Murphy Oil USA Gas
For Sale
Contact for pricing
9700 Montgomery Blvd NE, Albuquerque, NM 87111
Absolute NNN ground lease with scheduled increases and multiple renewal options.
Property Size2,824 SF
Lot Size0.92 Acres
Days on Market143
Property Features for 9700 Montgomery Blvd NE
General Information
Standard status
Active
Size
2,824 SF
Lot size
0.92 Acres
Property subtype
Retail
Listing Agency:
SURMOUNT
Listed By:
Judson Kauffman · License #NY 10401296108
Source:
Crexi
Added: Apr 12
Changed: Aug 31
Last Checked: Aug 31 at 2:29AM
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.
Murphy Oil USA operates from a gas station property comprising approximately 2,824 square feet of building area on approximately 0.92 acres. The site is subject to a 20-year absolute NNN ground lease, providing a defined long-term lease structure.
The lease includes 8.0% increases at five-year intervals, with those increases continuing through four additional five-year tenant renewal options. The property is located at 9700 Montgomery Blvd NE in Albuquerque, New Mexico.
The lease includes 8.0% increases at five-year intervals, with those increases continuing through four additional five-year tenant renewal options. The property is located at 9700 Montgomery Blvd NE in Albuquerque, New Mexico.
Key Highlights
- Murphy Oil USA gas station at 9700 Montgomery Blvd NE
- Approximately 2,824 square feet of building space
- Approximately 0.92 acres of land
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
1,154
Businesses Nearby
342k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 37%
Dining 36%
Apparel 14%
Superstores 8%
Hobby Lobby
Shops & Services
52,154 visits/mo
0.2 miles
Marshalls
Apparel
49,253 visits/mo
0.2 miles
Big Lots
Superstores
26,419 visits/mo
0.3 miles
Murphy USA
Shops & Services
25,430 visits/mo
0.1 miles
SONIC Drive In
Dining
24,072 visits/mo
0.1 miles
Demographics for 87111, NM
56,121
Population
28,192
Households
2
Avg Household Size
45
Median Age
56%
College-Educated
97%
High-School Grad
12.7 sq mi
ZIP Area
4,419
Density / Sq Mi
$84,511
Median Household Income
$52,350
Median Earnings
$1,310
Median Rent
$349,200
Median Home Value
Market
Vacancy Rate% for Retail in Albuquerque, NM
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Gas station - Absolute NNN ground lease with scheduled increases and multiple renewal options.
Where is this gas station located?
The property is located at 9700 Montgomery Blvd NE Albuquerque, NM.
What are key features of this property?
This property features: Murphy Oil USA gas station at 9700 Montgomery Blvd NE; Approximately 2,824 square feet of building space; Approximately 0.92 acres of land
