1503 Main St SW - Car Washes FOR SALE


Los Lunas, NM 87031
$5,359,858 USD
503-222-2655
1503 Main St SW, Los Lunas, NM for Sale
$5,359,858 USD
Car Washes - FOR SALE
1/9
null | 5.65% Cap Rate

1503 Main St SW
Los Lunas, NM 87031


HIGHLIGHTS

  • Absolute NNN Lease - Zero Landlord Responsibilities
  • 20-Year Initial Term + Four (4) 5-Year Renewal Options (~38+ Years Total)
  • 1.75% Annual Escalations - Compounded Annually
  • Mister Carwash taken private by Leonard Green & Partners in May 2026

OVERVIEW

Single Tenant NNN Leased Investment in Los Lunas, NM Annual Rent Increases | Built in 2023 Sale Price: $5,359,858 CAP: 5.65% NOI: $302,832 Rent Increases: 1.75% Per Annum Net Rentable: 5,436 SF Lot Size: 1.07 AC APN: 1 008 039 364 070

FOR SALE DETAILS

PRICE

$5,359,858 USD

PRICE/SF

$986 USD /SF

CAP RATE

5.65%

% LEASED

-

TENANCY

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Los Lunas Mister Car Wash

PROPERTY TYPE

Specialty

PROPERTY SUBTYPE

Car Washes

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

B

YEAR BUILT

2023

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

1.07 AC

LAND SF

46,609 SF

ZONING

-

APN/PARCEL ID

1-008-039-364-070-000000

ASK ABOUT THIS PROPERTY

Nicholas DiamondCapacity Commercial Group LLCMore Info
503-222-2655

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.

Nicholas DiamondCapacity Commercial Group LLCMore Info
503-222-2655

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.