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 2014
- Date Updated Dec 17, 2024
Avison Young is pleased to present the opportunity to acquire the single-tenant IHOP on fee simple land located at 1580 Main Street in Los Lunas, New Mexico. The subject property is located in a popular shopping center off of Interstate 25 and Highway 6, two main thoroughfares in New Mexico. 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 occupied by a reputable national tenant.
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
- 4,010 SF building on 42,732 SF of fee simple land
- Occupied by national tenant, IHOP
- 14 years remaining on lease, and two five-year options
- Outparcel to a Home Depot & Lowes anchored power center
- Close proximity to synergistic National Retailers such as McDonalds Del Taco, Wendys, Burger King, Jersey Mikes, Subway, Applebees, T-Mobile, Auto Zone, and Starbucks
- Situated on heavily trafficked Main Street/Highway 6 (21,760 VPD)
Getting around
-
53/100
Walk Score ®
-
33/100
Bike Score ®
Location
- City Los Lunas, NM
- Zip Code 87031
- Market Albuquerque
Points of Interest
-
Murphy Express
0.11 miles
-
Chevron
0.17 miles
-
Shell
0.28 miles
-
Philips 66
0.81 miles
-
Maverik
1.07 miles
-
Allsup's Convenience Stores, Inc
1.11 miles
-
Speedway
1.12 miles
-
Alon
2.71 miles
-
Smith's Gas
2.92 miles
-
Los Lunas Inn & Suites
0.20 miles
-
Days Inn by Wyndham Los Lunas
0.39 miles
-
Western Skies Inn & Suites
0.69 miles
-
Mesa Inn Hotel
9.95 miles
-
Walmart Supercenter
0.64 miles
-
El Mezquite Market
2.75 miles
-
Albertsons
2.83 miles
-
Smith's
2.85 miles
-
Gargen Fresh
4.92 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.
