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
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