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Restaurant

Starbucks

220 Tramway Blvd SE, Albuquerque, NM 87123

Listing Price: $2,780,000

Cap Rate
6.25%
Tenant Name
Starbucks
Years Remaining On Lease
9.0
Gross SF
1,310
Guarantor
Corporate Guarantee
Rentable SF
1,310
Price/Gross SF
$2,122.14
Lease Type
Triple Net (NNN)
Rent Per Square Feet
$132.64

Investment Overview

Marcus & Millichap is pleased to exclusively offer for sale a Starbucks in Albuquerque, NM

Investment Highlights

  • NASDAQ: SBUX | Corporate Guaranteed NNN | 9+ Years
  • Top Performing Smith's Grocery Store - 2nd Most Visited in Albuquerque and 4th in New Mexico
  • Immediate Access to I-40 Access Providing Exceptional Visibility
  • Dense Retail Corridor Featuring a Sprouts-Anchored Center with Strong National and QSR Co-Tenancy
  • Surrounded by Albuquerque's Most Significant Employment and Institutional Anchors

Exclusively Listed By

Broker of Record

  • Ryan Sarbinoff

    Senior Managing Director, Market Leader - Arizona

    (505) 445-6333

    License(s) NM: 20675

    New Mexico

Listing Price: $2,780,000

Cap Rate
6.25%
Tenant Name
Starbucks
Years Remaining On Lease
9.0
Gross SF
1,310
Guarantor
Corporate Guarantee
Rentable SF
1,310
Price/Gross SF
$2,122.14
Lease Type
Triple Net (NNN)
Rent Per Square Feet
$132.64

Investment Highlights

  • NASDAQ: SBUX | Corporate Guaranteed NNN | 9+ Years
  • Top Performing Smith's Grocery Store - 2nd Most Visited in Albuquerque and 4th in New Mexico
  • Immediate Access to I-40 Access Providing Exceptional Visibility
  • Dense Retail Corridor Featuring a Sprouts-Anchored Center with Strong National and QSR Co-Tenancy
  • Surrounded by Albuquerque's Most Significant Employment and Institutional Anchors

Investment Overview

Marcus & Millichap is pleased to exclusively offer for sale a Starbucks in Albuquerque, NM

Exclusively Listed By

Broker of Record

  • Ryan Sarbinoff

    Senior Managing Director, Market Leader - Arizona

    (505) 445-6333

    License(s): NM: 20675

    New Mexico

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