Single-Tenant Car Wash
For Sale
$5,359,858
1503 Main Street Northwest, Los Lunas, NM 87031
Absolute NNN leased car wash with a 20-year initial term and four 5-year renewals plus 1.75% annual escalations.
Property Size5,436 SF
Days on Market71
Property Features for 1503 Main Street Northwest
General Information
Standard status
Active
Size
5,436 SF
Property subtype
Retail
Building Details
Building Size
5,436 SF
Year Built
2023
Tenancy
Single
Listing Agency:
Capacity Commercial Group
Listed By:
Nicholas Diamond · License #OR #200403266
(503) 222-2655
Source:
Capacitycommercial
Added: Jun 24
Changed: Sep 2
Last Checked: Sep 1 at 6:21PM
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 Capacity Commercial Group
Investment Insights
Based on property information with market context.
This single-tenant NNN car wash investment is offered as an absolute NNN lease, meaning the landlord has zero responsibilities. The lease includes a 20-year initial term with four (4) additional 5-year renewal options, for an estimated total lease duration of approximately 38+ years.
The lease structure provides 1.75% annual escalations that compound annually. Mister Carwash is the named operator under the lease.
The property is located at 1503 Main Street Northwest in Los Lunas, New Mexico (87031). Public remarks also note that Mister Carwash was taken private by Leonard Green & Partners in May 2026.
The lease structure provides 1.75% annual escalations that compound annually. Mister Carwash is the named operator under the lease.
The property is located at 1503 Main Street Northwest in Los Lunas, New Mexico (87031). Public remarks also note that Mister Carwash was taken private by Leonard Green & Partners in May 2026.
Key Highlights
- Single‑tenant absolute NNN leased car wash investment in Los Lunas, NM
- Absolute NNN lease with zero landlord responsibilities
- 20‑year initial lease term plus four 5‑year renewal options (~38+ years total)
Property Analytics
Property Profile
Current Use
Lease Details
Single-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
392
Businesses Nearby
336k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Dining 45%
Shops & Services 30%
Home Improvements & Furnishings 19%
Apparel 2%
McDonald's
Dining
30,829 visits/mo
0.1 miles
The Home Depot
Home Improvements & Furnishings
30,325 visits/mo
0.2 miles
Circle K
Shops & Services
25,932 visits/mo
0.2 miles
Lowe's
Home Improvements & Furnishings
21,250 visits/mo
0.1 miles
Starbucks
Dining
20,163 visits/mo
0.2 miles
Demographics for 87031, NM
45,208
Population
16,917
Households
2.7
Avg Household Size
37
Median Age
21%
College-Educated
85%
High-School Grad
255.5 sq mi
ZIP Area
177
Density / Sq Mi
$61,947
Median Household Income
$34,167
Median Earnings
$1,083
Median Rent
$206,600
Median Home Value
Market
Vacancy Rate% for Retail in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Car wash - Absolute NNN leased car wash with a 20-year initial term and four 5-year renewals plus 1.75% annual escalations.
Where is this car wash located?
The property is located at 1503 Main Street Northwest Los Lunas, NM.
What is the asking price?
The asking price for this property is $5,359,858.
What are key features of this property?
This property features: Single‑tenant absolute NNN leased car wash investment in Los Lunas, NM; Absolute NNN lease with zero landlord responsibilities; 20‑year initial lease term plus four 5‑year renewal options (~38+ years total)
