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Murphy Oil USA Gas Station
For Sale
Contact for pricing
Pending

10415 Central Ave, Albuquerque, NM 87123

Operating gas station property subject to a brand-new Absolute NNN ground lease with scheduled increases and renewal options.

Property Size2,824 SF
Lot Size0.93 Acres
Days on Market141

Property Features for 10415 Central Ave

General Information

Standard status Pending
Size 2,824 SF
Lot size 0.93 Acres
Property subtype Retail
Listing Agency: SURMOUNT
Listed By: Judson Kauffman · License #NY 10401296108
Source: Crexi
Added: Apr 12 Changed: Aug 30 Last Checked: Aug 30 at 8:23PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of SURMOUNT

Investment Insights

Based on property information with market context.

This gas station property includes approximately 2,824 square feet of building space on approximately 0.93 acres. The asset is associated with Murphy Oil USA and is located at 10415 Central Ave in Albuquerque, New Mexico.

The property is subject to a brand-new 20-year Absolute NNN ground lease. The lease provides for 8.0% increases every 5 years, continuing through four five-year tenant renewal options. The site is positioned along Central Ave NE in Albuquerque, NM 87123.

Key Highlights

  • Approximately 2,824 square feet of building space
  • Approximately 0.93 acres of land
  • Brand‑new 20‑year Absolute NNN ground lease

Property Analytics

Current Use

Gas stations

Suggested Use

Top Pick Real Estate Agency Law Firm Hair Salon Nail Salon Spa & Massage Center Dental Office

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

697
Businesses Nearby
824k
Monthly Visits Nearby

Foot Traffic Nearby

Superstores 40% Dining 26% Shops & Services 24% Home Improvements & Furnishings 6%
Walmart Superstores
114,728 visits/mo 0.5 miles
Costco Wholesale Superstores
112,844 visits/mo 0.3 miles
Sam's Club Superstores
102,477 visits/mo 0.3 miles
The Home Depot Home Improvements & Furnishings
50,265 visits/mo 0.2 miles
Sam's Club Gas Station Shops & Services
48,208 visits/mo 0.3 miles

Demographics for 87123, NM

44,110
Population
20,533
Households
2.1
Avg Household Size
40
Median Age
33%
College-Educated
89%
High-School Grad
28.9 sq mi
ZIP Area
1,526
Density / Sq Mi
$61,552
Median Household Income
$35,867
Median Earnings
$995
Median Rent
$236,400
Median Home Value

Market

Vacancy Rate% for Retail in Albuquerque, NM

7.8% 2019
8.4% 2020
7.9% 2021
4.8% 2022
4.2% 2023
5.7% 2024
5.5% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Gas station - Operating gas station property subject to a brand-new Absolute NNN ground lease with scheduled increases and renewal options.
Where is this gas station located?
The property is located at 10415 Central Ave Albuquerque, NM.
What are key features of this property?
This property features: Approximately 2,824 square feet of building space; Approximately 0.93 acres of land; Brand‑new 20‑year Absolute NNN ground lease
More about this property
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