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Taco Bell - Gallup, NM (E Hwy 66)
914 E Hwy 66, Gallup, NM 87301
Available Now
$3,000,000
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1 / 2
FOR SALERetail / Fast Food
Cap Rate
5.5%
NOI
$165,000
Building Size
2,842SF
Lot Size
0.83ac
Occupancy
100%
Tenancy
Single Tenant
Listing Contacts
More property details
Currently Leased
No
Investment
Sale/Leaseback
Location
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Taco Bell - Gallup, NM (E Hwy 66)
About the location
Sands Investment Group is pleased to exclusively present the 2,842 SF Taco Bell at 914 East Highway 66, Gallup, NM, for sale. The property features a long-term 15-year sale leaseback with zero landlord responsibilities and 10% rent increases every five years, offering a strong hedge against inflation and a secure, long-term investment.
Location highlights
- Lease Structure: Long-term 15-year sale leaseback with zero landlord responsibilities.
- Income Growth: 10% rent increases every five years, providing a strong hedge against inflation.
- Operator Strength: Emerge Inc., an award-winning and expanding operator with 185 units across four brands, including a 40+ unit personal guarantee.
- Sales Performance: Strong sales with a healthy rent-to-sales ratio (details available upon request).
- Prime Location: 0.5 miles from Hwy 40, a major east-west interstate spanning 2,557 miles; located on Hwy 66, Gallup’s main thoroughfare.
- Target Demographic: Ideal Taco Bell customer base with limited competition; near Gallup-McKinley County Schools (1,819 students, 778 educators).
- Nearby Retailers: Domino’s Pizza, Lowe’s, Baskin-Robbins, Starbucks, Pizza Hut, Long John Silver’s, O’Reilly Auto Parts, Albertsons, Walgreens, Dairy Queen, Subway, McDonald’s, Burger King, Verizon, Sonic, and more.