Del Taco
Drive-Thru | 16% Rent Increases
Marketing description
The property is under an absolute triple-net ground lease, offering investors passive income with no landlord responsibilities. The lease features 16% rent increases every 5-years, providing for a great hedge against inflation and future value generation.
Positioned along Coors Blvd NW, the property benefits from traffic counts exceeding 43,800 vehicles per day and frontage along a major Albuquerque retail corridor.
Albuquerque is the largest city in New Mexico with more than 900,000 residents and average household income exceeding $98,000, providing a broad consumer base for retail and restaurants.
Positioned among a concentration of national retailers such as Walmart Supercenter, Home Depot, Dutch Bro's, Jersey Mike's, and more. The surrounding trade area is also supported by multiple nearby hotels, further enhancing daily traffic and reinforcing the site's long-term retail viability.
Investment highlights
- Absolute NNN Ground Lease With 16% Rent Increases - The property is under an absolute triple-net ground lease, offering investors passive income with no landlord responsibilities. The lease features 16% rent increases every 5-years, providing for a great hedge against inflation and future value generation.
- High-Traffic Coors Boulevard Location - Positioned along Coors Blvd NW, the property benefits from traffic counts exceeding 43,800 vehicles per day and frontage along a major Albuquerque retail corridor.
- Dense Albuquerque Trade Area - Albuquerque is the largest city in New Mexico with more than 900,000 residents and average household income exceeding $98,000, providing a broad consumer base for retail and restaurants.
- Strong Retail Synergy from Nearby National Tenants - Positioned among a concentration of national retailers such as Walmart Supercenter, Home Depot, Dutch Bro's, Jersey Mike's, and more. The surrounding trade area is also supported by multiple nearby hotels, further enhancing daily traffic and reinforcing the site's long-term retail viability.
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