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2781 57th Street NW 1,183 SF Retail Building Albuquerque, NM 87120 $2,064,095 CAD ($1,744.80 CAD/SF) 6.50% Cap Rate

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INVESTMENT HIGHLIGHTS

  • 12 Year Lease (11 Years Remain)
  • Free-Standing Drive Through
  • Strong Regional Coffee Brand
  • Zero Landlord Responsibilities
  • Brand New Construction 2024
  • Personal Guaranty

PROPERTY FACTS

Sale Type
Investment NNN
Sale Condition
Business Value Included
Property Type
Retail
Property Subtype
Freestanding
Building Size
1,183 SF
Building Class
C
Year Built
2024
Price
$2,064,095 CAD
Price Per SF
$1,744.80 CAD
Cap Rate
6.50%
NOI
$134,166 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.04
Lot Size
0.65 AC
Zoning
MX-M - Mixed Use Moderate Intensity
Parking
17 Spaces (14.37 Spaces per 1,000 SF Leased)
Frontage
139’ on 57th Street Northwest

ABOUT 2781 57TH STREET NW , ALBUQUERQUE, NM 87120

Absolute Investment Realty has been selected as the exclusive representative of this very rare Absolute NNN Leased fast-food drive through opportunity. The property is located in Albuquerque, NM in the desirable Coors Blvd. corridor. The newly constructed +/-1,185 square foot free-standing drive through is located in the busy Coors Blvd. corridor on Albuquerque’s west side. The property sits on a feeder street to the Coors & I 40 on-ramp that The Tenant, Pinon Coffee of New Mexico is an established regional coffee brand that has found huge success in the roasted coffee wholesaling and retailing and is expanding into boutique coffee shops offering hot and cold brewed coffee and food.

Bike Score®
Very Bikeable (74)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

NEARBY MAJOR RETAILERS

Nusenda Credit Union
Applebee's
Golden Corral
Cracker Barrel Old Country Store
Chili's Grill & Bar
IHOP
Bank of America
Bank Of Albuquerque
Planet Fitness
Jazzercise
  • Listing ID: 38355714

  • Date on Market: 2025-11-06

  • Last Updated:

  • Address: 2781 57th Street NW, Albuquerque, NM 87120

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