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3745 Corrales Rd

Corrales, NM
Floors
1
Total Size
2,509 sqft
Zoning
COMMERCIAL
Year Constructed
0
Year Renovated
0
Building Class
Class

About 3745 Corrales Rd

Great Low Maintenance Investment Opportunity in Corrales, NM - Auto Service/Gas Station site - Close to 7 years remaining on primary lease term - $525K, equates to extremely attractive 9.48% cap rate on actual NOI - Lease guarantor operates multiple gas station sites throughout ABQ Metro area - Only gas station located in Corrales Village limits - Site is well positioned along Main Street in the main commercial corridor of Corrales - Oversized lot (0.89 AC) with extensive frontage - Ideal investment opportunity for a passive investor looking for high rate of return - Area description: Upscale village of Corrales, which lies between ABQ's Cottonwood Mall area (to the south) and Rio Rancho (to the west and north). Site located at epicenter of Corrales' commercial corridor. Property has over 300' of frontage along Main Street. - Number of buildings: 1 - Building condition: Good - Class of space: Class - Tenancy: Single Tenant

Internet Providers for 3745 Corrales Rd

Provider Technology Max Download Speed Max Upload Speed
Comcast Cable
1 Gb/s
25 Mb/s
CenturyLink DSL
50 Mb/s
6 Mb/s
MegaPath Copper Wireline
6 Mb/s
6 Mb/s

The City: Corrales

Median Rate Median Size
Corrales
/sqft/yr
sqft

Median Rate over Time in Corrales