Crash Champions Auto
416 Juan Tabo Blvd NE, Albuquerque, NM 87123
For Sale
$3,473,000
Single-tenant collision repair property supported by a long-term lease with annual increases.
Property Size18,839 SF
Price / SF$184.35
Days on Market115
Property Features for 416 Juan Tabo Blvd NE
General Information
Standard status
Size
Property subtype
Site & Location
Neighborhood
Highway Access
Road Access
Building Details
Tenancy
Listing Agency:
Flanagan Investment Real Estate
Listed By:
Jake Mechenbier · License NM #48430
(505) 917-5514
Source:
Carnm.resimplifi
Added: Jul 23
Changed: Nov 5
Last Checked: Nov 14 at 2:14AM
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
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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 / Yr
$270,801
Cap Rate
7.80%
Suggested Prices Based on Cap Rates
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
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 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.
How Realmo checks its estimates
Property Analytics
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Current Use
Lease Details
Single-tenant
Tenancy
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
445
Businesses Nearby
132k
Monthly Visits Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Dining 59%
Shops & Services 40%
Hotels & Casinos 2%
Starbucks
Dining
29,037 visits/mo
0.5 miles
Olive Garden
Dining
25,586 visits/mo
0.4 miles
Maverik Adventures First Stop
Shops & Services
21,587 visits/mo
0.4 miles
Dollar General
Shops & Services
12,665 visits/mo
0.2 miles
SONIC Drive In
Dining
10,769 visits/mo
0.2 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
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Retail in Albuquerque, NM
Similar Off Market Nearby
- Donny's Automotive LLC — 12910 Central Ave SE, Albuquerque, NM 87123
- Caliber Collision — 221 Dorado Pl SE, Albuquerque, NM 87123
- Danlar Collision & Glass — 221 Dorado Pl SE, Albuquerque, NM 87123
- R & L Autoworks LLC — 10700 Acoma Rd SE suite a, Albuquerque, NM 87123
- ALCOLOCK Ignition Interlock — 10700 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
