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Ground Lease with National Tenant
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2707 Carlisle Blvd NE, Albuquerque, NM 87107

Ground lease with national credit tenant in front of Walmart.

Property SizeContact for details
Days on Market174

Property Features for 2707 Carlisle Blvd NE

General Information

Standard status Active
Property subtype Retail
Net Operating Income $81,648

Building Details

Tenancy Single
Listing Agency: NAI 1st Valley
Listed By: Preston Williams · License #REC-2022-0751
Source: Crexi
Added: Feb 18 Changed: Aug 9 Last Checked: Aug 10 at 1:14PM

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 NAI 1st Valley

Investment Insights

Based on property information with market context.

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.

Key Highlights

  • Ground lease with national credit tenant Murphy Oil USA, Inc.
  • Lease extends through February 28, 2034.
  • Tenant has four, five‑year options to renew.

Property Analytics

Current Use

Murphy USA Gas Station

Suggested Use

Top Pick Parking Lot & Garage Grocery & Convenience Store (Bike/Boat/Book/etc) Store Bakery Travel Agency Restaurant

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

1,192
Businesses Nearby
80k
Monthly Visits Nearby

Foot Traffic Nearby

Shops & Services 71% Apparel 17% Dining 11% Hotels & Casinos 1%
Maverik Adventures First Stop Shops & Services
18,927 visits/mo 0.1 miles
Savers Thrift Store Apparel
13,485 visits/mo 0.5 miles
Speedway Shops & Services
10,778 visits/mo 0.3 miles
Blake's LotaBurger Dining
8,657 visits/mo 0.0 miles
Chevron Shops & Services
8,195 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

7.8% 2019
8.4% 2020
7.9% 2021
4.8% 2022
4.2% 2023
5.7% 2024
5.5% 2025
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Frequently Asked Questions

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.
(575) 621-2445 Call to check price and availability
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