Restaurant
IHOP
7500 Menaul Blvd NE, Albuquerque, NM 87110
Listing Price: $3,194,000
Investment Overview
Marcus & Millichap is pleased to present for sale IHOP in Albuquerque, New Mexico. IHOP® competes in the Family Dining segment of the restaurant industry, and all IHOP restaurants are owned by independent franchise operators. As the largest and most populous city in New Mexico and home to approximately one-fourth of the state’s population, Albuquerque is a hub for the arts with an economy built on science, medicine, technology, commerce, education, culture outlets and entertainment.
IHOP
Investment Highlights
- Absolute Triple-Net (NNN) Corporate Lease with Four Years Remaining
- 10 Percent Rental Increases Every Five Years with Multiple Renewal Options
- Located in Strong Retail Corridor in Immediate Proximity to Coronado Center, ABQ Uptown, and Winrock Town Center Shopping Malls
- Surrounded by National Retailers: Walmart Supercenter, Jack in the Box, Joann, Target, JCPenney, Macy's, The Container Store, Kohl's, and Many More
- 310,568 Residents within a Five-Mile Radius - Dense Albuquerque Infill
- High Visibility Along Menaul Boulevard NE (Over 30,700 Cars per Day)
- Immediate Connection to Coronado Freeway-40 and CanAm Highway-25 with Over 128,130 Cars per Day
- Less than 10 Miles from Downtown Albuquerque, The University of New Mexico, and Albuquerque International Sunport
Exclusively Listed By
Broker of Record
Financing By
Listing Price: $3,194,000
Investment Highlights
- Absolute Triple-Net (NNN) Corporate Lease with Four Years Remaining
- 10 Percent Rental Increases Every Five Years with Multiple Renewal Options
- Located in Strong Retail Corridor in Immediate Proximity to Coronado Center, ABQ Uptown, and Winrock Town Center Shopping Malls
- Surrounded by National Retailers: Walmart Supercenter, Jack in the Box, Joann, Target, JCPenney, Macy's, The Container Store, Kohl's, and Many More
- 310,568 Residents within a Five-Mile Radius - Dense Albuquerque Infill
- High Visibility Along Menaul Boulevard NE (Over 30,700 Cars per Day)
- Immediate Connection to Coronado Freeway-40 and CanAm Highway-25 with Over 128,130 Cars per Day
- Less than 10 Miles from Downtown Albuquerque, The University of New Mexico, and Albuquerque International Sunport
Investment Overview
Marcus & Millichap is pleased to present for sale IHOP in Albuquerque, New Mexico. IHOP® competes in the Family Dining segment of the restaurant industry, and all IHOP restaurants are owned by independent franchise operators. As the largest and most populous city in New Mexico and home to approximately one-fourth of the state’s population, Albuquerque is a hub for the arts with an economy built on science, medicine, technology, commerce, education, culture outlets and entertainment.
Exclusively Listed By
Broker of Record
-
Ryan Sarbinoff
First Vice President/Regional Manager
Financing By
