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4617 Central Ave NW , Albuquerque, NM 87105 $875,000 | 0.71± AC | C-2 ZONING INVESTMENT OPPORTUNITY - PROFITABLE SERVICE STATION PROPERTY OVERVIEW Invest in this established and profitable gas station and convenience store. The property is located on Central Avenue at a hard corner with split median providing convenient access and excellent visibility. 29,900 cars per day and 450,000 gallons of fuel sold annually. 2017 net operating income was $155,000. PROPERTY FEATURES Profitable Gas Station & Convenience Store Great Visibility with 158' Central Ave NW Frontage 29,900 Cars Per Day On Hard Corner with Split Median $155,000 Net Operating Income SALE PRICE: $875,000 CAP RATE: 17.71% NOI: $155,000 LOT SIZE: 0.71 Acres BUILDING SIZE: 907 SF YEAR BUILT: 1987 ZONING: Commercial - C2 TRAFFIC COUNT: 29,900 KW COMMERCIAL 130 Lincoln Avenue, Ste. K Santa Fe, NM 87501 www.kwsantafenm.com/ We obtained the information above from sources we believe to be reliable. However, we have not verified its accuracy and make no guarantee, warranty or representation about it. It is submitted subject to the possibility of errors, omissions, change of price, rental or other conditions, prior sale, lease or financing, or withdrawal without notice. We include projections, opinions, assumptions or estimates for example only, and they may not represent current or future performance of the property. You and your tax and legal advisors should conduct your own investigation of the property and transaction. TAI BIXBY, CCIM 0 505.946.2121 C 505.577.3524 [email protected] NM #40315

INVESTMENT OPPORTUNITY - PROFITABLE SERVICE STATION …€¦ · net operating income was $155,000. PROPERTY FEATURES Profitable Gas Station & Convenience Store Great Visibility with

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Page 1: INVESTMENT OPPORTUNITY - PROFITABLE SERVICE STATION …€¦ · net operating income was $155,000. PROPERTY FEATURES Profitable Gas Station & Convenience Store Great Visibility with

4617 Central Ave NW , Albuquerque, NM 87105

$875,000 | 0.71± AC | C-2 ZONING

INVESTMENT OPPORTUNITY - PROFITABLE SERVICE STATION

PROPERTY OVERVIEWInvest in this established and profitable gas station and conveniencestore. The property is located on Central Avenue at a hard cornerwith split median providing convenient access and excellent visibility.29,900 cars per day and 450,000 gallons of fuel sold annually. 2017net operating income was $155,000.

PROPERTY FEATURESProfitable Gas Station & Convenience Store

Great Visibility with 158' Central Ave NW Frontage

29,900 Cars Per Day

On Hard Corner with Split Median

$155,000 Net Operating Income

SALE PRICE: $875,000

CAP RATE: 17.71%

NOI: $155,000

LOT SIZE: 0.71 Acres

BUILDING SIZE: 907 SF

YEAR BUILT: 1987

ZONING: Commercial - C2

TRAFFIC COUNT: 29,900

KW COMMERCIAL130 Lincoln Avenue,Ste. KSanta Fe, NM 87501

www.kwsantafenm.com/

We obtained the information above from sources we believe to be reliable. However, we have not verified its accuracy and make no guarantee, warranty or representation aboutit. It is submitted subject to the possibility of errors, omissions, change of price, rental or other conditions, prior sale, lease or financing, or withdrawal without notice. We includeprojections, opinions, assumptions or estimates for example only, and they may not represent current or future performance of the property. You and your tax and legal advisorsshould conduct your own investigation of the property and transaction.

TAI BIXBY, CCIM0 505.946.2121C [email protected] #40315

Page 2: INVESTMENT OPPORTUNITY - PROFITABLE SERVICE STATION …€¦ · net operating income was $155,000. PROPERTY FEATURES Profitable Gas Station & Convenience Store Great Visibility with

KW COMMERCIAL130 Lincoln Avenue,Ste. KSanta Fe, NM 87501

www.kwsantafenm.com/

We obtained the information above from sources we believe to be reliable. However, we have not verified its accuracy and make no guarantee, warranty or representation aboutit. It is submitted subject to the possibility of errors, omissions, change of price, rental or other conditions, prior sale, lease or financing, or withdrawal without notice. We includeprojections, opinions, assumptions or estimates for example only, and they may not represent current or future performance of the property. You and your tax and legal advisorsshould conduct your own investigation of the property and transaction.

TAI BIXBY, CCIM0 505.946.2121C [email protected] #40315

4617 Central Ave NW , Albuquerque, NM 87105

$875,000 | 0.71± AC | C-2 ZONING

INVESTMENT OPPORTUNITY - PROFITABLE SERVICE STATION

Page 3: INVESTMENT OPPORTUNITY - PROFITABLE SERVICE STATION …€¦ · net operating income was $155,000. PROPERTY FEATURES Profitable Gas Station & Convenience Store Great Visibility with

KW COMMERCIAL130 Lincoln Avenue,Ste. KSanta Fe, NM 87501

www.kwsantafenm.com/

We obtained the information above from sources we believe to be reliable. However, we have not verified its accuracy and make no guarantee, warranty or representation aboutit. It is submitted subject to the possibility of errors, omissions, change of price, rental or other conditions, prior sale, lease or financing, or withdrawal without notice. We includeprojections, opinions, assumptions or estimates for example only, and they may not represent current or future performance of the property. You and your tax and legal advisorsshould conduct your own investigation of the property and transaction.

TAI BIXBY, CCIM0 505.946.2121C [email protected] #40315

4617 Central Ave NW , Albuquerque, NM 87105

$875,000 | 0.71± AC | C-2 ZONING

INVESTMENT OPPORTUNITY - PROFITABLE SERVICE STATION

Page 4: INVESTMENT OPPORTUNITY - PROFITABLE SERVICE STATION …€¦ · net operating income was $155,000. PROPERTY FEATURES Profitable Gas Station & Convenience Store Great Visibility with

KW COMMERCIAL130 Lincoln Avenue,Ste. KSanta Fe, NM 87501

www.kwsantafenm.com/

We obtained the information above from sources we believe to be reliable. However, we have not verified its accuracy and make no guarantee, warranty or representation aboutit. It is submitted subject to the possibility of errors, omissions, change of price, rental or other conditions, prior sale, lease or financing, or withdrawal without notice. We includeprojections, opinions, assumptions or estimates for example only, and they may not represent current or future performance of the property. You and your tax and legal advisorsshould conduct your own investigation of the property and transaction.

TAI BIXBY, CCIM0 505.946.2121C [email protected] #40315

* Demographic data derived from 2010 US Census

4617 Central Ave NW , Albuquerque, NM 87105

$875,000 | 0.71± AC | C-2 ZONING

INVESTMENT OPPORTUNITY - PROFITABLE SERVICE STATION

ETHNICITY 1 MILE 3 MILES 5 MILES

% HISPANIC 83.3% 72.0% 68.2%

RACE 1 MILE 3 MILES 5 MILES

% WHITE 63.6% 65.1% 64.2%

% BLACK 1.9% 2.7% 3.0%

% ASIAN 0.7% 1.2% 1.3%

% HAWAIIAN 0.0% 0.1% 0.0%

% INDIAN 4.0% 4.2% 4.4%

% OTHER 27.6% 23.6% 23.6%

POPULATION 1 MILE 3 MILES 5 MILES

TOTAL POPULATION 12,769 103,637 237,552

MEDIAN AGE 33.8 32.8 32.3

MEDIAN AGE (MALE) 30.7 30.7 30.8

MEDIAN AGE (FEMALE) 35.3 34.2 33.3

HOUSEHOLDS & INCOME 1 MILE 3 MILES 5 MILES

TOTAL HOUSEHOLDS 4,605 38,244 87,213

# OF PERSONS PER HH 2.8 2.7 2.7

AVERAGE HH INCOME $46,249 $49,744 $52,055

AVERAGE HOUSE VALUE $154,481 $190,382 $180,691