Jack in the Box NNN Property For Sale — Albuquerque, NM
10100 Central Ave. S.E., Albuquerque, NM 87123
This offering presents an exceptional opportunity to acquire an absolute NNN ground lease to a Jack in the Box restaurant. The property benefits from approximately 14 years remaining on the lease, featuring attractive fixed rental escalations. Situated in a highly desirable and proven location along Albuquerque's historic Central Avenue, the site is exceptionally close to the vibrant Knob Hill district. This asset was renewed in 2009 for an additional 20 years and subsequently remodeled by the tenant, including the addition of a drive-through for enhanced convenience and excellent ingress/egress from Central Ave. The property boasts 2,688 square feet of building space with prominent street visibility, multiple access points, and significant monument signage along Central Avenue. It is par…
- Address: 10100 Central Ave. S.E., Albuquerque, NM 87123
- Asking price $1.22M
- 5.25% cap rate
- NOI $63,800
- 3 years remaining
- NNN lease
- Building size: 2,688 SF
- Lot size: 1.10 acres
- Lease expiration: Sep 13, 2029
- Rent increases: 10% every 5 years
- Guarantor: Corporate
Location
This Jack in the Box property is at 10100 Central Ave. S.E. in Albuquerque, New Mexico.
Asset type: Retail