For Lease
$438.96/SF/YR

1620 Carlisle Blvd Albuquerque, NM 87108

High-volume gas station, strong revenue.

Overview

Added:
Dec 11, 2024
Days on market:
137
This Albuquerque, NM gas station presents a lucrative investment opportunity. The 3,280 square foot single-tenant property, located at 1620 Carlisle Blvd SE, boasts impressive sales figures: $70,000-$75,000 monthly in convenience store revenue and 75,000 gallons of fuel pumped monthly. The property sits on a 0.7-acre lot with 14 parking spaces and benefits from a MX-L zoning designation. Recent renovations totaling $70,000 include a new roof, bathrooms, AC, and LED lighting. Further improvements within the last three months encompass new pumps, canopy, and facade. Pump motors were also replaced in 2015. The property features a ten-year-plus Valero contract with profit margins of 29-50 cents per gallon. A former car wash building on the site offers additional value-add potential for leasing to compatible businesses. High traffic counts are a significant advantage, with 35,400 vehicles per day on Gibson Blvd and 5,400 vehicles per day on Carlisle Blvd. The seller will consider sale, lease, lease purchase, and lease option to buy. A $200,000 non-refundable down payment is required for lease options, and the buyer must purchase existing inventory at cost. This is a turnkey operation with significant upside potential. The property is a single-story building, renovated in 2024.

Highlights

  • $200,000 non-refundable deposit required for lease; inventory purchase at cost.
  • $70,000 - $75,000 monthly sales.
  • 75,000 gallons monthly fuel sales.

Property Details for 1620 Carlisle Blvd

Property type
Retail properties, Gas stations
RSF (Rentable sq. ft)
3,280 SF
Year Renovated
2024
Stories
1

Unit(s) available at that property

Space
Size
3,280 SF
Rate per SF
$438.96

Location Insight

City
Albuquerque
County
Bernalillo
State
New Mexico
Latitude
35.058631966665
Longitude
-106.60424332912

FAQs

What type of property is this?
Retail property - High-volume gas station, strong revenue.
Where is the retail property located?
The property is located at 1620 Carlisle Blvd Albuquerque, NM.
What is the lease rate?
The lease rate is $438.96/SF/YR.
What are key features of this property?
This property features: $200,000 non-refundable deposit required for lease; inventory purchase at cost.; $70,000 - $75,000 monthly sales.; 75,000 gallons monthly fuel sales.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
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1620 Carlisle Blvd
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