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Wow Diner 1300 Motel Dr 2,600 - 3,000 SF of Retail Space Available in Milan, NM 87021
Highlights
- It has proven to be a high-volume, consistent sales driver, demonstrating that drivers and travelers actively prioritize this stop for quality dining.
- The existing building and infrastructure are ideal for a national brand (Whataburger, Arby’s, Denny’s) that wants to capture the massive "trucker-spen
- Unobstructed line-of-sight from the I-40 corridor with immediate access to the on/off-ramps.
Space Availability (1)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor | 2,600-3,000 SF | 1 Year | $27.21 CAD/SF/YR $2.27 CAD/SF/MO $81,643 CAD/YR $6,804 CAD/MO | Plus All Utilities |
1st Floor
This is not a standard retail pad. This 5.1-acre site is specifically designed for the intersection of the national logistics industry and high-volume dining. Located at 1300 Motel Dr, the property offers a "Travel Center Lite" footprint that prioritizes semi-truck maneuverability and long-haul driver amenities.
- Listed lease rate plus proportional share of utilities
- Fully Built-Out as a Restaurant or Café Space
- Space is in Excellent Condition
- Central Air and Heating
- Freezer Space
- Security System
- Closed Circuit Television Monitoring (CCTV)
- High Ceilings
- Hardwood Floors
- Yard
- Built-in Proof of Concept
- Direct Freeway Visibility
- QSR/Travel Center Ready
Rent Types
The rent amount and type that the tenant (lessee) will be responsible to pay to the landlord (lessor) throughout the lease term is negotiated prior to both parties signing a lease agreement. The rent type will vary depending upon the services provided. For example, triple net rents are typically lower than full service rents due to additional expenses the tenant is required to pay in addition to the base rent. Contact the listing broker for a full understanding of any associated costs or additional expenses for each rent type.
1. Full Service: A rental rate that includes normal building standard services as provided by the landlord within a base year rental.
2. Double Net (NN): Tenant pays for only two of the building expenses; the landlord and tenant determine the specific expenses prior to signing the lease agreement.
3. Triple Net (NNN): A lease in which the tenant is responsible for all expenses associated with their proportional share of occupancy of the building.
4. Modified Gross: Modified Gross is a general type of lease rate where typically the tenant will be responsible for their proportional share of one or more of the expenses. The landlord will pay the remaining expenses. See the below list of common Modified Gross rental rate structures: 4. Plus All Utilities: A type of Modified Gross Lease where the tenant is responsible for their proportional share of utilities in addition to the rent. 4. Plus Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of cleaning in addition to the rent. 4. Plus Electric: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical cost in addition to the rent. 4. Plus Electric & Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical and cleaning cost in addition to the rent. 4. Plus Utilities and Char: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the utilities and cleaning cost in addition to the rent. 4. Industrial Gross: A type of Modified Gross lease where the tenant pays one or more of the expenses in addition to the rent. The landlord and tenant determine these prior to signing the lease agreement.
5. Tenant Electric: The landlord pays for all services and the tenant is responsible for their usage of lights and electrical outlets in the space they occupy.
6. Negotiable or Upon Request: Used when the leasing contact does not provide the rent or service type.
7. TBD: To be determined; used for buildings for which no rent or service type is known, commonly utilized when the buildings are not yet built.
Property Facts
| Total Space Available | 3,000 SF | Gross Leasable Area | 3,000 SF |
| Min. Divisible | 2,600 SF | Year Built | 2006 |
| Property Type | Retail | Parking Ratio | 16.67/1,000 SF |
| Property Subtype | Restaurant |
| Total Space Available | 3,000 SF |
| Min. Divisible | 2,600 SF |
| Property Type | Retail |
| Property Subtype | Restaurant |
| Gross Leasable Area | 3,000 SF |
| Year Built | 2006 |
| Parking Ratio | 16.67/1,000 SF |
About the Property
Massive Truck Staging & Parking: Unlike typical 1-acre restaurant lots, this 5.1-acre site provides ample room for dedicated semi-truck parking lanes, trailer staging, and effortless ingress/egress for oversized rigs. A lot of cooking equipment included in it.
Presented by
Spicy Bite Restaurant
Wow Diner | 1300 Motel Dr
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