Listed by SURMOUNT
$1,000,000
Arby's
Details
Property Type Retail
Sub Type QSR/Fast Food, Restaurant
Square Footage 2,500
Cap Rate 5.46%
NOI $54,647
Occupancy 100%
Tenancy Single
Brand/Tenant Arby's
Lease Type NNN
Lease Term 15
Lease Expiration 02/28/2031
Remaining Term 4.7
Rent Bumps Yes
Lease Options 4, 5- Year Options
Year Built 1991
Acreage 1.000
Tenant Credit Franchisee
Lease Commencement 02/17/2016
Ground Lease No
Ownership Fee Simple
About This Property
Marketing description
Surmount is pleased to present the exclusive listing for an Arby's located at 1711 7th Street, Las Vegas, NM 87701. The site consists of roughly 2,500 rentable square feet of building space on an estimated 1-acre parcel of land. Arby's is subject to a 15-year Triple Net (NNN) lease, which commenced 2/17/2016. The current annual rent is $54,647 and has scheduled increases of 5.00% Every 5 Years.
Investment highlights
- Long-Term Lease Term | Arby's operates under a 15-year NNN lease, providing stable income backed by a nationally recognized quick-service restaurant brand.
- Passive Ownership Structure | The Triple Net lease structure minimizes landlord responsibilities and provides a predictable investment profile.
- Signalized Hard Corner Location | The property occupies a prominent corner along 7th Street and Mills Avenue, benefiting from strong visibility and accessibility.
- National Retail Presence | Surrounding retailers include Walmart, Walgreens, O'Reilly Auto Parts, Dollar Tree, Harbor Freight, Verizon, and Wendy's.
- Scheduled Rent Growth | The lease features 5.00% rent increases every five years, creating contractual income growth throughout the remaining lease term.
- Established Operating Location | The property has operated as an Arby's location since 2016, demonstrating a long-term commitment to the Las Vegas market.
- Strong Traffic Counts | The site benefits from exposure to more than 16,000 vehicles per day along 7th Street, a primary commercial corridor.
- University Influence | New Mexico Highlands University enrolls approximately 2,700 students and provides a consistent source of consumer activity.
Listing Contacts
Listed by SURMOUNT
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$54,647.00
$4,553.92/mo
Valuation Metrics
0
DSCR
5.46%
Cap Rate
5.46%
ROI
Map
Zoning
C-3 CommercialGeneral CommercialGeneral Commercial
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View all 81 uses Last updated May 8, 2026 For deeper zoning details, reports are available at Zoneomics
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