IHOP Net Lease

1580 Main Street , Los Lunas, NM 87031

  • For Sale $1,525,000
  • Property Type Other
  • Additional Rent Contact for pricing
  • Year Built 2014
  • 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 1580 Main Street in Los Lunas, New Mexico. The subject property is located in a popular shopping center off of Interstate 25 and Highway 6, two main thoroughfares in New Mexico. 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 occupied by a reputable national tenant.

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

  • 4,010 SF building on 42,732 SF of fee simple land
  • Occupied by national tenant, IHOP
  • 14 years remaining on lease, and two five-year options
  • Outparcel to a Home Depot & Lowes anchored power center
  • Close proximity to synergistic National Retailers such as McDonalds Del Taco, Wendys, Burger King, Jersey Mikes, Subway, Applebees, T-Mobile, Auto Zone, and Starbucks
  • Situated on heavily trafficked Main Street/Highway 6 (21,760 VPD)

Contacts

broker
Chris Maling

Avison Young - US - CA - Los Angeles

broker
David Maling

Avison Young - US - CA - Los Angeles

Location

Getting Around

  • Walk Score ®

    53/100 Somewhat Walkable

  • Bike Score ®

    33/100 Somewhat Bikeable
Powered by Walk Score ®
  • City Los Lunas, NM
  • Zip Code 87031
  • Market Albuquerque

Points of Interest

  • Murphy Express

    0.11 miles

  • Chevron

    0.17 miles

  • Shell

    0.28 miles

  • Philips 66

    0.81 miles

  • Maverik

    1.07 miles

  • Allsup's Convenience Stores, Inc

    1.11 miles

  • Speedway

    1.12 miles

  • Alon

    2.71 miles

  • Smith's Gas

    2.92 miles

  • Los Lunas Inn & Suites

    0.20 miles

  • Days Inn by Wyndham Los Lunas

    0.39 miles

  • Western Skies Inn & Suites

    0.69 miles

  • Mesa Inn Hotel

    9.95 miles

  • IHOP

    0.00 miles

  • Applebee's

    0.06 miles

  • Benny's

    0.06 miles

  • Benny's II

    0.06 miles

  • Sonic

    0.08 miles

  • Jersey Mike's Subs

    0.09 miles

  • Wienerschnitzel

    0.10 miles

  • Burger King

    0.11 miles

  • Pizza9

    0.11 miles

  • McDonald's

    0.15 miles

  • Los Lunas High School

    0.33 miles

  • Katherine Gallegos Elementary School

    0.75 miles

  • UNM Valencia WTC

    1.20 miles

  • Raymond Gabaldon Elementary School

    1.30 miles

  • Los Lunas Middle School

    1.34 miles

  • Los Lunas Elementary

    1.61 miles

  • Sundance Elementary

    1.86 miles

  • Century High School

    2.78 miles

  • Peralta Elementary School

    3.74 miles

  • Valencia Elementary School

    3.79 miles

  • Kids Korner Preschool & Daycare

    1.36 miles

  • Little Learners Child Development Center

    3.05 miles

  • Peralta's Playhouse

    4.59 miles

Frequently Asked Questions

How much does IHOP Net Lease cost?

The space currently listed for sale at IHOP Net Lease asks for $1,525,000.

What is the total square footage of IHOP Net Lease?

IHOP Net Lease totals 373 square feet.

When was this property built?

IHOP Net Lease was built in 2014.

Looking for more in-depth information on this property?

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Contact IHOP Net Lease