Whataburger Santa Fe, NM

3570 Cerrillos Rd
Santa Fe, NM

Price: $2,000,000
Cap Rate: 5.00%
NOI: $100,000
Building Size: Approx. 3,053 Sq. Ft.
Lot Size: Approx. 1.61 Acres
Type: Single-Tenant / Retail
Sub Category: QSR
Year Built: 2025

Investment Overview

  • 2025 Construction. 3,053+/- SF Building on 1.61+/- Acre Site
  • Brand New 20-Year Absolute NNN Ground Lease with 10% Rental Increases Every 5 Years in Both the Primary Term and Renewal Options
  • Oversized 1.61 Acre Parcel on Cerrillos Rd Santa Fe’s Primary Retail Corridor with Over 41,100 Vehicles Per Day
  • Dense Retail and Institutional Trade Area Anchored by numerous national brands including Target, Sam’s Club, and Walmart
  • High-Volume Tourism and Cultural Market Attracting Approx. 3 Million Annual Visitors and $680 Million in Annual Spending
  • Whataburger is the 4th Highest Performing Fast-Food Restaurant in the United States w/ $3.78B in Revenue Across their 1,100+ Locations
  • Santa Fe | Capital and Cultural Center of New Mexico Ranked the #1 U.S. Travel Destination for 2025 | Population: 90,125+

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