Property Description
SECURE INCOME STREAM
- 15-Yr. NNN Lease, 10% Increases Every 5 Yrs.
- Guaranteed by Best Choice Restaurants, a 63-Unit McAlister’s Operator and Subsidiary of Sun Holdings, Inc.
- Best Choice Restaurants to Open an Additional 35 Locations Over the Next 4 Years in New Mexico, Texas, Florida and Louisiana
- Sun Holdings Operates is the 3rd Largest Franchisee Company in the US with over 1,000 Restaurants
- Sun Holdings Brands Include Burger King, Arby’s, Krispy Kreme, Papa John’s, T-Mobile, Golden Corral, Taco Bueno, GNC and Cici’s
- McAlister’s Deli Plan to Open 300+ Locations Over Next 6 Years
PROXIMITY
- $124,349 Average Household Income
- 49,404 Residents in Growing Trade Area
- Excellent Access and Visibility to 35,259 Cars/Day at Intersection
- 47,227 Total Daytime Population within Trade Area
- Surrounded by Several K-12 Schools with 10,613 Combined Students
- Minutes to New Mexico Junior College and University of Southwest with 3,231 Combined Enrollment
- 17 Hotels within a 2 Mile Radius of Property
- Positioned Within Main Retail Corridor with National Tenants Including Walmart, Home Depot, Lowe’s, McDonald’s, Starbucks and Walgreens
- Local Economy Largely Driven by Oil/Gas Exploration, Employees Earn High Daily Stipends for Food that Drive Restaurant Sales