SWQ Coors Blvd. & St. Josephs Dr. NW

SWQ Coors Blvd. & St. Josephs Dr. NW, Albuquerque, NM 87120

Property Information

  • For Sale $3,882,350
  • Property Type Retail
  • Property Size 7,825 SF
  • Lot Size 1.84 Acre
  • Cap Rate % 4.25
  • Date Updated May 5, 2026

Description

NAI SunVista is pleased to offer the opportunity to acquire a brand-new construction, single-tenant Olive Garden in Albuquerque, NM. This ideal long-term investment features a ground lease with easily replaceable rent that appreciates over time, ensuring passive income with no landlord management. The Property is occupied by a corporate tenant, Darden Restaurant’s most prominent brand, the nation’s most dominant sit-down restaurant group, offering stable cash flow, attractive 10% rent increases every five years, and future-proofing through scheduled store renovations.

 

  • A brand new lease, a newly constructed building, and rent appreciation combine for an ideal investment
  • Long lease term with 10% increases every 5 years and continuing in option periods
  • The ground lease structure provides for a passive investment
  • The corporate Tenant ensures a stable cash flow from the nation’s most dominant sit-down restaurant group.

TENANT

Olive Garden

  • 6 Locations in New Mexico
  • 934 Locations Nationwide
  • Started in 1982

 

RENT INCREASES

10% Increases Every 5 Years

 

LEASE TERM

10-Year Primary Term

 

RENEWAL OPTIONS

4 x 5-Year options

 

TRAFFIC COUNTS

±49,900 cars per day on Coors Blvd.

Contacts

Brett Hills

NAI SunVista

Location

Located at SWQ Coors Blvd. & St. Josephs Dr. NW, Albuquerque, NM 87120, this property is part of the La Luz Del Sol neighborhood and Albuquerque market.

Contact Listing Broker
Brett Hills

NAI SunVista

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