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Take 5 Oil Change 3900 Southern Blvd SE 1,423 SF Retail Building Rio Rancho, NM 87124 $1,327,970 ($933.22/SF) 6.65% Cap Rate



Investment Highlights
- Exceptional Traffic Counts (Over 73,000 VPD)
- Attractive Demographics
- Proximity to Downtown Albuquerque
- Dense Retail Corridor
- Recession-Resistance Service
Executive Summary
Surmount is pleased to present the exclusive listing for a Take 5 Oil Change located at 3900 Southern Boulevard Southeast, Rio Rancho, NM 87124. The site consists of roughly 1,423 rentable square feet of building space on an estimated 0.11-acre parcel of land. Take 5 Oil Change is subject to a 15-year Triple Net (NNN) lease, which commenced 4/26/2023. The current annual rent is $88,310 and has scheduled increases of 10% in Year 11 and Options.
Property Facts
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Auto Repair
Building Size
1,423 SF
Building Class
B
Year Built
2024
Price
$1,327,970
Price Per SF
$933.22
Cap Rate
6.65%
NOI
$88,310
Tenancy
Single
Building Height
1 Story
Building FAR
0.30
Lot Size
0.11 AC
Frontage
Amenities
- Corner Lot
- Pylon Sign
Fairly walkable
50/100
Exceptionally drivable
100/100
Moderately bikeable
60/100
Nearby Major Retailers
1 of 4
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