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Restaurant

Taco Cabana

3301 Coors Blvd NW, Albuquerque, NM 87120

Listing Price: $1,741,000

Cap Rate
6.00%
Tenant Name
Taco Cabana
Years Remaining On Lease
6.8
Gross SF
3,588
Guarantor
Franchisee Guarantee
Rentable SF
3,588
Price/Gross SF
$485.23
Lease Type
Absolute Net
Rent Per Square Feet
$29.12

Investment Overview

Taco Cabana specializes in Mexican-inspired food, including breakfast, lunch and dinner tacos, dozen taco boxes, fajitas, quesadillas, burritos, freshly made flour tortillas, and a selection of made-from-scratch salsas and sauces.

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.

Investment Highlights

  • ±7 Years Remaining on Absolute NNN Lease with Taco Cabana Franchisee (Six Units in Albuquerque)
  • Tenant has Operated at the Site for 22 Years, Showing Commitment to the Site
  • 10 Percent Rental Increases Every Five Years with Multiple Renewal Options - Next Increase Occurs on January 1, 2030
  • Ranked as the #1 Taco Cabana Site in New Mexico and #3 of All Taco Cabana Sites Nationwide per Placer.ai
  • Taco Cabana is an Established Texas Chain, Operating ±150 Locations
  • Densely-Populated Albuquerque Trade Area - ±193,239 Residents within a Five-Mile Radius
  • 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)

Exclusively Listed By

Broker of Record

  • Ryan Sarbinoff

    Senior Managing Director, Market Leader - Arizona

    (505) 445-6333

    License(s) NM: 20675

    New Mexico

Financing By

Listing Price: $1,741,000

Cap Rate
6.00%
Tenant Name
Taco Cabana
Years Remaining On Lease
6.8
Gross SF
3,588
Guarantor
Franchisee Guarantee
Rentable SF
3,588
Price/Gross SF
$485.23
Lease Type
Absolute Net
Rent Per Square Feet
$29.12

Investment Highlights

  • ±7 Years Remaining on Absolute NNN Lease with Taco Cabana Franchisee (Six Units in Albuquerque)
  • Tenant has Operated at the Site for 22 Years, Showing Commitment to the Site
  • 10 Percent Rental Increases Every Five Years with Multiple Renewal Options - Next Increase Occurs on January 1, 2030
  • Ranked as the #1 Taco Cabana Site in New Mexico and #3 of All Taco Cabana Sites Nationwide per Placer.ai
  • Taco Cabana is an Established Texas Chain, Operating ±150 Locations
  • Densely-Populated Albuquerque Trade Area - ±193,239 Residents within a Five-Mile Radius
  • 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)

Investment Overview

Taco Cabana specializes in Mexican-inspired food, including breakfast, lunch and dinner tacos, dozen taco boxes, fajitas, quesadillas, burritos, freshly made flour tortillas, and a selection of made-from-scratch salsas and sauces. 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

    Senior Managing Director, Market Leader - Arizona

    (505) 445-6333

    License(s): NM: 20675

    New Mexico

Financing By

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