Corporate John John Silvers
Retail-Commercial
for Sale
Sale Pending/Contingent
| Catylist Listing ID: |
30675022 |
| Property Subtypes: |
Free-Standing Building, Restaurant
|
| Status: |
Pending/Contingent |
| Building Size (RSF): |
2,500 SF
|
| Gross Land Area: |
17,000 SF
|
| Sale Price: |
$540,000 |
| Unit Price: |
$216 PSF |
| Property Use Type: |
Net Leased Investment (NNN), Investment |
| Building Name: |
Long John Silver's |
| Usable Size (USF): |
2,500 SF |
| Sale Terms: |
Cash to Seller |
| Cap Rate: |
6.0% |
| Average Occupancy Rate: |
100 |
| Last Updated: |
1/25/2021 |
Overview / Comments
|
Long John Silver has been at this location since 1975! Remodel just completed in December 2020 with 11 years remaining on the absolute NNN lease. This is a corporate run store so no franchisee. This is a rare fine, NNN lease and lower price to entry. This won't last long!.
|
Additional Details
| Nearest MSA: |
Albuquerque |
| County: |
Bernalillo |
| Submarket/Township: |
South Valley |
| Tax ID/APN: |
101205715443120761 |
| Zoning: |
MX-M - Mixed-use: Moderate Intensity |
| Retail Clientele: |
General, Family, Business, Traveler, Tourist, Recreation |
| Property Located Between: |
Atrisco & 46th Street |
| Property Visibility: |
Excellent |
| Largest Nearby Street: |
Atrisco |
| Feet of Frontage: |
98 |
| Traffic/Vehicle Count: |
21,300 |
| Area Description: |
Located in a busy area with many large retailers such as Burlington, Conns and Harbor Freight. |
| Tenancy: |
Single Tenant |
| Total Number of Buildings: |
1 |
| Number of Stories: |
1 |
| Property Condition: |
Excellent |
| Year Built: |
1975 |
| Year Renovated: |
2020 |
| Parking Type: |
Structure |
| Heat Type: |
Natural Gas |
| Heat Source: |
Central |
| Air Conditioning: |
Package Unit |
| Water Service: |
Municipal |
| Sewer Type: |
Municipal |
Demographic Statistics
| Proximity: |
1 mile |
3 miles |
5 miles |
| Total Population: |
15,477 |
130,638 |
250,887 |
| Median Age: |
34.73 |
33.1 |
33.45 |
| Households: |
5,609 |
48,137 |
94,859 |
|
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