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Take 5 Car Wash with NNN Lease
For Sale
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3900 Southern Blvd SE, Rio Rancho, NM 87124

The property is subject to a 20-year absolute triple-net lease with four 5-year renewal options.

Property Size5,183 SF
Lot Size1.15 Acres
Days on Market141

Property Features for 3900 Southern Blvd SE

General Information

Standard status Active
Size 5,183 SF
Lot size 1.15 Acres
Property subtype Special Purpose
Net Operating Income $230,000

Additional Details

Road Access Yes

Building Details

Buildings 1
Tenancy Single
Listing Agency: SURMOUNT
Listed By: Glen Kunofsky · License #NY 49KU1129178
Source: Crexi
Added: Apr 12 Changed: Aug 30 Last Checked: Aug 30 at 6:26AM

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 SURMOUNT

Investment Insights

Based on property information with market context.

The Take 5 car wash and oil change property includes approximately 5,183 rentable square feet of building area on an estimated 1.15-acre parcel. The asset is located at 3900 Southern Boulevard SE in Rio Rancho, New Mexico.

The property is leased under a 20-year absolute triple-net structure beginning at the close of escrow. Base-term rent increases 1.50% annually, with the same annual escalation applying during each of four 5-year renewal options.

Key Highlights

  • Approximately 5,183 rentable square feet of building space
  • Estimated 1.15‑acre parcel at 3900 Southern Boulevard SE
  • 20‑year absolute triple‑net lease commencing at close of escrow

Property Analytics

Current Use

Car washes

Suggested Use

Top Pick Law Firm Nail Salon Auto Parts Store Food Market Computer & Electronic Repair Daycare 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

Single-tenant
Tenancy
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

1,099
Businesses Nearby
358k
Monthly Visits Nearby

Foot Traffic Nearby

Dining 41% Groceries 27% Shops & Services 25% Home Improvements & Furnishings 3%
Smith's Groceries
48,215 visits/mo 0.4 miles
Walmart Neighborhood Market Groceries
38,692 visits/mo 0.3 miles
McDonald's Dining
35,830 visits/mo 0.4 miles
Murphy USA Shops & Services
22,602 visits/mo 0.2 miles
Dutch Bros. Coffee Dining
22,562 visits/mo 0.4 miles

Demographics for 87124, NM

59,781
Population
23,027
Households
2.6
Avg Household Size
40
Median Age
33%
College-Educated
94%
High-School Grad
77.9 sq mi
ZIP Area
767
Density / Sq Mi
$82,278
Median Household Income
$43,353
Median Earnings
$1,380
Median Rent
$262,800
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
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Car wash - The property is subject to a 20-year absolute triple-net lease with four 5-year renewal options.
Where is this car wash located?
The property is located at 3900 Southern Blvd SE Rio Rancho, NM.
What are key features of this property?
This property features: Approximately 5,183 rentable square feet of building space; Estimated 1.15‑acre parcel at 3900 Southern Boulevard SE; 20‑year absolute triple‑net lease commencing at close of escrow
(332) 345-4222 Call to check price and availability
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