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IHOP | Albuquerque, NM
Bldg Size: 4,964 sq. ft.
Lease Type: NNN
Land: 1.27 Acres
List Price: $2,974,000
List Cap: 8%
Lease Term: 20 Years
Description
• Opened December 2009
• Absolute NNN Lease | No Landlord Responsibility
• 20-Year Lease | 10% Bumps Every 5-Years
• NM's Largest Franchisee | 2006 Franchise of the Year
• Across from The Home Depot and Costco Wholesale
• Traffic Count at Intersection: 58,700 Cars Per Day
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