Retail Investment Group, Llc

Retail Investment Group, Llc

RETAIL INVESTMENT GROUP, LLC 2629 HIGHWAY 180 E | SILVER CITY, NM 88061 $1,050,000 | CAP: 8.0% LEASEHOLD INTEREST (SALE IS FOR THE BUILDING ONLY) RENDERING OF THIS LOCATION - DUE TO BE COMPLETED APRIL 2018 8255 E. RAINTREE DR, SUITE 100 STEVEN I. DAVIS SEAN STEPHENSON MARK MCLOONE ANDREW THOMAS KNIGHT SCOTTSDALE, AZ 85260 Managing Member Associate Associate Broker of Record (480) 429-4580 | [email protected] [email protected] [email protected] [email protected] License #19541 INVESTMENT SUMMARY PRICE: $1,050,000 CAP: 8.0% PROPERTY INFORMATION INVESTMENT HIGHLIGHTS Address: 2629 Highway 180 E | Silver City, New Mexico Leasehold Interest - Building Only Wal-Mart Supercenter Outparcel Strong 102 Unit Entity New 15 Year Lease Begins @ Time of Sale CAP Rate: 8.0% Absolute NNN Lease / Zero LL Obligations New Conversion Completion March, 2018 NOI: $84,000 Drive-thru Location Close Proximity to Western New Mexico University (±3500 Students) Building Size: ±2,153 Square Feet Land Area: ±27,442 Square Feet Lease Expiration: March 31, 2033 Lease Options: 4x5 Year Options Lessee: QK Holdings, LLC Lease Type: Absolute NNN Increases: 8.5% Every 5 Years Guarantee: QK Holdings, LLC is a 102 Unit Operator of Denny’s & Del Taco The information above has been obtained from sources believed reliable. While we do not doubt its accuracy, we have not verified it and make no representation, guarantee or warranty about it. It is your responsibility to independently confirm its accuracy and completeness. Any projections, estimates, opinions use are for example only. The value of this transaction to you depends on tax and other factors which should be evaluated by your tax, financial, and legal advisors. You and your advisors should conduct a careful, independent investigation of the property to determine to your satisfaction the suitability of the property for your needs. 8255 E. RAINTREE DR, SUITE 100 STEVEN I. DAVIS SEAN STEPHENSON MARK MCLOONE ANDREW THOMAS KNIGHT SCOTTSDALE, AZ 85260 Managing Member Associate Associate Broker of Record (480) 429-4580 | [email protected] [email protected] [email protected] [email protected] License #19541 8255 E. RAINTREE DR, SUITE 100 STEVEN I. DAVIS SEAN STEPHENSON MARK MCLOONE ANDREW THOMAS KNIGHT SCOTTSDALE, AZ 85260 Managing Member Associate Associate Broker of Record (480) 429-4580 | [email protected] [email protected] [email protected] [email protected] License #19541 8255 E. RAINTREE DR, SUITE 100 STEVEN I. DAVIS SEAN STEPHENSON MARK MCLOONE ANDREW THOMAS KNIGHT SCOTTSDALE, AZ 85260 Managing Member Associate Associate Broker of Record (480) 429-4580 | [email protected] [email protected] [email protected] [email protected] License #19541 8255 E. RAINTREE DR, SUITE 100 STEVEN I. DAVIS SEAN STEPHENSON MARK MCLOONE ANDREW THOMAS KNIGHT SCOTTSDALE, AZ 85260 Managing Member Associate Associate Broker of Record (480) 429-4580 | [email protected] [email protected] [email protected] [email protected] License #19541 8255 E. RAINTREE DR, SUITE 100 STEVEN I. DAVIS SEAN STEPHENSON MARK MCLOONE ANDREW THOMAS KNIGHT SCOTTSDALE, AZ 85260 Managing Member Associate Associate Broker of Record (480) 429-4580 | [email protected] [email protected] [email protected] [email protected] License #19541 ABOUT DEL TACO Del Taco is an American fast food restaurant chain which specializes in American-style Mexican cuisine as well as American foods such as burgers, fries, and shakes. Del Taco is led by CEO John D. Cappasola, Jr., and is headquartered in Lake Forest, California Ed Hackbarth and David Jameson opened the first Del Taco in Yermo, CA in 1964. With a menu of 19¢ tacos, tostadas, fries and 24¢ cheeseburgers, Del Taco brought in $169 in sales on its first day in business. Del Taco thrived during the 1970s. By 1977 there were 50 restaurants and by 1978 there were 100. In 1988, Del Taco greatly increased in size and geographic reach by merging with Naugles restaurant chain. Del Taco also began to stay open all night to serve the growing needs of the new 24/7 lifestyle. In the 90s Del Taco set the stage for extreme growth by launching a series of initiatives to improve the total customer experience and grow the brand’s image, including a new logo design. By 2006, Del Taco nearly doubled in size and opened the 500th restaurant in 2008. In 2016 Del Taco launched THE Del Taco, inspired by the original and loaded with more of everything you love. Everything Del Taco stands for is represented by this new signature taco. 8255 E. RAINTREE DR, SUITE 100 STEVEN I. DAVIS SEAN STEPHENSON MARK MCLOONE ANDREW THOMAS KNIGHT SCOTTSDALE, AZ 85260 Managing Member Associate Associate Broker of Record (480) 429-4580 | [email protected] [email protected] [email protected] [email protected] License #19541 SILVER CITY | NEW MEXICO Silver City is a gem in Southwest New Mexico with forest recreation, a vibrant historic downtown, an art community, and dozens of festivals and events. It is the county seat and the home of Western New Mexico University. As of the 2010 census the population was 10,315. In 2015 the population was estimated to be 10,004. Tourism, retirement and trade are the other major components of Silver City’s economy. In 2006, an average home sold for about $160,000 for a three-bedroom, 1,500-square-foot house. In 1893, New Mexico Normal School was established. It was later known as New Mexico Western State Teachers College. In 1963, it was renamed Western New Mexico University. Today, WNMU offers eight graduate degrees, 41 baccalaureate degrees, and 1 8 associate degree and certificate programs. The WNMU athletic team is referred to as the Mustangs. Recognition for the university includes the 2003 Zia Award, the 2005 Best Practice Award (for the School of Education), the 2006 Chamber of Commerce Large Business of the Year Award, the 2008 Piñon Award, and the 2008 Compañero Award. 8255 E. RAINTREE DR, SUITE 100 STEVEN I. DAVIS SEAN STEPHENSON MARK MCLOONE ANDREW THOMAS KNIGHT SCOTTSDALE, AZ 85260 Managing Member Associate Associate Broker of Record (480) 429-4580 | [email protected] [email protected] [email protected] [email protected] License #19541.

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