Restaurant
Starbucks
220 Tramway Blvd SE, Albuquerque, NM 87123
Listing Price: $2,848,000
Cap Rate
6.10%
Tenant Name
Starbucks
Years Remaining On Lease
9.1
Gross SF
1,310
Guarantor
Corporate Guarantee
Rentable SF
1,310
Price/Gross SF
$2,174.05
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+ YRS
- 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: $2,848,000
Cap Rate
6.10%
Tenant Name
Starbucks
Years Remaining On Lease
9.1
Gross SF
1,310
Guarantor
Corporate Guarantee
Rentable SF
1,310
Price/Gross SF
$2,174.05
Lease Type
Triple Net (NNN)
Rent Per Square Feet
$132.64
Investment Highlights
- NASDAQ: SBUX | CORPORATE GUARANTEED NNN | 9+ YRS
- 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