Listing Summary
Avison Young is pleased to present the opportunity to acquire the single-tenant IHOP on fee simple land located at 1580 Main Street in Los Lunas, New Mexico.
Full Description
Avison Young is pleased to present the opportunity to acquire the single-tenant IHOP on fee simple land located at 1580 Main Street in Los Lunas, New Mexico. The subject property is located in a popular shopping center off of Interstate 25 and Highway 6, two main thoroughfares in New Mexico. IHOP currently has 14 years remaining on the lease with two, five-year options to exercise. This is an excellent opportunity to acquire a stable investment operated by a multi-unit franchisee. This location is currently part of a five-property portfolio. All five IHOP locations are for sale and can be purchased as a portfolio if desired. Contact brokers for more information.
Quick Glance
- Listing ID:
CL-New Mexico-12647
- Status:
Active
- Year Build:
2014
- Building Size:
4,010 SqFt
- Lot Size:
4,010.00 Acre