9620 Eagle Ranch Rd NW - Convenience Store FOR SALE


Albuquerque, NM 87114
$1,876,500 USD
469-694-4189
9620 Eagle Ranch Rd NW, Albuquerque, NM for Sale
$1,876,500 USD
Convenience Store - FOR SALE
1/3
null | 5.25% Cap Rate

9620 Eagle Ranch Rd NW
Albuquerque, NM 87114


HIGHLIGHTS

  • 2023 Construction. 3,700+/- SF Building on 1.57+/- Acre Site
  • Large Format Store on Oversized Parcel - 1.57 Acres w/ 14 Fueling Positions & C-Store Building w/ Approx. 3,700 SF
  • Located on the Signalized Intersection of Two Major Streets: Eagle Ranch Road (17,200+ VPD) & Irving Boulevard (19,100+ VPD)
  • Feeds Directly into Cottonwood Mall, Less than a Mile Away, which is the Second Largest Mall in the State of New Mexico (1,041,680 SF)
  • Circle K has a Investment Grade Credit Rating of BBB+ - With Over 15,000 Locations and $7.8 Billion in Revenue
  • Albuquerque | New Mexico’s Largest City | Population: 561,008+

OVERVIEW

15 Year Absolute NNN Ground Lease with 8% Rental Increases Every 5 Years, Plus (8) 5 Year Options to Renew

FOR SALE DETAILS

PRICE

$1,876,500 USD

PRICE/SF

$507 USD /SF

CAP RATE

5.25%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Circle K

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Convenience Store

ADD'L SUBTYPES

Freestanding, Storefront

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2023

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

1.57 AC

LAND SF

68,389 SF

ZONING

-

APN/PARCEL ID

1-013-065-333004-4-03-45

ASK ABOUT THIS PROPERTY

Kyle VarniSecure Net LeaseMore Info
469-694-4189

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Kyle VarniSecure Net LeaseMore Info
469-694-4189

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.