- 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.
False
Contacts
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.
NAI SunVista