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DAIRY QUEEN RESTAURANT BUILDING Coldwell Banker Commercial Las Colinas 4801 Lang Ave. NE, Suite 100, Albuquerque, NM 87109 CBCWorldwide.com Las Colinas FOR SALE 2202 Central Ave. SW Albuquerque, NM 87121 Carrie Mellenbruch Associate Broker 505-563-4651 Office [email protected] Amar Tesch II Associate Broker 505-563-4659 Office 505-504-1992 Mobile © 2015 Coldwell Banker Real Estate LLC, dba Coldwell Banker Commercial Affiliates. All Rights Reserved. Coldwell Banker Real Estate LLC, dba Coldwell Banker Commercial Affiliates fully supports the principles of the Equal Opportunity Act. Each Office is Independently Owned and Operated. Coldwell Banker Commercial and the Coldwell Banker Commercial Logo are registered service marks owned by Coldwell Banker Real Estate LLC, dba Coldwell Banker Commercial Affiliates. The information above has been obtained from sources deemed reliable. While we do not doubt the accuracy, we have not verified it and make no guarantee, warranty or representation about it. It is your responsibility to independently confirm its accuracy and completeness. Any projections, opinions, assumptions or estimates used are for example only and do not represent the current or future performance of the property. 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. Price Reduced!

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Page 1: Las Colinas Price Reduced! · DAIRY QUEEN RESTAURANT BUILDING Coldwell Banker Commercial Las Colinas 4801 Lang Ave. NE, Suite 100, Albuquerque, NM 87109 CBCWorldwide.com Las Colinas

DAIRY QUEEN RESTAURANT BUILDING

Coldwell Banker CommercialLas Colinas

4801 Lang Ave. NE, Suite 100, Albuquerque, NM 87109

CBCWorldwide.com

Las Colinas

FOR SALE2202 Central Ave. SWAlbuquerque, NM 87121

Carrie MellenbruchAssociate Broker505-563-4651 Office [email protected]

Amar Tesch IIAssociate Broker505-563-4659 Office505-504-1992 Mobile

© 2015 Coldwell Banker Real Estate LLC, dba Coldwell Banker Commercial Affiliates. All Rights Reserved. Coldwell Banker Real Estate LLC, dba Coldwell Banker Commercial Affiliates fully supports the principles of the Equal Opportunity Act. Each Office is Independently Owned and Operated. Coldwell Banker Commercial and the Coldwell Banker Commercial Logo are registered service marks owned by Coldwell Banker Real Estate LLC, dba Coldwell Banker Commercial Affiliates. The information above has been obtained from sources deemed reliable. While we do not doubt the accuracy, we have not verified it and make no guarantee, warranty or representation about it. It is your responsibility to independently confirm its accuracy and completeness. Any projections, opinions, assumptions or estimates used are for example only and do not represent the current or future performance of the property. 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.

Price Reduced!

Page 2: Las Colinas Price Reduced! · DAIRY QUEEN RESTAURANT BUILDING Coldwell Banker Commercial Las Colinas 4801 Lang Ave. NE, Suite 100, Albuquerque, NM 87109 CBCWorldwide.com Las Colinas

CBCWorldwide.com 2

DAIRY QUEEN RESTAURANT BUILDING

Las Colinas

THE PROPERTY

Dairy Queen Restaurant Building For Sale2202 Central Ave. SWAlbuquerque, NM 87121

PROPERTY SPECIFICATIONS

PRICE

Property Type: Franchised Restaurant/Free-Standing Building/Retail

Building Size: +/- ,2,200 SF

Land: +/- 0.37 Acre

Zoning: C-2

Sale Price: $570,000.00

$560,000.00Dairy Queen Building

• BuildingNeedstobeSoldwithFranchiseorBuildingcanbeSoldAfterFranchiseSold

• Standalonebuildingwithdrivethrough• EasyaccessfrombothEastandWestlanesonCentral• CurrentlocationhasexcellentvisibilityfromCentral

andRioGrandeBlvd.• Twowalkinfreezers-Onecurrentlyinuse• Twohoodswithfiresuppression• Seats18insiderestaurant• TurnkeyIceCreamFranchisefor$295,000.00with

Grandfatheredbenefits• Franchiseisaseparatesaleandadditionaltobuilding

sale-MustgothroughapprovalprocesswithDQ• TerritorialDairyQueenFranchiseareathatsurrounds

DowntownAlbuquerque• FranchiseBenefitincludes:“DevelopmentRights:”

RighttooperatemultipleDairyQueenstoreswithinExistingTerritory.

PROPERTY DETAILS

Located: • One block West of Old Town, an Albuquerque Tourist Area

• West of Downtown• Located directly on Route 66, one block

West of Rio Grande Blvd.• Minutes away from Bio Park Zoo, Botanical

Garden, and Tingley Beach and Aquarium• Walking distance to Old Town

LOCATION INFORMATION

Page 3: Las Colinas Price Reduced! · DAIRY QUEEN RESTAURANT BUILDING Coldwell Banker Commercial Las Colinas 4801 Lang Ave. NE, Suite 100, Albuquerque, NM 87109 CBCWorldwide.com Las Colinas

CBCWorldwide.com 3

DAIRY QUEEN RESTAURANT BUILDING

Las Colinas

PROPERTY OVERVIEW

PROPERTY PHOTOS

Page 4: Las Colinas Price Reduced! · DAIRY QUEEN RESTAURANT BUILDING Coldwell Banker Commercial Las Colinas 4801 Lang Ave. NE, Suite 100, Albuquerque, NM 87109 CBCWorldwide.com Las Colinas

CBCWorldwide.com 4

DAIRY QUEEN RESTAURANT BUILDING

Las Colinas

PROPERTY OVERVIEW

PROPERTY PHOTOS

Page 5: Las Colinas Price Reduced! · DAIRY QUEEN RESTAURANT BUILDING Coldwell Banker Commercial Las Colinas 4801 Lang Ave. NE, Suite 100, Albuquerque, NM 87109 CBCWorldwide.com Las Colinas

CBCWorldwide.com 5

DAIRY QUEEN RESTAURANT BUILDING

Las Colinas

PROPERTY OVERVIEW

PROPERTY PHOTOS

Page 6: Las Colinas Price Reduced! · DAIRY QUEEN RESTAURANT BUILDING Coldwell Banker Commercial Las Colinas 4801 Lang Ave. NE, Suite 100, Albuquerque, NM 87109 CBCWorldwide.com Las Colinas

CBCWorldwide.com 6

DAIRY QUEEN RESTAURANT BUILDING

Las Colinas

AERIAL & ROAD MAP

30,620 VPD

30,620 VPD

30,8

30 V

PD

30,8

30 V

PD

34,4

50 V

PD34

,450

VPD

Old Town

Old Town

Page 7: Las Colinas Price Reduced! · DAIRY QUEEN RESTAURANT BUILDING Coldwell Banker Commercial Las Colinas 4801 Lang Ave. NE, Suite 100, Albuquerque, NM 87109 CBCWorldwide.com Las Colinas

This map was produced using data from private and government sources deemed to be reliable. The information herein is provided without representation or warranty.

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1, 3, 5 Mile RadiusMap & Demographics

Page 8: Las Colinas Price Reduced! · DAIRY QUEEN RESTAURANT BUILDING Coldwell Banker Commercial Las Colinas 4801 Lang Ave. NE, Suite 100, Albuquerque, NM 87109 CBCWorldwide.com Las Colinas

Demographic Source: Applied Geographic Solutions 06/2012, TIGER Geography page 1 of 3©2015, Sites USA, Chandler, Arizona, 480-491-1112

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GRAPHIC PROFILE2000-2010 Census, 2012 Estimates with 2017 Projections

Calculated using Proportional Block Groups

Prepared By: Carrie Mellenbruch & Amar Tesch II

Lat/Lon: 35.0950/-106.6733RGRAP3

2202 Central Ave SW1 Mile 3 Miles 5 Miles

Albuquerque, NM

Population

Estimated Population (2012) 9,342 101,769 249,820Projected Population (2017) 9,868 107,405 263,743Forecasted Population (2022) 9,890 107,639 264,322Census Population (2010) 9,104 99,218 243,517Census Population (2000) 8,856 93,316 206,022

Projected Annual Growth (2012-2017) 526 1.1% 5,636 1.1% 13,923 1.1%Historical Annual Growth (2010-2012) 237 1.4% 2,550 3.0% 6,302 7.7%Historical Annual Growth (2000-2010) 249 0.3% 5,902 0.6% 37,495 1.8%

Estimated Population Density (2012) 2,976 psm 3,601 psm 3,183 psmTrade Area Size 3.1 sq mi 28.3 sq mi 78.5 sq mi

Race and Ethnicity (2012)

Not Hispanic or Latino Population 3,812 40.8% 31,772 31.2% 90,611 36.3%White 2,713 71.2% 19,750 62.2% 58,336 64.4%Black or African American 151 4.0% 1,766 5.6% 4,810 5.3%American Indian or Alaska Native 244 6.4% 2,587 8.1% 6,673 7.4%Asian 53 1.4% 773 2.4% 2,807 3.1%Hawaiian or Pacific Islander 6 0.2% 49 0.2% 134 0.1%Other Race 140 3.7% 1,090 3.4% 2,254 2.5%Two or More Races 505 13.2% 5,757 18.1% 15,598 17.2%

Hispanic or Latino Population 5,530 59.2% 69,997 68.8% 159,209 63.7%White 3,478 62.9% 40,128 57.3% 92,482 58.1%Black or African American 62 1.1% 939 1.3% 2,253 1.4%American Indian or Alaska Native 148 2.7% 1,665 2.4% 4,222 2.7%Asian 30 0.5% 295 0.4% 911 0.6%Hispanic Hawaiian or Pacific Islander 7 0.1% 98 0.1% 212 0.1%Other Race 525 9.5% 7,065 10.1% 12,683 8.0%Two or More Races 1,279 23.1% 19,806 28.3% 46,445 29.2%

Page 9: Las Colinas Price Reduced! · DAIRY QUEEN RESTAURANT BUILDING Coldwell Banker Commercial Las Colinas 4801 Lang Ave. NE, Suite 100, Albuquerque, NM 87109 CBCWorldwide.com Las Colinas

Demographic Source: Applied Geographic Solutions 06/2012, TIGER Geography page 2 of 3©2015, Sites USA, Chandler, Arizona, 480-491-1112

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GRAPHIC PROFILE2000-2010 Census, 2012 Estimates with 2017 Projections

Calculated using Proportional Block Groups

Prepared By: Carrie Mellenbruch & Amar Tesch II

Lat/Lon: 35.0950/-106.6733RGRAP3

2202 Central Ave SW1 Mile 3 Miles 5 Miles

Albuquerque, NM

Age Distribution (2008)

Age Under 5 Years 567 6.1% 6,944 6.8% 18,101 7.2%

Age 5 to 9 Years 467 5.0% 6,511 6.4% 17,526 7.0%

Age 10 to 14 Years 445 4.8% 6,116 6.0% 16,311 6.5%

Age 15 to 19 Years 512 5.5% 7,332 7.2% 18,271 7.3%

Age 20 to 24 Years 648 6.9% 8,555 8.4% 20,621 8.3%

Age 25 to 29 Years 745 8.0% 8,314 8.2% 20,685 8.3%

Age 30 to 34 Years 706 7.6% 7,242 7.1% 18,910 7.6%

Age 35 to 39 Years 616 6.6% 6,463 6.4% 16,488 6.6%

Age 40 to 44 Years 613 6.6% 6,048 5.9% 15,401 6.2%

Age 45 to 49 Years 575 6.2% 6,369 6.3% 15,590 6.2%

Age 50 to 54 Years 652 7.0% 6,528 6.4% 15,845 6.3%

Age 55 to 59 Years 698 7.5% 6,529 6.4% 15,208 6.1%

Age 60 to 64 Years 669 7.2% 5,658 5.6% 12,897 5.2%

Age 65 to 69 Years 484 5.2% 4,334 4.3% 9,334 3.7%

Age 70 to 74 Years 316 3.4% 3,232 3.2% 6,638 2.7%

Age 75 to 79 Years 252 2.7% 2,194 2.2% 4,605 1.8%

Age 80 to 84 Years 171 1.8% 1,680 1.7% 3,549 1.4%

Age 85 Years or Over 209 2.2% 1,721 1.7% 3,840 1.5%

Median Age 38.6 34.8 33.7

Generation (2012)

Generation 9/11 Millennials (Age Under 10 Years) 1,033 11.1% 13,455 13.2% 35,627 14.3%

Gen Y to Echo Boomers (Age 10 to 29 Years) 2,351 25.2% 30,316 29.8% 75,889 30.4%

Gen Xers (Age 30 to 49 Years) 2,509 26.9% 26,121 25.7% 66,390 26.6%

Baby Boomers (Age 50 to 69 Years) 2,502 26.8% 23,049 22.6% 53,283 21.3%

Silent Generation (Age 70 to 79 Years) 568 6.1% 5,426 5.3% 11,242 4.5%

G.I. Generation (Age 80 Years or Over) 379 4.1% 3,401 3.3% 7,389 3.0%

Page 10: Las Colinas Price Reduced! · DAIRY QUEEN RESTAURANT BUILDING Coldwell Banker Commercial Las Colinas 4801 Lang Ave. NE, Suite 100, Albuquerque, NM 87109 CBCWorldwide.com Las Colinas

Demographic Source: Applied Geographic Solutions 06/2012, TIGER Geography page 3 of 3©2015, Sites USA, Chandler, Arizona, 480-491-1112

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GRAPHIC PROFILE2000-2010 Census, 2012 Estimates with 2017 Projections

Calculated using Proportional Block Groups

Prepared By: Carrie Mellenbruch & Amar Tesch II

Lat/Lon: 35.0950/-106.6733RGRAP3

2202 Central Ave SW1 Mile 3 Miles 5 Miles

Albuquerque, NM

Household Type (2012)

Total Households 4,492 41,353 98,297Family Households 2,130 24.6% 23,386 26.3% 58,990 26.4%Family Households with Children 1,024 48.0% 12,494 53.4% 32,992 55.9%Family Households No Children 1,107 52.0% 10,892 46.6% 25,997 44.1%

Non-Family Households 2,362 24.6% 17,967 26.3% 39,307 26.4%Non-Family Households with Children 9 0.4% 90 0.5% 175 0.4%Non-Family Households No Children 2,352 99.6% 17,877 99.5% 39,133 99.6%

Education Attainment (2012)

Elementary or Some High School 1,084 16.2% 15,310 23.1% 30,382 19.1%High School Graduate 1,383 20.6% 16,698 25.2% 38,430 24.2%Some College or Associate Degree 1,690 25.2% 17,831 26.9% 44,832 28.2%Bachelor or Graduate Degree 2,546 38.0% 16,472 24.8% 45,345 28.5%

Household Income (2012)

Estimated Average Household Income $55,859 $48,376 $53,621Estimated Median Household Income $41,700 $38,399 $42,932

HH Income Under $10,000 333 7.4% 4,967 12.0% 9,454 9.6%HH Income $10,000 to $34,999 2,010 44.7% 19,983 48.3% 41,199 41.9%HH Income $35,000 to $44,999 566 12.6% 6,031 14.6% 16,306 16.6%HH Income $50,000 to $79,999 890 19.8% 7,148 17.3% 17,917 18.2%HH Income $80,000 to $94,999 369 8.2% 3,011 7.3% 8,871 9.0%HH Income $100,000 to $149,999 369 8.2% 3,011 7.3% 8,871 9.0%HH Income $150,000 or More 328 7.3% 1,677 4.1% 4,625 4.7%