Hard-Corner Car Wash
For Sale
Contact for pricing
1201 Candelaria Rd NW, Albuquerque, NM 87107
Functional service station layout with a car wash and six double-sided fuel pumps.
Property Size1,628 SF
Price / SF$214.99
Days on Market504
Property Features for 1201 Candelaria Rd NW
General Information
Standard status
Active
Size
1,628 SF
Property subtype
RETAIL
Amenities
Car Wash
Camera security system
Listing Agency:
SVN/Walt Arnold Commercial Brokerage Inc
(505) 620-2259
Listed By:
Tim Luten · License ##52685
(505) 620-2259
Source:
Moodyscre
Added: Mar 14, 2025
Changed: Jul 28
Last Checked: Jul 28 at 4:23AM
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 SVN/Walt Arnold Commercial Brokerage Inc
Investment Insights
Based on property information with market context.
This hard-corner car wash and service station offers a functional layout built for on-site operations. The property includes a car wash and a camera security system, along with six double-sided pumps.
The site is described as being in a “Great North Valley” location, supporting convenient access for vehicles coming to and from the area.
The existing configuration pairs fuel dispensing infrastructure with car wash operations, making it well-suited for a buyer seeking a prepared setup rather than starting from scratch.
The site is described as being in a “Great North Valley” location, supporting convenient access for vehicles coming to and from the area.
The existing configuration pairs fuel dispensing infrastructure with car wash operations, making it well-suited for a buyer seeking a prepared setup rather than starting from scratch.
Key Highlights
- Hard corner location
- Car wash included
- Camera security system
Financial Insights For Specialty Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $39.1k | $24.00 |
| − Vacancy | −$2.3k | −$1.44 |
| EGI | $36.7k | $22.56 |
| − OpEx | −$9.2k | −$5.64 |
| NOI | $27.5k | $16.92 |
1,628 SF · lease $24.00/SF/yr · vacancy 6.00% · expense 25.00%
Alternative Uses
Best Use
Specialty Retail
$393.5K
$344.3K – $459.1K
NOI $27,546 @ 7.0% cap · market cap 7.87%
Second Best
Retail
$334.3K
$292.5K – $390.0K
NOI $23,402 @ 7.0% cap · market cap 6.69%
Theoretical Best
Office A
$393.8K
$344.6K – $459.5K
NOI $27,569 @ 7.0% cap · market cap 7.88%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
926
Businesses Nearby
51k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 63%
Dining 37%
Wendy's
Dining
11,288 visits/mo
0.4 miles
Speedway
Shops & Services
11,118 visits/mo
0.1 miles
Shell
Shops & Services
8,552 visits/mo
0.3 miles
Blake's LotaBurger
Dining
7,390 visits/mo
0.3 miles
AutoZone
Shops & Services
4,571 visits/mo
0.3 miles
Demographics for 87107, NM
30,340
Population
13,441
Households
2.3
Avg Household Size
44
Median Age
39%
College-Educated
92%
High-School Grad
14.6 sq mi
ZIP Area
2,078
Density / Sq Mi
$59,663
Median Household Income
$36,392
Median Earnings
$901
Median Rent
$282,000
Median Home Value
Market
Vacancy Rate% for Retail in Albuquerque, NM
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Gas station - Functional service station layout with a car wash and six double-sided fuel pumps.
Where is this gas station located?
The property is located at 1201 Candelaria Rd NW Albuquerque, NM.
What is the asking price?
The asking price for this property is $350,000.
What are key features of this property?
This property features: Hard corner location; Car wash included; Camera security system
