Retail Space / New Mexico / Albuquerque / 87108 / 6300 Central Avenue Southeast

6300 Central Avenue Southeast

Q: What is the asking price for 6300 Central Avenue Southeast in Albuquerque?

The asking price for 6300 Central Avenue Southeast is $1,450,000

Q: What is the building size of this Retail property in Albuquerque, NM?

The size of the building/unit at 6300 Central Avenue Southeast in Albuquerque is 2,984 square feet.

Q: How much land does the Albuquerque, NM property at 6300 Central Avenue Southeast include?

6300 Central Avenue Southeast in Albuquerque includes 0.700 acres of land.

Q: What kind of Retail is the propery at 6300 Central Avenue Southeast?

The property at 6300 Central Avenue Southeast Albuquerque, NM 87108 is listed as a Gas/Convenience Retail property.

Q: What is the population within 1 mile of 6300 Central Avenue Southeast?

The population within 1 mile of 6300 Central Avenue Southeast Albuquerque, NM 87108 is 18,871 people.

Q: Who do I contact for questions about 6300 Central Avenue Southeast?

You should contact the listing agent, Cole Flanagan, for any details regarding this commercial listing.

Albuquerque, NM 87108

Listing ID: 231916

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Building Size: 2,984 SF

Lot Size: 0.700 AC

Land Size: 30,491 SF

Building $/SF: $485.92

Land $/SF: $47.56

Price

$1,450,000

Description

Circle K
6300 Central Ave. SE
Albuquerque, NM 87108
OFFERING SUMMARY
Purchase Price: $1,450,000
NOI: $92,944*
Cap Rate: 6.41%**
Lease Type: Absolute NNN
*Increases to $97,591 on 1/1/2022
**Increases to 6.73% Cap Rate after increase on 1/1/2022
INVESTMENT HIGHLIGHTS
Single-Tenant Absolute Net-Lease Circle K
Corporate Guaranty (Alimentation Couche-Tard, Inc.)
Over 2.5 years of lease term remaining through December 31, 2023
– Tenant has operated at this location since 2006
Building size: ±2,984 SF
Land size: ±0.65 acres
Strong real estate fundamentals
– Hard corner, signalized intersection
– Located across the street from the Downs Racetrack and Casino and the State Fairgrounds
– This location sells alcohol (high barrier to entry and very desirable)
Significant traffic counts on Central Ave.
– Traffic counts exceed 28,800 cars per day on Central Ave.
– Traffic counts exceed 15,200 cars per day on San Pedro Dr.
Dense, in-fill retail corridor
– Neighboring tenants include Sonic, Mister Car Wash, and AutoZone among many others
– Population exceeds 113,000 within a 3-mile radius

Attachments & Files

central-6300circle-kom-1ja-3SG.pdf

Points of Interest & Demographic Radii

Points of Interest

Demographic Radii

POIs provided for entertainment purposes only. Data comes from multiple data sources as well as users and agents. MyEListing makes no claims whatsoever as to the accurancy and/or completeness.

Albuquerque History of Retail Space for Sale

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Listing Demographics for 6300 Central Avenue Southeast Albuquerque, NM 87108

All information based on the most recently available data (updated annually) and is provided in 1-mile, 3-mile, and 5-mile radii (radiuses) of the property location.

		1-Mile	3-Miles	5-Miles
Total Population		18,871	108,661	252,006
Population Median Age		38	38	39
Population by Age	0-9 Yrs	2507 (13%)	12441 (11%)	28150 (11%)
	10-19 Yrs	2054 (10%)	12581 (11%)	28930 (11%)
	20-29 Yrs	3030 (16%)	18974 (17%)	41726 (16%)
	30-39 Yrs	3040 (16%)	16259 (14%)	38173 (15%)
	40-49 Yrs	1999 (10%)	12744 (11%)	28718 (11%)
	50-59 Yrs	2423 (12%)	12636 (11%)	30952 (12%)
	60-69 Yrs	2084 (11%)	12245 (11%)	28312 (11%)
	70+ Yrs	1734 (9%)	10780 (9%)	27046 (10%)

Median HH Income		$29,519	$39,847	$41,839
Total Household Income	< 24K	3759 (43%)	15474 (32%)	33498 (30%)
	25-49K	2690 (30%)	13010 (27%)	28839 (26%)
	50-74K	1138 (13%)	7326 (15%)	17366 (16%)
	75-99K	522 (5%)	4529 (9%)	10732 (9%)
	100-199K	514 (5%)	5671 (11%)	14511 (13%)
	200K+	99 (1%)	1361 (2%)	3284 (3%)

Highest Education Level	No Diploma	2273	8312	20374
	Diploma or GED	3360	16157	39559
	Some College	3387	17250	41767
	Assoc. Degree	838	5581	14182
	Bachelors Degree	1831	14530	33164
	Higher Degree	1331	12723	26864

Total Housing Units		9,823	53,072	121,162
--Owner-Occupied		2,787	21,242	52,051
--Renter-Occupied		5,934	26,128	56,179
Owner-Occupied Values	< 100K	274	2207	5791
	100-199K	1820	9840	23780
	200-299K	527	5621	14588
	300-399K	108	2271	5414
	400-499K	22	737	1436
	500K+	37	565	1042

Total Working Age Population		15,181	89,295	207,081
In Work Force		8,941	55,547	129,236
Not In Work Force		6,240	33,748	77,845
Workforce Employed		8,175	51,164	119,888
Workforce Unemployed		748	3,387	7,827
Civlian Workforce		8,923	54,551	127,714
Military Workforce		18	996	1,521

Total Households		8,721	47,371	108,230
Family Households		3,558	22,659	54,136
Non-Family Households		5,164	24,712	54,094
Married Couple		1,675	13,344	32,469
Other Family		1,882	9,315	21,667
Married w/Child		699	4,694	11,265
Single Male w/Child		249	1,230	2,936
Single Female w/Child		789	3,730	8,172

Population Change Last Two Decades - Plus Projection

	2000	%	2010	%	2020	%	2030
New Mexico	1,819,046	+13	2,059,179	+6	2,187,183	+6	2,308,475
Bernalillo County	556,678	+19	662,564	+8	715,115	+7	763,571

Total Working Age Population:

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No part of this information may be copied, reproduced, repurposed, or screen-captured for any commercial purpose without prior written authorization from MyEListing.

While we strive to provide the most accurate information, all listing information, and demographic data, is provided by third-parties. As such, MyEListing will not be responsible for the accuracy of the information. It is strongly recommended that you verify all information with the listing agent, and any relevant agencies, prior to making any decisions.

Common Questions and Answers

What is the asking price for 6300 Central Avenue Southeast in Albuquerque?

The asking price for 6300 Central Avenue Southeast is $1,450,000

What is the building size of this Retail property in Albuquerque, NM?

The size of the building/unit at 6300 Central Avenue Southeast in Albuquerque is 2,984 square feet

How much land does the Albuquerque, NM property at 6300 Central Avenue Southeast include?

6300 Central Avenue Southeast in Albuquerque includes 0.700 acres of land

What kind of Retail is the propery at 6300 Central Avenue Southeast?

The property at 6300 Central Avenue Southeast Albuquerque, NM 87108 is listed as a Gas/Convenience Retail property

What is the population within 1 mile of 6300 Central Avenue Southeast in Albuquerque?

The population within 1 mile of 6300 Central Avenue Southeast Albuquerque, NM 87108 is 18,871 people.

Who do I contact for questions about 6300 Central Avenue Southeast?

You should contact the listing agent, Cole Flanagan, for any details regarding this commercial listing.

Other Listings for Sale Nearby

Address	Price	Sq Ft	Acres
408 Arizona Street Southeast, Albuquerque, NM	$325,000	3400	0.26
5400 Central Avenue Southeast, Albuquerque, NM	$2,500,000	19254	1.5
5110 Copper Avenue Northeast, Albuquerque, NM	$2,300,000	50000	2.3
6108 Lomas Boulevard Northeast, Albuquerque, NM	CALL	1250	0.03
145 Jackson Street Northeast, Albuquerque, NM	CALL	900	0.2
120 Jefferson Street Northeast, Albuquerque, NM	$300,000	3950	0.38
7700 Central Avenue Southeast, Albuquerque, NM	$325,000	1751	0.17
3413 Central Avenue Northeast, Albuquerque, NM	$675,000	4099	0.07
1358 Wyoming Boulevard Northeast, Albuquerque, NM	$1,800,000	3445	1.08
2708-2710 San Mateo Blvd NE, Albuquerque, NM	$595,000	1602	0.3

Closest Commercial Airports

Airport	Distance (mi)
Albuquerque International Sunport / Kirtland Air Force Base (ABQ)	3
Rick Husband Amarillo International Airport (AMA)	275
Lubbock Preston Smith International Airport (LBB)	288