Anthem Oil C-Store/Gas Station Portfolio - Site #2

Retail-Commercial for Sale
Also listed as Special Purpose, Shopping Center
Catylist Listing ID: 30029656
Property Subtypes: Convenience Store, Free-Standing Building, Mixed Use, Restaurant, Retail-Pad, Service Station/Gas Station, Street Retail, Tavern/Bar/Nightclub, Vehicle Related
Building Size (RSF): 1,500 SF
Gross Building Area: See Agent
Gross Land Area: 0.59 Acres
Sale Price: $725,000
Unit Price: $483.33 PSF
Property Use Type: Investment
Building Name: 9160 Coors Blvd NW
Sale Terms: Cash to Seller, Owner Financing
Cap Rate: Undisclosed
Last Updated: 12/22/2018

Overview / Comments

Priced @ $725K. Part of larger pool of 12 properties, mostly operational C-store/gas station sites in the Metro ABQ area. Ownership is now willing to sell each property on an individual basis. Keep in mind that ownership provides fuel to each of these operational c-store/gas station sites and leases the various retail bldgs to independent retail operators for short lease terms thereby allowing an owner/operator to come into the picture quickly or creating a site redevelopment opportunity. The individual operators are not required to provide sales info; therefore, gas volumes may be the best indicator of individual store performances.

• High Profile Pad Site @ Signalized Intersection along Most Desirable Commuter Corridor (ie Coors Blvd) in City
• 25,666 SF Hard Corner Along Coors Just South of Paseo Del Norte
• Flexible C-1, City Zoning Subject to Coors Corridor Sector Plan
• Property Consists of 1,552 SF C-Store with a 4,800 SF Canopy
• 4 Dual-Sided Multi-Pump Dispensers (MPDs)
• Full Vehicle Access To/From Coors Blvd.
• Phenomenal Traffic w/ Over 44,000 Cars/Day Along Bustling Corridor
• Site Lays Out Well for Redevelopment into a Variety of Retail and Quasi-Retail Uses (ie Bank, Fast Food, Mobile Phone)
• Removal of Gas Infrastructure Negotiable

Additional Details

Nearest MSA: Albuquerque
County: Bernalillo
Submarket/Township: West Mesa
Tax ID/APN: ABQ19557
Property Visibility: Excellent
Largest Nearby Street: Coors Blvd
Site Description: ZAP: C/13
Tenancy: Single Tenant
Number of Stories: 1

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 10,200 87,288 209,806
Median Age: 35.22 37.97 37.4
Households: 4,000 34,495 84,035

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