4750 Sundt Rd NE - Freestanding FOR SALE
Rio Rancho, NM 87124 |
4750 Sundt Rd NE
Rio Rancho, NM 87124
HIGHLIGHTS
- Best in Class Tenant with Corporate Guaranty: O’Reilly Auto Parts is a “household name” and leader in retail auto parts
- Long Term Passive Lease: This newer property with high quality construction provides the landlord with a secure and passive stream of income
- Rental Increases: The lease has increases both in the base term and renewal options to improve the landlord’s cash flow and return
- Pandemic / Recession Resistant Business Model: O’Reilly Auto Parts was considered an essential retailer, therefore their stores stayed open
- Just north of Albuquerque, off Pat D’Arco Hwy 528, the store has great visibility with upwards of ±37,000 VPD driving by.
- This property neighbors national tenants including Sherwin-Williams Paint Store, Starbucks, Wendy’s, Subway, Papa John’s Pizza, and Albertsons;
FOR SALE DETAILS
PRICE
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CAP RATE
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% LEASED
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TENANCY
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BUILDING DETAILS
PROPERTY NAME
O'REILLY AUTO PARTS
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Freestanding
TOTAL BUILDING SIZE
7517
STORIES
1
YEAR BUILT
2018
SPRINKLERS
-
PARKING SPACES
21
LAND DETAILS
LAND ACRES
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LAND SF
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ZONING
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APN/PARCEL ID
1-014-069-408-404
