Highlights
•Lease Terms: 7+ years remaining on an absolute Triple Net (NNN) lease with zero landlord responsibilities; property has a proven 24+ year occupancy history. •Income Growth: 10% rent increases every five years, providing a solid hedge against inflation (next increase June 2026). •Corporate Guarantee: Lease backed by Red Robin Gourmet Burgers and Brews (NASDAQ: RRGB), with 500+ U.S. locations and $1.28B in 2023 revenue. •Strong Demographics: Within a 5-mile radius—population of 191,301+ and average household income of $108,454+. •Prime Location: Outparcel of Cottonwood Mall, New Mexico’s second-largest mall (1,041,680 SQFT), with high daily traffic; directly off Coors Blvd NW (72,000+ vehicles/day). •Nearby Amenities: Adjacent to the state’s 6th-largest high school (1,752 students). •Market: Albuquerque, the largest city in New Mexico. •Nearby Retailers: Costco, Hobby Lobby, Dillard’s, Home Depot, Walmart Supercenter, Buffalo Wild Wings, Outback Steakhouse, Chili’s, BJ’s Brewhouse, Texas Roadhouse, LongHorn Steakhouse, Popeyes, Taco Cabana, Starbucks, Tropical Smoothie Cafe, and more.
Description
Sands Investment Group is pleased to exclusively present the 6,157 SF Red Robin at 10009 Coors Blvd NW, Albuquerque, NM, for sale. The property features over 7 years remaining on an absolute Triple Net (NNN) lease with zero landlord responsibilities and 10% rent increases every five years (next increase in June 2026), offering a strong hedge against inflation and a secure, long-term investment.
Property Documents
Red Robin - Albuquerque, NM Brochure.pdf
4.29 MB
Listing Details
- Cap Rate
6%
- Tenancy
Single
- Space Type
Retail
- Sub Category
Fast Food/QSR
- Date Listed
10/24/2025
- Investment Type
Net Lease
- Net Operating Income
$300,000
Property Specifics
- Property Name
Red Robin - Albuquerque, NM
- Year Built
2001
- Building Size
6,157 SF
- Lot Size
1.51 Ac
- Occupancy
100%