3900 Southern Blvd SE - Auto Repair FOR SALE


Rio Rancho, NM 87124
$1,327,970 USD
203-253-9455
3900 Southern Blvd SE, Rio Rancho, NM for Sale
$1,327,970 USD
Auto Repair - FOR SALE
1/3
null | 6.65% Cap Rate

3900 Southern Blvd SE
Rio Rancho, NM 87124


HIGHLIGHTS

  • Exceptional Traffic Counts (Over 73,000 VPD)
  • Dense Retail Corridor
  • Attractive Demographics
  • Recession-Resistance Service
  • Proximity to Downtown Albuquerque

OVERVIEW

Surmount is pleased to present the exclusive listing for a Take 5 Oil Change located at 3900 Southern Boulevard Southeast, Rio Rancho, NM 87124. The site consists of roughly 1,423 rentable square feet of building space on an estimated 0.11-acre parcel of land. Take 5 Oil Change is subject to a 15-year Triple Net (NNN) lease, which commenced 4/26/2023. The current annual rent is $88,310 and has scheduled increases of 10% in Year 11 and Options.

FOR SALE DETAILS

PRICE

$1,327,970 USD

PRICE/SF

$1,010 USD /SF

CAP RATE

6.65%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Take 5 Oil Change

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Auto Repair

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2024

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.11 AC

LAND SF

4,792 SF

ZONING

-

APN/PARCEL ID

-

ASK ABOUT THIS PROPERTY

Edward OtockaSurmountMore Info
203-253-9455

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Edward OtockaSurmountMore Info
203-253-9455

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