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The Nlag Advantage
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Los Lunas, NM 87031
Burger King & Jersey Mike's Ground Lease
Property Address
1640 Main Street Northwest, Los Lunas, NM, USA
Offering Summary
Price:
$1,625,000
Lot Size:
1.28
Year Built:
2018
Building SF:
2,800
Status:
CLOSED
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Absolute Triple-Net (NNN) Ground Lease with 18 Years Remaining
Multi-Unit Franchisee (15 Units)
10% Rental Increases Every 5 Years
One Parcel with Two Separate Buildings and Drive-Thrus
35,424 Residents in Growing Los Lunas Trade Area - Albuquerque MSA
Excellent Visibility Along Main Street NW - 25,000+ Cars/Day
Situated in Dense Retail Corridor - Lowes, The Home Depot, Walmart, Harbor Freight Tools, McDonald's, Planet Fitness, Walgreens, and More
Less Than 1 Mile Off the Interstate 25, Offering Direct Access to Albuquerque
Broker Information
Zack House
Agent
Phone Number:
602.687.6650
zhouse@marcusmillichap.com
Mark Ruble
Agent
Phone Number:
602.687.6766
mruble@marcusmillichap.com
Chris Lind
Agent
Phone Number:
602.687.6780
chris.lind@marcusmillichap.com
Jamie Medress
Agent
Phone Number:
602.687.6778
jmedress@marcusmillichap.com
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