For Sale
$640,000
601 Silkey Way Española, NM 87532
High-Yield QSR with Drive-Thru
Overview
- Added:
- Dec 11, 2024
- Days on market:
- 138
Highlights
- 1,200 SF Class A single-tenant QSR with drive-thru in Espanola, NM.
- Absolute NNN lease with Los Victor's Mexican Food, 8.4 years remaining (through 3/31/2033, with two 5-year options).
- 7.5% cap rate, $48,000 NOI, $640,000 asking price ($533.33/SF).
- 0.66-acre lot, built in 2023, high visibility & traffic counts.
Property Details for 601 Silkey Way
- Property type
- Retail properties, Restaurants
- Square Feet
- 1,200 SF
- Class
- A
- Buildings
- 1
- Stories
- 1
- Lot Size (sq. ft)
- 28,750 SF
Location Insight
- City
- Española
- County
- Rio Arriba
- State
- New Mexico
- Latitude
- 36.012361883956
- Longitude
- -106.06371206736
Nearby Similar for Sale
FAQs
- What type of property is this?
- Retail property - High-Yield QSR with Drive-Thru
- Where is the retail property located?
- The property is located at 601 Silkey Way Española, NM.
- What is the asking price?
- The asking price for this property is $640,000.
- What are key features of this property?
- This property features: 1,200 SF Class A single-tenant QSR with drive-thru in Espanola, NM.; Absolute NNN lease with Los Victor's Mexican Food, 8.4 years remaining (through 3/31/2033, with two 5-year options).; 7.5% cap rate, $48,000 NOI, $640,000 asking price ($533.33/SF).
- How can I contact the broker?
- We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
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- Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.
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