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4300 Coors Blvd. SW, Albuquerque, NM, 87105

EL JIMADOR RESTAURANT
$595,000

Key Information

Cap Rate
8.07%
Tot. SF
1,910
Year Built
1979
Term Remaining
±5 YRS
Type
Retail
NOI
$48,000

Highlights

  • Dense Population: ±57,000 residents within a 3-mile radius and ±118,000 residents within a 5-mile radius.
  • High Traffic Counts: Located right on Coors Blvd SW this property benefits from ±27,600 cars per day providing high exposure.
  • Brand New Lease: El Jimador is on a brand-new 5-year absolute triple-net lease (NNN). There is also one 5-yr option. Rent to commence September 2025.
  • Above Market Rent Increases: 4% annual rent increases act as a hedge against inflation while also increasing your cash flow.
  • Recent Improvements: Property has had the following improvements done: New 3.5 Ton HVAC unit installed at the end of 2022, Roof repairs (2022), Parking Lot restripe, cracks sealed, and asphalt seal coating (2022).
  • Proximity to Demand Generators: El Jimador is nearby major demand generators such as Las Estancias; an 80-acre mixed-use / community center and Rio Bravo Square, both homes to major retailers and are transforming the local trade area.
  • Drive-Thru Accessibility: Strategically positioned along Coors Blvd SW with ±27,600 vehicles per day, the El Jimador Restaurant features a highly desirable drive-thru that enhances tenant visibility and accessibility. This key amenity supports strong to-go and delivery sales potential, aligning with current consumer dining trends and driving long-term tenant performance.

Photos

Location

Agents

Broker of Record

Brian Brockman

License # 9568 (NM)
Matthews Real Estate Investment Services, Inc
1600 West End, Ste. 1500 Nashville, TN 37203