Crash Champions Auto
For Sale
Contact for pricing
416 Juan Tabo Blvd NE, Albuquerque, NM 87123
Single-tenant collision repair property supported by a long-term lease with annual increases.
Property Size18,839 SF
Price / SF$184.35
Days on Market20
Property Features for 416 Juan Tabo Blvd NE
General Information
Standard status
Active
Size
18,839 SF
Property subtype
Retail
Lease Type
NN
Investment Type
Net Lease
Net Operating Income
$234,405
Site & Location
Highway Access
Yes
Road Access
Yes
Building Details
Tenancy
Single
Listing Agency:
Flanagan Investment Real Estate
(505) 917-5514
Listed By:
Jake Mechenbier · License #NM 48430
Source:
Crexi
Added: Jul 23
Changed: Aug 9
Last Checked: Aug 10 at 10:08AM
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 18,839-square-foot auto shop is occupied by Crash Champions under a 15-year lease with over 10 years remaining. The lease includes 2% annual increases, providing a defined contractual escalation structure for the remaining term.
The property is positioned on Juan Tabo Blvd NE in Albuquerque, just south of Interstate 40. Its location along a main thoroughfare places the facility near a major interstate connection and within the Northeast Heights submarket. Crash Champions operates more than 650 locations across 38 states, providing established brand presence within the collision repair sector.
The property is positioned on Juan Tabo Blvd NE in Albuquerque, just south of Interstate 40. Its location along a main thoroughfare places the facility near a major interstate connection and within the Northeast Heights submarket. Crash Champions operates more than 650 locations across 38 states, providing established brand presence within the collision repair sector.
Key Highlights
- 18,839‑square‑foot single‑tenant auto shop
- Crash Champions occupies the property under a 15‑year lease
- Over 10 years remaining on the lease
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$270,801
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
7.80%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$5,416,020
$5.4M
Cap Rate 7%
$3,868,586
$3.9M
Cap Rate 9%
$3,008,900
$3.0M
Market Conditions
NOI Build-Up for 18,839 SF
Vacancy — income lost from leasable area expected to sit empty during the year, subtracted from gross rent.
EGI (Effective Gross Income) — gross rent minus vacancy losses, the realistic income before paying operating costs.
OpEx (Operating Expenses) — recurring costs to operate the property (property tax, insurance, utilities, maintenance, management); excludes financing and capital improvements.
NOI (Net Operating Income) — income a property generates after operating costs but before financing and taxes.
Gross rent
$418.2K $22.20/SF
− Vacancy
−$31.4K −$1.67/SF
EGI
$386.9K $20.54/SF
− OpEx
−$116.1K −$6.16/SF
NOI
$270.8K $14.37/SF
Area
Albuquerque, NM
Vacancy
7.50%
Lease Rate
$22.20 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$5,416,020
Cap Rate 7%
$3,868,586
Cap Rate 9%
$3,008,900
Alternative Uses
Best Use
Retail
$3.87M
$3.39M – $4.51M
NOI $270,801 @ 7.0% cap · market cap 7.80%
Second Best
Industrial
$1.62M
$1.42M – $1.89M
NOI $113,345 @ 7.0% cap · market cap 3.26%
Theoretical Best
Office A
$4.56M
$3.99M – $5.32M
NOI $319,027 @ 7.0% cap · market cap 9.19%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
437
Businesses Nearby
176k
Monthly Visits Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 51%
Dining 47%
Hotels & Casinos 1%
Hobby Lobby
Shops & Services
46,397 visits/mo
0.4 miles
Starbucks
Dining
29,037 visits/mo
0.3 miles
Olive Garden
Dining
25,586 visits/mo
0.3 miles
Maverik Adventures First Stop
Shops & Services
21,587 visits/mo
0.3 miles
Dollar General
Shops & Services
12,665 visits/mo
0.4 miles
Demographics for 87123, NM
44,110
Population
20,533
Households
2.1
Avg Household Size
40
Median Age
33%
College-Educated
89%
High-School Grad
28.9 sq mi
ZIP Area
1,526
Density / Sq Mi
$61,552
Median Household Income
$35,867
Median Earnings
$995
Median Rent
$236,400
Median Home Value
Market
Vacancy Rate% for Retail in Albuquerque, NM
Questions? Ask Rey
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- Caliber Collision — 221 Dorado Pl SE, Albuquerque, NM 87123
- Donny's Automotive LLC — 12910 Central Ave SE, Albuquerque, NM 87123
Frequently Asked Questions
What type of property is this?
Auto shop - Single-tenant collision repair property supported by a long-term lease with annual increases.
Where is this auto shop located?
The property is located at 416 Juan Tabo Blvd NE Albuquerque, NM.
What is the asking price?
The asking price for this property is $3,473,000.
What are key features of this property?
This property features: 18,839‑square‑foot single‑tenant auto shop; Crash Champions occupies the property under a 15‑year lease; Over 10 years remaining on the lease
