taxes
| Parcel Number | R140856 | Improvements Assessment | $113,480 |
| Land Assessment | $206,518 | Total Assessment | $319,998 |
| Date Created: | 2024-07-16 04:17:59 | Last Updated: | 2024-07-16 04:17:59 |
| Address: | 190 Will St , Gallup, New Mexico, 87301 | ||