Restaurant
Burger King - High Performing Location with a 3.7% Rent to Sales Ratio
3221 Coors Blvd NW, Albuquerque, NM 87120
Listing Price: $1,141,000
Investment Overview
Founded in 1954, the Burger King brand is the second-largest fast food hamburger chain in the world. The original Home of the Whopper, the Burger King system operates more than 19,700 locations in more than 120 markets.
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.
Burger King - High Performing Location with a 3.7% Rent to Sales Ratio
Investment Highlights
- Absolute NNN Lease with Multi-Unit Burger King Franchisee (±20 Locations)
- Tenant has Operated at the Site for 17 Years - Recently Remodeled in 2023
- 10% Rental Increases Every Five Years with Multiple Renewal Options
- Densely-Populated Albuquerque Trade Area - ±193,239 Residents within a Five-Mile Radius
- Subject Property is Ranked in the Top 7 Percent of Burger Kings Nationwide, per Placer.ai
- Located Along a Busy Retail Corridor, Anchored by The Home Depot, Planet Fitness, and Walmart Supercenter
- Highly Visible Location Along Coors Blvd NW (±52,830 Cars per Day), Immediately Off Interstate 40 (±155,850 Cars per Day)
- Down the Road from New Retail Development - Tenants Include Chick-fil-A, Starbucks, Panera Bread, and 7 Brew Coffee
Restaurant
Burger King - High Performing Location with a 3.7% Rent to Sales Ratio
Listing Price: $1,141,000
Investment Highlights
- Absolute NNN Lease with Multi-Unit Burger King Franchisee (±20 Locations)
- Tenant has Operated at the Site for 17 Years - Recently Remodeled in 2023
- 10% Rental Increases Every Five Years with Multiple Renewal Options
- Densely-Populated Albuquerque Trade Area - ±193,239 Residents within a Five-Mile Radius
- Subject Property is Ranked in the Top 7 Percent of Burger Kings Nationwide, per Placer.ai
- Located Along a Busy Retail Corridor, Anchored by The Home Depot, Planet Fitness, and Walmart Supercenter
- Highly Visible Location Along Coors Blvd NW (±52,830 Cars per Day), Immediately Off Interstate 40 (±155,850 Cars per Day)
- Down the Road from New Retail Development - Tenants Include Chick-fil-A, Starbucks, Panera Bread, and 7 Brew Coffee
Investment Overview
Founded in 1954, the Burger King brand is the second-largest fast food hamburger chain in the world. The original Home of the Whopper, the Burger King system operates more than 19,700 locations in more than 120 markets. 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.
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