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New Take 5 Oil | 15yr SLB | 29+ Unit Guaranty 10830 Unser Blvd NW 1,438 SF Retail Building Albuquerque, NM 87114 $2,921,000 ($2,031.29/SF) 6% Cap Rate
Investment Highlights
- Brand New 15-Year Lease | Franchisee Guaranteed | 10% Rental Increases | Brand New Construction
- Cottonwood Corners (566,000 SF) | Cottonwood Mall (850,000 SF)
- Strong Demographics | Expanding North Albuquerque Market
- Absolute NNN | Fee Simple Ownership | Zero Landlord Responsibilities
- Dominant Retail Trade Area | Fast Food Retail Corridor | State Highway 528 (62,800 VPD)
Executive Summary
SRS National Net Lease is pleased to offer the opportunity to acquire the fee simple interest (land and building ownership) in an absolute NNN leased Take 5 Oil Change investment property located at 10830 Unser Boulevard NW, Albuquerque, New Mexico. At the close of escrow, the tenant will sign a brand-new, 15-year, NNN lease with 10% rental increases every 5 years throughout the initial term and option periods, providing an excellent hedge against inflation. The lease will be absolute NNN, requiring zero landlord responsibilities, making it an ideal, management-free investment opportunity for a passive investor.
Property Facts
Sale Type
Investment NNN
Sale Condition
Sale Leaseback
Property Type
Retail
Property Subtype
Freestanding
Building Size
1,438 SF
Building Class
C
Year Built
2026
Price
$2,921,000
Price Per SF
$2,031.29
Cap Rate
6%
NOI
$175,288
Tenancy
Single
Building Height
1 Story
Building FAR
0.06
Lot Size
0.52 AC
Zoning
MX-L - Mixed-Use - Low Intensity
Amenities
- Signage
Nearby Major Retailers
1 of 5
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New Take 5 Oil | 15yr SLB | 29+ Unit Guaranty | 10830 Unser Blvd NW
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