Red Robin | Albuquerque, NM
Sands Investment Group is Pleased to Exclusively Offer For Sale the 6,157 SF Red Robin Absolute NNN Asset Located at 10009 Coors Blvd NW in Albuquerque, NM. This Deal Includes a 7+ Years Remaining on an Absolute Triple Net (NNN) Lease With Zero Landlord Responsibilities and 10% Rent Increases Every 5 Years, Providing a Healthy Hedge Against Inflation (Next Increase – June 2026), Providing For a Secured Investment.
- 7+ Years Remaining on an Absolute Triple Net (NNN) Lease With Zero Landlord Responsibilities | Proven 24+ Year Occupancy History
- 10% Rent Increases Every 5 Years, Providing a Healthy Hedge Against Inflation (Next Increase – June 2026)
- Corporately Guaranteed By Red Robin Gourmet Burgers and Brews (NASDAQ: RRGB). Red Robin Has Over 500 Locations in the United States, With 2023 Revenue at $1.28B
- Strong and Growing Demographics: Population of Over 191,301 People and Average Household Income of Over $108,454 Within a 5-Mile Radius
- Strategically Placed as an Outparcel of Cottonwood Mall, the Second Largest Mall in New Mexico, With 1,041,680 SQFT of Leasable Area, Providing For Outstanding Daily Traffic Counts
- Located Directly Off of Coors Blvd NW, Which Sees Over 72,000 Vehicles Per Day
- Adjacent to the 6th-largest High School in the State, With 1,752 Students
- Albuquerque is the Most Populous City in New Mexico
- Nearby National Retailers Include: Costco, Hobby Lobby, Dillard’s, The 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
In Cooperation With Sands Investment Group – Lic. #9623 BoR: Andrew Ackerman – Lic. NM #20310
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