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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

PROPERTY TAXES

Parcel Number
1-011-068-391-120
Land Assessment
$90,760
Improvements Assessment
$339,722
Total Assessment
$430,482
  • Listing ID: 27859929

  • Date on Market: 3/1/2023

  • Last Updated:

  • Address: 1446 Unser Blvd SE, Rio Rancho, NM 87124

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