Albuquerque, NM - Take 5 Oil Change (Central Ave)

Description:

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 5210 Central Avenue SE, 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.

The Take 5 Oil Change is strategically positioned at the signalized hard corner of Central Avenue and San Mateo Boulevard SE, combining to feature over 56,800 vehicles per day. The property benefits from excellent visibility and accessibility in a high-traffic retail corridor serving the rapidly growing East Albuquerque trade area. Additionally, the site is located nearby major employment and institutional drivers including Central New Mexico College, University of New Mexico, UNM Hospital, and OSIS Hospital, which collectively contribute to steady daytime and weekend traffic. Surrounding power center developments such as Pavilions at San Mateo, a 204,000 square foot shopping center anchored by Walmart Neighborhood Market, Old Navy, Shoe Dept, and more enhance the long-term consumer base and stability of the trade area. The 5-mile trade area boasts a dense population of over 245,500 residents with an average household income exceeding $78,200, supporting strong consumer spending. This location’s high visibility, strong retail synergy, and growing residential presence make it a prime, long-term investment opportunity backed by a proven and expanding franchise operator.

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Listing ID: a28TP000002KwI1YAK