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MCALISTER'S DELI - HOBBS, NM 3619 NW County Rd

3,622 SF Retail Building Hobbs, NM 88240 $2,844,171 CAD ($785 CAD/SF) 6.97% Cap Rate

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Investment Highlights

Over 8 years remaining on initial 15-year NN lease with attractive 10% rental escalations every 5 years with three 5-year renewal options
OPERATOR | TENANT - Sun Holdings, Inc. is the 3rd largest franchisee company in the U.S. operating over 1,500 restaurants
traffic counts of 29,463 CPD!

Guaranteed by Best Choice Restaurants - 63-unit McAlister’s Deli operator & a subsidiary of Sun Holdings, Inc
HIGH TRAFFIC COUNTS/VISIBILITY - Positioned in a dominant retail corridor on a large ±1.45-acre parcel on a signalized/ hard corner
2023 VERY AFFLUENT DEMOGRAPHICS: Total Population (5-MI): 47,422 | Average Household Income (1-MI): $180,889