For Sale
$3,300,000
914 Hwy Gallup, NM 87301
- Added:
- Dec 11, 2024
- Days on market:
- 138
Highlights
- 15-year sale-leaseback with zero landlord responsibilities.
- 10% rent increases every 5 years, providing inflation hedge.
- Emerge Inc. operation; award-winning operator with 185+ units across four brands (40+ unit guarantee).
- Strong sales performance with a healthy rent-to-sales ratio (details available upon request).
- 0.5 miles from I-40, a major transcontinental interstate.
- Located on historic Route 66, Gallup's main thoroughfare.
Property Details for 914 Hwy
- Property type
- Retail properties, Restaurants
- Square Feet
- 2,842 SF
- Lot Size (sq. ft)
- 36,155 SF
Location Insight
- City
- Gallup
- County
- Mckinley
- State
- New Mexico
- Latitude
- 35.5298829
- Longitude
- -108.7300029
Nearby Similar for Sale
FAQs
- Where is the retail property located?
- The property is located at 914 Hwy Gallup, NM.
- What is the asking price?
- The asking price for this property is $3,300,000.
- What are key features of this property?
- This property features: 15-year sale-leaseback with zero landlord responsibilities.; 10% rent increases every 5 years, providing inflation hedge.; Emerge Inc. operation; award-winning operator with 185+ units across four brands (40+ unit guarantee).
- 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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