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Published on: Friday, November 1, 2024
Updated on: Wednesday, April 2, 2025
About the Lister
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Name: Chris Maling
Company: Avison Young
Office Phone: +1 213.618.3824
Cell Phone: +1 213.364.7222
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  Amazing IHOP

813 E Pine St Deming New Mexico , 88030
813 E Pine St Deming New Mexico , 88030  Avison Young
Listing ID: CL-New Mexico-12662 Restaurant /Retail

Purchase Option

Acquisition Option: Traditional Purchase
Cap Rate (%): 8.81
Net Operating Income: $66,000.00
Quick Glance
Listing ID: CL-New Mexico-12662
Status: Accepting Offers
Financing: Third Party Financing
Occupancy: 100%
Year Build: 2013
Building Size: 4,010.00 SqFt
Lot Size: 42,372.00 SqFt.
No of Stories: 1
No of Parking: N/A
Offer to Millionaire Club: No
Business Available for Sale: No
Is Net Lease Investment: No
Property On Ground Lease: No
Building Status: Existing
Listing Summary
Avison Young is pleased to present the opportunity to acquire the single-tenant IHOP on fee-simple land located at 813 East Pine Street in Deming, New Mexico.
Complete Details
Year Build: 2013
Building Size: 4,010 SqFt.
No of Stories: 1
Total Lot Area: 42372 SqFt.
No of Parking: N/A
No of Total Units: 1
Property Current Status: Normal Sale
Building Status: Existing
Heating and Cooling: Not Specified
Building Class: B
Property on Ground Lease?: No
Net Lease Investment?: No
Business Price Included?: No
Roofing: Not Specified
Occupancy: 100%
Full Description

Avison Young is pleased to present the opportunity to acquire the single-tenant IHOP on fee-simple land located at 813 East Pine Street in Deming, New Mexico. The subject property is located in a popular shopping plaza immediately off of Interstate 10 and Highway 180, 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 occupied by a reputable national tenant.

Additional Properties
Property Highlights
  • Operated as an IHOP by a multi-unit franchisee
  • 14 years remaining on lease, and two five-year options
  • Located in a popular shopping center immediately off of Interstate 10 and Highway 180
  • High traffic counts on Interstate 10 - approx. 16,764 VPD
  • Excellent location surrounded by synergistic national retailers, such as: T-Mobile, Auto Zone, Wendy’s, Walmart, Subway, Dollar Tree, KFC, Verizon, O’Reilly Auto Parts, Tractor Supply and Burger King
Features
  • ±4,010 SF building on ±42,372 SF of fee simple land
Listing Location
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