Signalized Drive-Thru Corner | ±0.77 Acres | Redevelopment Opportunity | Albuquerque, NM
$1,300,000
401 Louisiana Boulevard Southeast, Albuquerque, NM 87108
1,406 sqft
Building Size
0.7712 acres
Lot Area
Details:
Highlights:
- • ±0.77-Acre Signalized Corner
- • Existing Drive-Thru Configuration
- • ±1,406 SF Freestanding Building
- • Three Points of Access
- • Approximately 24 Parking Spaces
- • ±23,500 VPD on Louisiana Blvd. SE and
Description:
Available Drive-Thru Real Estate / Redevelopment Opportunity
Net Leased Real Properties is pleased to offer for sale 401 Louisiana Blvd. SE, Albuquerque, New Mexico, a freestanding drive-thru property situated on approximately 0.77 acres at the signalized intersection of Louisiana Boulevard SE and Zuni Road SE.
The property features an existing ±1,406 SF freestanding drive-thru restaurant, approximately 24 parking spaces, and three points of access from Louisiana Boulevard SE, Zuni Road SE and Kentucky Street SE. The relatively small building footprint provides substantial land area and flexibility for restaurant reuse, expansion or redevelopment.
The existing Church’s Chicken lease expires December 31, 2026, creating a near-term opportunity for a QSR operator, owner-user, developer or investor to reposition the property for its next use.
The site is zoned MX-2 | Mixed-Use Low Density and benefits from traffic counts of approximately 23,500 VPD on Louisiana Boulevard SE and 13,711 VPD on Zuni Road SE.
Potential Assemblage Opportunity: The owner of the adjoining approximately 0.27-acre parcel immediately west of the property has indicated that they would consider selling. Subject to reaching an agreement with the adjoining owner, the two parcels could potentially be assembled to create a site of approximately one acre, providing additional flexibility for a larger QSR prototype or redevelopment.
Documents:
| Title | ||
|---|---|---|
|
Available_Albuquerque_Corner_0.77_Acres_OM.pdf
|
Location
Gallery