Anthem Oil - 4000 Carlisle Pad Site Redevelopment

Retail-Commercial for Sale
Catylist Listing ID: 29971030
Property Subtypes: Car Wash, Convenience Store, Free-Standing Building, Restaurant, Retail-Pad, Service Station/Gas Station, Street Retail, Vehicle Related
Building Size (RSF): 2,660 SF
Gross Land Area: 23,905 SF
Sale Price: $395,000
Unit Price: $148.50 PSF
Property Use Type: Investment, Vacant/Owner-User
Building Name: Duke City C-Store & Fueling Station
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 11/22/2017

Overview / Comments

Priced To Sell @ $395K. 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.

• Property Consists of 792 SF C-Store & 1868 SF Car Wash Structure
Which Includes 4 Bays with 1 Bay Used by Auto Mechanic
• 2,600 SF Canopy with 4 Dual-Sided Multi-Pump Dispensers (MPDs)
• 23,905 SF Site with Attractive C-1 Commercial Zoning
• Site Lies Along Carlisle Corridor Between Montgomery & Comanche
• Over 150’ of Carlisle Frontage With Full Access To/From Carlisle
• 21,600 Cars/Day Along Established Commercial Corridor
• Site Presents Excellent Opportunity for Redevelopment into a Variety of Retail and Quasi-Retail Uses (ie Fast Food, Mobile Carrier, Smoke Shop)
• Nearby Employment Activity Generators Include KOAT –TV News Station, ABQ Healthcare Partners Clinic & Established Office Park
• Removal of Gas Infrastructure Negotiable

Additional Details

Nearest MSA: Albuquerque
County: Bernalillo
Submarket/Township: North I-25
Tax ID/APN: ABQ68764
Zoning: C-1 - Neighborhood Commercial Zone
Property Located Between: Montgomery and Comanche
Property Visibility: Excellent
Largest Nearby Street: Montgomery Blvd
Traffic/Vehicle Count: 21,600
Highway Access: Close proximity to Montgomery/I-25 interchange
Tenancy: Multiple Tenants
Total Number of Buildings: 2
Number of Stories: 1

Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 14,908 122,165 350,544
Median Age: 31.22 38.39 38.04
Households: 6,298 53,933 151,518

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