412 Clayton Rd - Service Station FOR SALE


Raton, NM 87740
$3,262,579 USD
703-477-1315
412 Clayton Rd, Raton, NM for Sale
$3,262,579 USD
Service Station - FOR SALE
1/11
null | 6.25% Cap Rate

412 Clayton Rd
Raton, NM 87740


HIGHLIGHTS

  • Operating history of over 19 years.
  • 7.5% rent increases in 2031, 2036 and in each of the four 5-year renewal options.
  • Absolute NNN lease features ±14.5 years remaining and zero landlord obligations as Tenant is solely responsible for taxes, insurance and maintenance.

OVERVIEW

CBRE is pleased to exclusively offer for sale the 8,787-square-foot Alta convenience store and gas station situated on 2.20 acres in Raton,NM. Alta’s absolute NNN lease features ±14.5 years remaining and zero landlord obligations as Tenant is solely responsible for taxes, insurance and maintenance. Business is not for sale.

FOR SALE DETAILS

PRICE

$3,262,579 USD

PRICE/SF

$371 USD /SF

CAP RATE

6.25%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Alta: Raton, NM

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Service Station

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2007

SPRINKLERS

-

PARKING SPACES

18

LAND DETAILS

LAND ACRES

3 AC

LAND SF

130,680 SF

ZONING

-

APN/PARCEL ID

11105,14443

ASK ABOUT THIS PROPERTY

Thomas CarrCBREMore Info
703-477-1315

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Thomas CarrCBREMore Info
703-477-1315

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