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Analyze more property details including ownership and financial history. Share advanced property insights with your clients and teams.
30092789
30092790

845 Juan Tabo Blvd NE, Albuquerque, NM 87123 For Sale

JC
CA 01008195
Faris Lee Investments
SD
CA 01889050, FL BK 3421401 (+2)
Faris Lee Investments
GL
01036131
Faris Lee Investments
Listed by Faris Lee Investments
$4,340,000
142 days on market
Updated 33 days ago

New El Pollo Loco 3-Tenant NNN w/ Drive-Thru

Details
APN 1-021-057-507515-1-19-22
Property Type Retail
Sub Type QSR/Fast Food, Restaurant (+1)
Square Footage 5,376
Cap Rate 6%
NOI $260,414
Brand/Tenant El Pollo Loco, Jamba (+1)
Price per SqFt $807
Year Built 2025
Stories 1
Acreage 0.690

Retail | 6.00% CAP | 5,376 SqFt

Investment highlights

  • 5,376 SF NNN retail property fully leased to El Pollo Loco, Jamba, and Xfinity/Comcast with drive-thru and fee simple ownership.
  • Prime hard-corner, signalized intersection with ±51K VPD featuring a freestanding drive-thru retail asset with strong visibility.
  • 100% leased with long-term NNN leases, providing passive management with tenants covering taxes, insurance, and CAM.
  • Leases include 10% rent escalations every 5 years, ensuring predictable income growth and long-term value.
  • Fee simple ownership of land and building with tax advantages, strong cash flow, and accelerated depreciation opportunities.
  • High-profile retail corridor at Juan Tabo & Lomas Blvd, Across from Albertson's, McDonalds and close proximity to Manzano High School.

Listing Contacts

JC
CA 01008195
Faris Lee Investments
SD
CA 01889050, FL BK 3421401 (+2)
Faris Lee Investments
GL
01036131
Faris Lee Investments
Listed by Faris Lee Investments

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Loan Amount
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Annual Debt Service
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Annual Cash Flow
$260,414.00
$21,701.17/mo

Valuation Metrics

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DSCR
6%
Cap Rate
6%
ROI

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