Blake's Lotaburger Drive-Thru

Retail-Commercial for Sale
Catylist Listing ID: 30171516
Property Subtypes: Restaurant
Building Size (RSF): 2,925 SF
Gross Building Area: See Agent
Sale Price: $1,320,000
Unit Price: $451.28 PSF
Property Use Type: Net Leased Investment (NNN), Investment
Sale Terms: Undisclosed
Cap Rate: 5.0%
Last Updated: 10/10/2017

Overview / Comments

SALES PRICE $1,320,000
CAP RATE 5.0%
PRIMARY TERM 20 Years
ESCALATIONS 10% every 5 years
OPTIONS Four (4) consecutive periods of Five (5) years each
LEASE STRUCTURE NNN

Building Size: ± 2,925 SF
Land Size: ± .9 Acres
Zoning GC: General Commercial
Construction Type: Frame/Stucco
Date Built: 2017

Additional Details

Nearest MSA: Farmington
County: San Juan

Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 2,508 27,390 49,752
Median Age: 35.22 34.46 34.8
Households: 917 10,080 17,968

Contact

Photograph of Listing Agent

Brett Hills

NAI Maestas & Ward CARNM CIE Member
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