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Off Market
1/8

6300 Central Ave SE
Albuquerque, NM 87108


HIGHLIGHTS

  • Single-Tenant Absolute Net-Lease Circle K (Corporate Guaranty)
  • Over 2.5 years of lease term remaining through December 31, 2023 - Tenant has operated at this location since 2006
  • Strong real estate fundamentals - Hard corner, signalized intersection
  • Located across the street from the Downs Racetrack and Casino and the State Fairgrounds
  • Traffic counts exceed 28,800 CPD on Central and 15,200 CPD on San Pedro
  • Dense, in-fill retail corridor - neighboring tenants include Sonic, Mister Car Wash, and AutoZone among many others

OVERVIEW

The approximately 2,984 sq. ft. building is situated on about 0.65 acres. Circle K has operated at this location since 2006. This location sells alcohol which is very desirable and coveted by convenience stores. There are very high barriers to entry to sell alcohol due to strict zoning regulations as well as the limited and expensive liquor licenses. Circle K has over 15,000 locations located throughout the world. The company has a very strong presence in the Southwest and is the dominant convenience store operator in Albuquerque.

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

Circle K

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Convenience Store

TOTAL BUILDING SIZE

2984

STORIES

1

YEAR BUILT

1990

SPRINKLERS

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PARKING SPACES

6

LAND DETAILS

LAND ACRES

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LAND SF

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ZONING

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APN/PARCEL ID

1-018-057-279137-4-13-15