Tenant: The Trinity Premises: 8,000 SF Renewal Options: 4 x 5 Years
Lease Expiration: 12 Years from COE Lease Type: Absolute NNN Rental Increases: 2% Annually
New 12 Year Absolute NNN Lease with No Landlord Responsibilities to Begin at Close of Escrow
2% Rent Increases Annually with Four (4) x Five (5) Year Options to Extend
Pride of Ownership with Trophy Location in the Heart of Carlsbad
Tourist Destination (Historic Landmark)
Fully Renovated and Now The Home to Carlsbad’s Finest Dining Establishment and Nine Luxurious Hotel Suites
Tenant Supported By Multiple Streams of Income from the Restaurant, Hotel, Coffee and Wine Sales
Over 2 X EBITDA Coverage Ratio
The Trinity Has Been Honored By Being Named “Best Restaurant In Carlsbad” and Chef Luis Was Recently Nominated For “Best Executive Chef in New Mexico”
In Cooperation with JDS Real Estate Services, Inc. – BoR: Jennifer D. Stein – Lic # 8838
The Trinity building was built in 1892 as the First National Bank, where it once housed the first newspaper and later became the historic headquarters of the Carlsbad Irrigation District. In 2007, three partners bought the building with the dream of restoring the decaying property. Many in the community said it couldn't be done, but today the old bank building is fully renovated and now the home to Carlsbad's finest hotel and dining establishment.
The Trinity serves breakfast, lunch and dinner Monday through Saturday. Breakfast and lunch feature classic dishes and their signature Green Chile cheeseburger. For dinner, they specialize in traditional American-Italian dishes like lasagna, chicken parmigiana, along with their own unique take on plates like their Lasagna Bolloco. Enjoy their full service coffee bar serving up your favorite espresso drinks and their own Trinity blend coffee. Every afternoon The Trinity puts on a wine tasting featuring their own Seven Rivers varieties made along the Pecos Valley.
This low-key hotel is 2.6 miles from the Carlsbad Caverns National Park Information Center and 5.7 miles from Living Desert Zoo & Gardens State Park.