Albuquerque, NM - Take 5 Oil Change (Unser Blvd)
$2,921,000
10830 Unser Boulevard NW, Albuquerque, NM 87114
6
Cap Rate
175,288
NOI
Details:
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 10830 Unser Boulevard NW, 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 near the signalized hard corner of Unser Blvd NW and McMahon Blvd, combining to feature over 44,900 vehicles per day (VPD). The property benefits from excellent visibility and accessibility in a high-traffic retail corridor serving the north Albuquerque trade area. Additionally, the site also benefits from its location within a fast food retail corridor, which features national/credit tenants including McDonald’s, Starbucks, Taco Bell, Pizza Hut, Dutch Bros, Whataburger, and more, which collectively contribute to steady daytime and weekend traffic. Surrounding power center developments such as Cottonwood Corners Mall, a 566,000 square foot power center anchored by Sam’s Club, Kohl’s, Best buy, Michaels, Barnes & Noble, 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 171,300 residents with an affluent average household income exceeding $113,200 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.
Location
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