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2707 Carlisle Blvd NE Albuquerque, NM 87107

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For Sale
$1,600,000

Ground lease with national credit tenant in front of Walmart.

Lot size:
1.10 Acres

Property Features for 2707 Carlisle Blvd NE

General Information

Standard status
Active
Lot size
1.10 Acres

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Listing Contact
Preston Williams
Preston Williams
Source: Crexi

Listing Agency: NAI 1st Valley Listing Agent: Preston Williams

Displayed information is deemed reliable but is not guaranteed and should be independently verified.

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Overview

Ground Lease with National Tenant

This property features a ground lease with a national credit tenant, Murphy Oil USA, Inc., situated on a pad in front of a Walmart Supercenter. The location is approximately 1/2 mile from Interstate 40. Neighboring tenants include Starbucks, AutoZone, World Market, Jack in the Box, and Whataburger. The lease runs through February 28, 2034. The tenant has four five-year options to renew the lease, with rent increases of 8% every 5 years.
Location Intelligence

Current Use by Public Records

Murphy USA Gas Station

Suggested Use

Real Estate Agency Law Firm Restaurant Dental Office Spa & Massage Center Hair Salon Nail Salon Building Supply Gym & Fitness Center Pharmacy

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

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City
Albuquerque
County
Sandoval
State
New Mexico
Longitude
-106.6046808
Latitude
35.1114405

FAQs

What type of property is this?
Retail space - Ground lease with national credit tenant in front of Walmart.
Where is this retail space located?
The property is located at 2707 Carlisle Blvd NE Albuquerque, NM.
What is the asking price?
The asking price for this property is $1,600,000.
What are key features of this property?
This property features: - Ground lease with national credit tenant Murphy Oil USA, Inc.; - Lease extends through February 28, 2034.; - Tenant has four, five-year options to renew.
More about this property
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