4900 Central AveAlbuquerque, NM 87108

This Albuquerque, NM, Wendy's offers a compelling investment opportunity. The property boasts a 2,413 square foot building on a 0.78-acre lot, situated at 4900 Central Ave SE, in a high-traffic area. The property is subject to a triple-net (NNN) lease with Wendy's, a globally recognized brand, extending until February 8, 2037, with four 5-year renewal options. The current lease commenced February 9, 2017, providing a remaining term of approximately 12.2 years. The asking price is $2,075,000, representing a price per square foot of $804.26 and a 5.00% cap rate. The property generates a net operating income (NOI) of $103,000 annually. Built in 1997, the single-building property is zoned C and includes 35 parking spaces per unit. The property's prime location on Central Ave SE, a major thoroughfare near the University of New Mexico and other amenities, ensures high visibility and consistent customer traffic. Albuquerque's robust economy and population growth contribute to the property's long-term value potential. This offering presents a strong, passive income stream with significant upside potential in a growing market. The property's 100% occupancy further enhances its attractiveness as a stable, low-risk investment.