Take 5 Oil Change
For Sale
Contact for pricing
Pending
1655 S Valley Dr, Las Cruces, NM 88005
NNN leased Take 5 Oil Change in Las Cruces, NM.
Property Size1,430 SF
Days on Market529
Property Features for 1655 S Valley Dr
General Information
Standard status
Pending
Size
1,430 SF
Total Parking Spaces
7
Property subtype
Retail
Zoning
C-1: Commercial Low Intensity
Occupancy
100%
Lease Type
Absolute Net
Investment Type
Net Lease
Building Details
Year Built
2023
Buildings
1
Units
1
Tenancy
Single
Listing Agency:
SRS Real Estate Partners Newport Beach
Listed By:
Calvin Short · License #01927216
Source:
Crexi
Added: Mar 21, 2025
Changed: Aug 24
Last Checked: Aug 23 at 10:15PM
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
Current Use
Location Intelligence
Trade Area within ½ mile
840
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 88005, NM
26,997
Population
12,039
Households
2.2
Avg Household Size
41
Median Age
31%
College-Educated
85%
High-School Grad
150.9 sq mi
ZIP Area
179
Density / Sq Mi
$51,770
Median Household Income
$28,908
Median Earnings
$899
Median Rent
$207,100
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?
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.
