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6300 Central Ave SE
Albuquerque, NM 87108
Retail Property For Sale
Investment Highlights
- Single-Tenant Absolute Net-Lease Circle K (Corporate Guaranty)
- Strong real estate fundamentals - Hard corner, signalized intersection
- Traffic counts exceed 28,800 CPD on Central and 15,200 CPD on San Pedro
- Over 2.5 years of lease term remaining through December 31, 2023 - Tenant has operated at this location since 2006
- Located across the street from the Downs Racetrack and Casino and the State Fairgrounds
- Dense, in-fill retail corridor - neighboring tenants include Sonic, Mister Car Wash, and AutoZone among many others
Property Facts
Property Type
Retail
Property Subtype
Convenience Store
Building Size
2,984 SF
Building Class
C
Year Built
1990
Tenancy
Single
Building Height
1 Story
Building FAR
0.11
Lot Size
0.65 AC
Zoning
MX-M - High Intensity - Mixed Use
Parking
6 Spaces (0 Spaces per 1,000 SF Leased)
Frontage
Amenities
- Pylon Sign
- Signalized Intersection
About 6300 CENTRAL AVE SE , ALBUQUERQUE, NM 87108
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.
Property Taxes
| Parcel Number | 1-018-057-279137-4-13-15 | Improvements Assessment | $47,957 |
| Land Assessment | $61,652 | Total Assessment | $109,609 |
Property Taxes
Parcel Number
1-018-057-279137-4-13-15
Land Assessment
$61,652
Improvements Assessment
$47,957
Total Assessment
$109,609
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