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Wendy’s
Wendy’s
4900 Central Ave SE - Albuquerque, NM 87108
Property Highlights
- Strong National Brand – Wendy’s is a well-established, globally recognized brand with a solid business model. As one of the largest quick-service restaurants in the world, Wendy’s offers a proven track record of success and reliable income for property investors. With over 7,000 locations worldwide, the tenant brings stability, reducing the risk associated with lease defaults.
- Long-Term Net Lease: This property is subject to a Thirteen Year (13) triple-net (NNN) lease, meaning the tenant is responsible for property taxes, insurance, and maintenance. This provides a passive, low-management investment.
- Prime Location – High Traffic Area: Located on Central Ave SE, one of Albuquerque’s busiest thoroughfares, the property enjoys high visibility and substantial daily vehicle traffic. This boosts Wendy’s sales potential and enhances the property’s value.
- Proximity to Major Amenities: The property benefits from being near the University of New Mexico, large residential areas, and commercial centers, ensuring a steady stream of customers. Central Ave SE is also part of the iconic Route 66, adding historical and cultural significance to the area.
- Economic Growth: Albuquerque is one of New Mexico’s largest and fastest-growing cities, with a stable economy driven by sectors like healthcare, education, defense, and technology. The city’s population growth and development make it an attractive market for real estate investment.
- Tourism and Local Demand: Being a part of Route 66, Central Ave sees both local demand and tourist traffic, providing diversified revenue streams for tenants like Wendy’s.
- Albuquerque’s Increasing Property Values: As the Albuquerque market continues to grow, so does the potential for long-term appreciation in real estate values. Located in a prime area, the Wendy’s property stands to benefit from this upward trend, increasing its future resale value.
Details
- Price: $2,075,000
- Year Built: 1997
- Property Type: Single Tenant
Additional Details
- Price/SF: $804.26
- Cap Rate: %5.00
- Rentable Area: 2,413 SF
- Lot Size: 0.78 AC
- Zoning : C
Address
Open on Google Maps- Address 4900 Central Ave SE
- City Albuquerque
- State/county New Mexico
- Zip/Postal Code 87108
