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412 Clayton Rd
Raton, NM 87740
Alta: Raton, NM · Retail Property For Sale
Investment Highlights
- Operating history of over 19 years.
- Absolute NNN lease features ±14.5 years remaining and zero landlord obligations as Tenant is solely responsible for taxes, insurance and maintenance.
- 7.5% rent increases in 2031, 2036 and in each of the four 5-year renewal options.
Executive Summary
CBRE is pleased to exclusively offer for sale the 8,787-square-foot Alta convenience store and gas station situated on 2.20 acres in Raton,NM. Alta’s absolute NNN lease features ±14.5 years remaining and zero landlord obligations as Tenant is solely responsible for taxes, insurance and maintenance.
Business is not for sale.
Business is not for sale.
Property Facts
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Service Station
Building Size
8,787 SF
Building Class
C
Year Built
2007
Price
$3,262,579
Price Per SF
$371.30
Cap Rate
6.25%
NOI
$203,911
Tenancy
Single
Building Height
1 Story
Building FAR
0.07
Lot Size
3.00 AC
Opportunity Zone
Yes
Parking
18 Spaces (2.05 Spaces per 1,000 SF Leased)
Frontage
219’ on Clayton Road
Property Taxes
| Parcel Numbers | Improvements Assessment | $436,793 | |
| Land Assessment | $169,884 | Total Assessment | $606,677 |
Property Taxes
Parcel Numbers
Land Assessment
$169,884
Improvements Assessment
$436,793
Total Assessment
$606,677
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