IHOP Net Lease

2900 North Telshor Blvd, Las Cruces, NM 88011

  • For Sale $1,895,000
  • Property Type Other
  • Additional Rent Contact for pricing
  • Year Built 1994
  • Date Updated Dec 18, 2024

Avison Young is pleased to present the opportunity to acquire the single-tenant IHOP on fee simple land located at 2900 North Telshor Boulevard in Las Cruces, New Mexico. The subject property is located off of Interstate 25 and Highway 70, in an area with a high density of hotels and National Credit Tenant retailers. IHOP currently has 14 years remaining on the lease with two, five-year options to exercise. This is an excellent opportunity to acquire a stable investment operated by a multi-unit franchisee.

This location is currently part of a five-property portfolio. All five IHOP locations are for sale and can be purchased as a portfolio if desired. Contact brokers for more information.


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Highlights

  • 5,175 SF building on 46,541 SF of fee simple land
  • Operated as an IHOP by a multi-unit franchisee
  • 14 years remaining on lease, and two five-year options
  • Located immediately off of Interstate 25 and Highway 70 (approx. 32,00 VPD)
  • Ample parking
  • Excellent location surrounded by synergistic national retailers such as: Sams Club, Starbucks, AT&T, Coldstone, Kohls, and Lowes
  • In close proximity to a Holiday Inn, Motel 6, Marriot, and Hilton Hotel

Contacts

broker
Chris Maling

Avison Young - US - CA - Los Angeles

broker
David Maling

Avison Young - US - CA - Los Angeles

Location

Getting Around

  • Walk Score ®

    41/100 Car-Dependent

  • Bike Score ®

    40/100 Somewhat Bikeable
Powered by Walk Score ®
  • City Las Cruces, NM
  • Zip Code 88011
  • Market El Paso

Points of Interest

  • Circle K

    0.08 miles

  • Sam's Club

    0.31 miles

  • Valero

    0.90 miles

  • Alon

    0.94 miles

  • Chevron

    0.94 miles

  • Shell

    1.13 miles

  • Marathon

    2.11 miles

  • Tesla Supercharger

    4.76 miles

  • Visitor Side Parking

    3.47 miles

  • Handicaped Parking

    3.48 miles

  • Football Booster, Players, and Trainers Parking

    3.49 miles

  • Reserved Parking

    3.52 miles

  • Cheer, Pom, Band Parking

    3.57 miles

  • Reserved parking

    3.58 miles

  • Home Side Parking

    3.62 miles

  • Lot 30

    4.84 miles

  • Handicap Parking

    4.94 miles

  • Staybridge Suites Las Cruces

    0.03 miles

  • TownePlace Suites Las Cruces

    0.46 miles

  • Holiday Inn Express & Suites Las Cruces North

    0.53 miles

  • Fairfield Inn Las Cruces

    0.63 miles

  • Motel 6 Las Cruces - Telshor

    0.66 miles

  • Super 8 Las Cruces/White Sands Area

    0.82 miles

  • Home2 Suites by Hilton Las Cruces

    1.10 miles

  • Century 21 Motel

    1.86 miles

  • Hampton

    2.55 miles

  • Hotel Encanto de Las Cruces

    3.04 miles

  • IHOP

    0.00 miles

  • Peter Piper Pizza

    0.10 miles

  • Papa John's

    0.16 miles

  • Subway

    0.22 miles

  • Red Brick Pizza

    0.31 miles

  • Cafe A Go Go

    0.36 miles

  • Ruby Tuesday

    0.48 miles

  • Uno's Chicago Pizzaria

    0.58 miles

  • Domino's

    0.60 miles

  • Burger Time

    0.75 miles

  • Jornada Elementary School

    0.80 miles

  • J. Paul Taylor Academy

    0.82 miles

  • Camino Real Middle School

    1.00 miles

  • Mission Lutheran Church School

    1.26 miles

  • Loma Heights Elementary School

    1.46 miles

  • Dona Ana Community College East Mesa Campus

    1.60 miles

  • Highland Elementary School

    1.76 miles

  • Sierra Middle School

    1.89 miles

  • Vista Middle School

    2.11 miles

  • Sonoma Elementary School

    2.12 miles

  • Discovery Child Development

    3.22 miles

  • Children's Learning Adventure

    3.85 miles

  • The Children's Garden

    3.91 miles

  • Noah's Ark Learning Center

    4.34 miles

  • Myrna's Children's Village

    5.59 miles

Frequently Asked Questions

How much does IHOP Net Lease cost?

The space currently listed for sale at IHOP Net Lease asks for $1,895,000.

What is the total square footage of IHOP Net Lease?

IHOP Net Lease totals 481 square feet.

When was this property built?

IHOP Net Lease was built in 1994.

Looking for more in-depth information on this property?

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Contact IHOP Net Lease