Contacts
Avison Young - US - CA - Los Angeles
Avison Young - US - CA - Los Angeles
Property Details
- Property Type Other
- Additional Rent Contact for pricing
- Year Built 2011
- Date Updated Jan 5, 2025
Avison Young is pleased to present the opportunity to acquire the single-tenant IHOP on fee simple land located at 2529 South Canal Street in Carlsbad, New Mexico. The subject property is located near the intersection of Highway 285 and Highway 62, in an area with a high density of hotels and inns. IHOP currently has 14 years remaining on the lease with two, five-year options to exercise. This is an excellent opportunity to acquire a stable investment operated by a multi-unit franchisee.
This location is currently part of a five-property portfolio. All five IHOP locations are for sale and can be purchased as a portfolio if desired. Contact brokers for more information.
Reach out to the broker for more info on lease terms and amenities
Highlights
- 4,993 SF building on 39,000 SF of fee simple land
- Operated as an IHOP by a multi-unit franchisee
- 14 years remaining on lease, and two five-year options
- Located within two (2) miles over 15 hotels, motels, and inns including a Fairfield Inn, Best Western, La Quinta Inn, Residence Inn Hotel & Hampton Inn
- Excellent location surrounded by synergistic national retailers such as: Walmart, Verizon, Subway, and Sallys Beauty
Getting around
-
33/100
Walk Score ®
-
51/100
Bike Score ®
Location
- City Carlsbad, NM
- Zip Code 88220
Points of Interest
-
Southwest LP Gas
0.26 miles
-
USA Gasoline
0.29 miles
-
Shell
0.30 miles
-
Murphy Express
0.32 miles
-
Shamrock
0.33 miles
-
Allsup's
0.51 miles
-
Chevron
0.90 miles
-
Exxon
1.91 miles
-
DK
2.12 miles
-
Library Parking
2.09 miles
-
PD Parking
2.20 miles
-
Fairfield Inn & Suites Carlsbad
0.06 miles
-
Hampton Inn and Suites
0.35 miles
-
Carlsbad Inn
0.56 miles
-
Royal Manor Motel
0.61 miles
-
Corporate Hospitality Housing - Carlsbad Lodge
0.65 miles
-
Home2 Suites by Hilton Carlsbad
0.71 miles
-
Best Western Stevens Inn
0.72 miles
-
Stagecoach Inn
0.84 miles
-
Hometown Inn + Kitchen
1.02 miles
-
Baymont
1.09 miles
-
Walmart Supercenter
0.25 miles
-
La Tienda
1.14 miles
-
Albertsons Market
2.65 miles
-
Ross
3.15 miles
-
Carlsbad Mall
3.92 miles
Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.