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1620 Carlisle Blvd SE
3,280 SF Retail Building Albuquerque, NM 87106 $2,664,844 CAD ($812 CAD/SF) 14.04% Cap Rate
Investment Highlights
- Owner will consider Sale, Lease, Lease Purchase, and Lease Option to Buy.
- Tanks are pumping 75,000 gallons/mo.
- New pumps, canopy, and face done within last 3 months. New pump motors installed in 2015.
- C-store does $70,000-$75,000/mo.
- Former Car Wash building is a value add to the tenant or buyer to lease to emissions, smoke shop or other compatible sublease.
- New roof, bathrooms, AC, & LED lighting - totalling $70,000.
Executive Summary
Property Facts
Space Availability
- Space
- Size
- Space Use
- Position
- Available
? Owner will consider Sale, Lease, Lease Purchase, and Lease Option to Buy. ? $200,000 non-refundable down payment for lease, and must purchase current inventory at cost. ? C-store does $70,000-$75,000/mo. ? Tanks are pumping 75,000 gallons/mo. ? New roof, bathrooms, AC, & LED lighting - totaling $70,000. ? New pumps, canopy, and face done within last 3 months. ? New pump motors installed in 2015. ? 10+ years on Valero contract, with profit margins of 29-50 cents/gallon. ? Former Car Wash building is a value add to the tenant or buyer to lease to emissions, smoke shop or other compatible sublease. ? 35,400 VPD on Gibson Blvd, 5,400 VPD on Carlisle Blvd.
| Space | Size | Space Use | Position | Available |
| 1st Floor | 3,280 SF | Retail | Outparcel | Now |
1st Floor
| Size |
| 3,280 SF |
| Space Use |
| Retail |
| Position |
| Outparcel |
| Available |
| Now |
1st Floor
| Size | 3,280 SF |
| Space Use | Retail |
| Position | Outparcel |
| Available | Now |
? Owner will consider Sale, Lease, Lease Purchase, and Lease Option to Buy. ? $200,000 non-refundable down payment for lease, and must purchase current inventory at cost. ? C-store does $70,000-$75,000/mo. ? Tanks are pumping 75,000 gallons/mo. ? New roof, bathrooms, AC, & LED lighting - totaling $70,000. ? New pumps, canopy, and face done within last 3 months. ? New pump motors installed in 2015. ? 10+ years on Valero contract, with profit margins of 29-50 cents/gallon. ? Former Car Wash building is a value add to the tenant or buyer to lease to emissions, smoke shop or other compatible sublease. ? 35,400 VPD on Gibson Blvd, 5,400 VPD on Carlisle Blvd.
PROPERTY TAXES
| Parcel Number | 1-017-056-013014-3-01-01 | Improvements Assessment | $72,687 CAD |
| Land Assessment | $93,911 CAD | Total Assessment | $166,598 CAD |
PROPERTY TAXES
-
Coralee Quintana -
Andrea Hankins -
eXp Realty
Presented by
1620 Carlisle Blvd SE
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