Take 5 Oil Change
1655 S Valley Dr Las Cruces, NM 88005
1655 S Valley Dr, Las Cruces, NM, 88005
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For Sale
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NNN leased Take 5 Oil Change in Las Cruces, NM.
Property Size1,430 SF
Price / SF$1,587
Days on Market484
Property Features for 1655 S Valley Dr
General Information
- Standard status
- Active
- Size
- 1,430 SF
- Property subtype
- Retail
Building Details
- Year Built
- 2023
Listing Agency
SRS Real Estate Partners Newport Beach
Listed by
Calvin Short · License #01927216
Source
Crexi
Added: Mar 21, 2025 Checked: Jul 14 at 9:18 pm
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 SRS Real Estate Partners Newport Beach
Investment Insights
Based on property information with market context.
The property is an absolute NNN leased Take 5 Oil Change investment property in Las Cruces, New Mexico. The tenant, Take 5 Oil Change, will sign a new 15-year lease at the close of escrow with 6 (5-year) options to extend. The lease features 10% rental increases every 5 years throughout the initial term and at the beginning of each option period. The lease is absolute NNN with zero landlord responsibilities. The Take 5 Oil Change is located near the signalized intersection of Interstate 10 and State Highway 28, which combine to average over 50,100 vehicles passing by daily. It is located across from a Walmart Supercenter that also features national tenants including Starbucks, Subway, and Cracker Barrel. The asset is approximately 2.5 miles from Mesilla Valley Mall, which features tenants such as Dillard’s, JCPenney, Barnes and Noble, Ulta, and Verizon. The property is in the center of a primary retail corridor with other nearby tenants including a Sprouts, PetSmart, Crunch Fitness, Best Buy, McDonald’s, and Texas Roadhouse. The site is approximately 2 miles from New Mexico State University which has over 13,900 students. The 5-mile trade area is supported by a population of over 104,900 residents and 59,000 employees with an average household income of $73,701. The building size is 1430 square feet.
Key Highlights
- Absolute NNN lease with zero landlord responsibilities, providing a management‑free, passive investment.
- New 15‑year lease term with Take 5 Oil Change, demonstrating long‑term commitment.
- Attractive rental increases of 10% every 5 years, hedging against inflation and steadily growing NOI.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Take 5 Oil ...
Auto Repair Shop
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FAQs
What type of property is this?
Automotive property - NNN leased Take 5 Oil Change in Las Cruces, NM.
Where is this automotive property located?
The property is located at 1655 S Valley Dr Las Cruces, NM.
What is the asking price?
The asking price for this property is $2,270,000.
What are key features of this property?
This property features: Absolute NNN lease with zero landlord responsibilities, providing a management‑free, passive investment.; New 15‑year lease term with Take 5 Oil Change, demonstrating long‑term commitment.; Attractive rental increases of 10% every 5 years, hedging against inflation and steadily growing NOI.
