Los Lunas (Albuquerque), NM 87031

Starbucks

Property Address

Main Street Northeast & Hwy 47, Los Lunas, NM, USA

Offering Summary

  • Price: $2,447,900
  • Lot Size: .58 Acres
  • Cap Rate: 4.80%
  • Year Built: 2022
  • Building SF: 1,943
  • Status: Available
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  • New Construction with Drive-Thru – Brand New 10 Year Lease with Starbucks
  • Corporate Guaranty, Investment Grade Credit Tenant (S&P Rating: BBB+)
  • 10% Rental Increases Every 5 Years, with Four (4), 5-Year Options
  • Surrounded by Major National Retail and Restaurant Tenants - Walgreens, PetSmart, Ross, Big 5 Sporting Goods, Taco Bell, Burger King, Ace Hardware, AutoZone, Pizza Hut, and Many More
  • Grocery Anchored Outparcel Location Between 2 Major Supermarkets: Smith's Food and Drug & Albertsons Market
  • High Visibility Location Along Main Street NE at Intersection of Highway-47 and Highway-6 (More than 36,720 Cars per Day)
  • Less Than 10 Minutes from Central Los Lunas - Easily Accessible and Connected Location Along Highway-6
  • Direct Connection to Albuquerque International Sunport and Downtown Albuquerque via Highway-47

Broker Information