Taco Bell - Gallup, NM (W Hwy 66) | 3095 W Historic Hwy
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Taco Bell - Gallup, NM (W Hwy 66) 3095 W Historic Hwy
1,760 SF Retail Building Gallup, NM 87301 $1,634,286 ($929/SF) 5.25% Cap Rate
Investment Highlights
- Long Term 15-Year Sale Leaseback With Zero Landlord Responsibilities
- Emerge Inc is an Award Winning and Growing Operator With 185-Units Across Four Brands (40+ Unit Guaranty)
- 1-Mile From Gallup Municipal Airport, a General Aviation Facility That Covers an Area of 359 Acres
- Healthy Hedge Against Inflation With 10% Rent Increases Every 5 Years
- Strong Sales Performance With Healthy Rent to Sales Ratio (Inquire For Details)
- 0.5-Miles From Hwy 40; a Major East-West Transcontinental Interstate That Spans 2,557 Miles; the Third-Longest Interstate Highway
Executive Summary
Sands Investment Group is Pleased to Exclusively Offer For Sale the 1,760 SF Taco Bell Located at 3095 West Historic Highway 66 in Gallup, NM. This Deal Includes a Long Term 15-Year Sale Leaseback With Zero Landlord Responsibilities and a Healthy Hedge Against Inflation With 10% Rent Increases Every 5 Years, Providing For a Secure Investment.
In Cooperation With Sands Investment Group - Lic. #9623 BoR: Andrew Ackerman - Lic. NM #20310
In Cooperation With Sands Investment Group - Lic. #9623 BoR: Andrew Ackerman - Lic. NM #20310
Property Facts
Sale Type
Investment NNN
Sale Condition
Sale Leaseback
Property Type
Retail
Property Subtype
Building Size
1,760 SF
Year Built
2000
Price
$1,634,286
Price Per SF
$929
Cap Rate
5.25%
NOI
$85,800
Tenancy
Single
Building Height
1 Story
Opportunity Zone
Yes
MAJOR TENANTS
- Tenant
- Industry
- SF OCCUPIED
- RENT/SF
- Lease Type
- Lease End
- Taco Bell
- Accommodation and Food Services
- 1,760 SF
- $48.75
- Triple Net
- -
| Tenant | Industry | SF OCCUPIED | RENT/SF | Lease Type | Lease End | |
| Taco Bell | Accommodation and Food Services | 1,760 SF | $48.75 | Triple Net | - |
PROPERTY TAXES
| Parcel Number | R145203 | Improvements Assessment | $86,743 |
| Land Assessment | $39,813 | Total Assessment | $126,556 |
PROPERTY TAXES
Parcel Number
R145203
Land Assessment
$39,813
Improvements Assessment
$86,743
Total Assessment
$126,556
Contacts
-
Jordan Mulloy -
Will Schuhmacher -
Max Freedman -
Andrew Ackerman -
Sands Investment Group Austin, LLC
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Taco Bell - Gallup, NM (W Hwy 66) | 3095 W Historic Hwy
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