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Gyro Shack 4201 San Mateo Blvd NE

800 SF Retail Building Albuquerque, NM 87110 $2,601,840 CAD ($3,252 CAD/SF) 5.90% Cap Rate

Investment Highlights

  • Gyro Shack is a Mediterranean fast food operation with locations in Idaho, Arizona and New Mexico providing an alternative food source to tradition fa
  • Modular Drive-Thru building may qualify for Bonus Depreciation. Please consult your tax advisors for more information.
  • Triple Net Lease | Passive investment with tenant responsible for Taxes, Insurance and Common Area Maintanence.

Executive Summary

NNN Pro is pleased to present the exclusive listing for a Gyro
Shack located at 4201 San Mateo Blvd NE, Albuquerque, NM
87110. The site consists of roughly 800 rentable square feet of
building space on an estimated 0.53-acre parcel of land. This
Gyro Shack is subject to a 15-year Triple Net (NNN) lease, which
commenced 9/1/2024. The current annual rent is $109,313 and
has scheduled increases of 10.00% Every 5 Years.

Property Facts

Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Auto Repair
Building Size
800 SF
Building Class
C
Year Built
1978
Price
$2,601,840 CAD
Price Per SF
$3,252 CAD
Cap Rate
5.90%
NOI
$153,509 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.03
Land Acres
0.53 AC
Zoning
MX-L
Parking
7 Spaces (8.75 Spaces per 1,000 SF Leased)
Frontage
62 ft on San Mateo Blvd

Amenities

  • Corner Lot
  • Fenced Lot
  • Pylon Sign
  • Signage
Walk Score ®
Very Walkable (76)
Bike Score ®
Very Bikeable (75)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

Nearby Major Retailers

Title Cash
Bank of Montreal
Bank Of Albuquerque
Jenny Craig
Albertsons
Starbucks
U.S. Bank
Hooters
Red Lobster
Golden Corral
  • Listing ID: 32790474

  • Date on Market: 2024-08-14

  • Last Updated:

  • Address: 4201 San Mateo Blvd NE, Albuquerque, NM 87110

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