1446 Unser Blvd SE | Rio Rancho, NM 87124
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- LoopNet Team
1446 Unser Blvd SE
Rio Rancho, NM 87124
Denny's · Retail Property For Sale
Investment Highlights
- Over 18.5 years remaining on an absolute NNN lease – Zero landlord responsibilities.
- Award-winning Franchisee – Operator of the Year 1998; Developer of the Year 2001, 2010-2013, 2015-2017; Multiunit Franchise Operator of the Year
- Rare Drive Through Prototype – this store features a built-in drive-through which adds an additional level of service
- Attractive rental increases (10% Every 5 Years) – provides investors with a hedge against inflation.
- Sales significantly higher than Denny’s franchisee nationwide average. Annualized YTD store rent to sales ratio below 6%.
- Over the base term of the lease, the amount of cash flow a Buyer will receive is greater than the purchase price of the property.
PROPERTY FACTS
Property Type
Retail
Property Subtype
Restaurant
Building Size
4,651 SF
Building Class
C
Year Built/Renovated
2011/2021
Tenancy
Single
Building Height
1 Story
Building FAR
0.11
Lot Size
1.00 AC
Zoning
C-1
Parking
55 Spaces (10 Spaces per 1,000 SF Leased)
Frontage
176 FT on Unser Blvd
Amenities
- Bus Line
- Pylon Sign
PROPERTY TAXES
| Parcel Number | 1-011-068-391-120 | Improvements Assessment | $339,722 |
| Land Assessment | $90,760 | Total Assessment | $430,482 |
PROPERTY TAXES
Parcel Number
1-011-068-391-120
Land Assessment
$90,760
Improvements Assessment
$339,722
Total Assessment
$430,482
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