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Maverik Absolute NNN Ground Lease
For Sale
$1,400,000

3500 W 7th St, Clovis, NM 88101

A single-tenant site combines a convenience store, fuel canopy, and dedicated high-flow diesel truck lanes.

Property SizeContact for details
Lot Size3.17 Acres
Days on Market88

Property Features for 3500 W 7th St

General Information

Standard status Active
Lot size 3.17 Acres
Property subtype Investment
Occupancy 100%

Site & Location

Highway Access Yes
Road Access Yes

Building Details

Tenancy Single
Listing Agency: Flanagan Investment Real Estate
Listed By: Cole Flanagan · License #48430
Source: Carnm.resimplifi
Added: Jun 4 Changed: Aug 29 Last Checked: Aug 29 at 10:32PM

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 Flanagan Investment Real Estate

Investment Insights

Based on property information with market context.

This single-tenant NNN property is improved with a convenience store, fuel canopy, and separate truck lanes serving high-flow diesel vehicles. The tenant developed the improvements and occupies the site under an absolute NNN ground lease, leaving zero landlord responsibilities. The initial lease term is 20 years, with just under 19 years remaining, and includes 10% rent increases every five years plus five additional five-year extension options.

The approximately 3.17-acre property sits on a hard corner with frontage along US-60, a principal route through Clovis connecting West Texas and New Mexico. The site is near Cannon Air Force Base and other large employers. Maverik operates more than 800 locations across 20 states and is identified as the largest independent fuel marketer in the Intermountain West.

Key Highlights

  • Approximately 3.17‑acre hard‑corner site fronting US‑60
  • Absolute NNN ground lease with zero landlord responsibilities
  • Just under 19 years remaining on the initial 20‑year lease term

Property Analytics

Current Use

Flight 420 (Bike/Boat/Book/etc) Store

Suggested Use

Top Pick Building Supply Restaurant Spa & Massage Center Auto Parts Store Grocery & Convenience Store Garden Center

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

Lease Details

100%
Occupancy
Single-tenant
Tenancy
Yes
Highway access
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

39
Businesses Nearby

Demographics for 88101, NM

45,651
Population
19,798
Households
2.3
Avg Household Size
33
Median Age
21%
College-Educated
82%
High-School Grad
539.3 sq mi
ZIP Area
85
Density / Sq Mi
$55,349
Median Household Income
$35,816
Median Earnings
$991
Median Rent
$162,400
Median Home Value

Market

Vacancy Rate% for Retail in West region

7% 2020
6.3% 2021
5.5% 2022
5.3% 2023
5.5% 2024
5.8% 2025
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Frequently Asked Questions

What type of property is this?
NNN property - A single-tenant site combines a convenience store, fuel canopy, and dedicated high-flow diesel truck lanes.
Where is this nnn property located?
The property is located at 3500 W 7th St Clovis, NM.
What is the asking price?
The asking price for this property is $1,400,000.
What are key features of this property?
This property features: Approximately 3.17‑acre hard‑corner site fronting US‑60; Absolute NNN ground lease with zero landlord responsibilities; Just under 19 years remaining on the initial 20‑year lease term
More about this property
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