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20627083
20627082

60 NM-344, Edgewood, NM 87015

AF
CA 1370795
Belco Development & Investments
Listed by Belco Development & Investments
$1,495,000
573 days on market
Updated 98 days ago

Former Denny's

Details
APN 099304369
Property Type Retail
Sub Type QSR/Fast Food, Restaurant (+1)
Square Footage 4,701
Net Rentable (SqFt) 4,701
NOI $3,018
Tenancy Vacant
Broker Co-Op Yes
Year Built 2015
Buildings 1
Stories 1
Acreage 1.140
Investment Type Core+
Occupancy Date 12/15/2024
Ownership fee

Restaurant / Retail | 4,701 SF FF&E Turnkey

Marketing description

Available 4,701 Square Foot turnkey Former Denny’s Restaurant Built in 2015. Full restaurant kitchen ready to go, hood, walk-in refrigerator & Freezer, booths tables & chairs. Pad Site in Walmart supercenter Located on Hard Corner of Church Street and State Road with Traffic Counts of 23,226 VPD. Large 1.14 Acre Parcel, Located on Freeway off/on Ramp I-40 22,037 VPD. 4,701 SF FF&E, Turnkey

Site has ATM lease through June 30, 2025 producing annual rent of $3,018.00.

Excellent Location - Busy Signalized Intersection on State Road 344

Primary Hard Corner PAD to Walmart Supercenter - Excellent Street Visibility

Strategically Located Right Off I-40 Freeway - Regional Draw Traffic Draw

Investment highlights

4,701 square foot formers Denny’s Freeway on/off ramp—pad to Walmart.

• Traffic Counts 23,226 VPD

• ATM Lease in place

• New Build (2015) 1.14 Acre Parcel

• $80,089 Average 3 mile income

• 10,838 Population 5 mile

• Surrounding National Tenants Walmart, O'Reilly, Dairy Queen, Walgreens, McDonald's

• Corner Location

• Main Retail Trade Area for Community

Listing Contacts

AF
CA 1370795
Belco Development & Investments
Listed by Belco Development & Investments

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$
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$3,018.00
$251.50/mo

Valuation Metrics

0
DSCR
0.2%
Cap Rate
0.2%
ROI

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Additional Information

Name
Brian Brockman
License
License #: 20241
Brokerage
Bang Realty-New Mexico Inc
Brokerage Phone
513-898-1551
Title
Broker of Record
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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