Applebee's | 135 US 550
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Applebee's 135 US 550
5,500 SF Retail Building Bernalillo, NM 87004 $1,860,000 ($338/SF) 5.50% Cap Rate
Investment Highlights
- Prime Location
- Long-Term Lease
- Modern Building
- Strong Tenant
- High-Traffic Area
- Economic Growth
Executive Summary
Single tenant absolute net investment opportunity available for sale. Contact broker for details.
Property Facts
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Restaurant
Building Size
5,500 SF
Building Class
B
Year Built
2016
Price
$1,860,000
Price Per SF
$338
Cap Rate
5.50%
NOI
$102,300
Tenancy
Single
Building Height
1 Story
Building FAR
0.09
Lot Size
1.37 AC
Zoning
C-1
Parking
75 Spaces (13.64 Spaces per 1,000 SF Leased)
Frontage
69 FT on U.S. 550
Nearby Major Retailers
PROPERTY TAXES
| Parcel Number | 1-020-073-134-478 | Improvements Assessment | $317,545 |
| Land Assessment | $109,983 | Total Assessment | $427,528 |
PROPERTY TAXES
Parcel Number
1-020-073-134-478
Land Assessment
$109,983
Improvements Assessment
$317,545
Total Assessment
$427,528
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Applebee's | 135 US 550
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