125 Main St, Roswell, NM 88203
- Grocery and convenience stores
- 9,400 SF
- 0.75 lot acres
Current Use by Public Records
- UPS Access Point location / Courier Service / Postal Service
- Advance Auto Parts / Auto Parts Store
- Dark Star Productions / Media Distribution
- CARQUEST AUTO PARTS #4277 / Auto Parts Store
Property Details for 125 Main St
- Year built
- 2017
- Lot size
- 0.75 lot acres
- Property type
- Grocery and convenience stores
- Property subtype
- Gas stations
Sales History
| Date | Price | Buyer | Seller | Deed Type | Mortgage |
|---|---|---|---|---|---|
| Dec 11, 2024 | — | 3n Assets V LLC | Ns Retail Holdings LLC | Special Warranty Deed | — |
| Apr 14, 2020 | — | Ns Retail Holdings LLC | Aa-roswell LLC | Grant Deed · related | — |
| Mar 12, 2018 | — | Aa Roswall LLC | — | Deed · related | $925k · Bank Of Texas |
| Jul 27, 2017 | — | Aa Rosewell LLC | — | Deed · related | $400k · Bank Of Texas |
| Sep 9, 2016 | — | Aa-roswell LLC | Schertz,morris E & Holly K | Warranty Deed · related | — |
Description
This exceptional investment opportunity presents a fee-simple ownership of a 9,400 square foot, single-story building constructed in 2017. Located at 125 S Main St, Roswell, NM 88203, this property boasts a 100% occupancy rate with an absolute NNN lease in place. The tenant, Advance Auto Parts, a nationally recognized and credit-rated corporation (S&P Rated: BBB-), holds a corporate-guaranteed lease with approximately eight years remaining on a fifteen-year term, expiring July 30, 2032. The lease includes four, five-year renewal options with 5% rent bumps. The current annual net operating income (NOI) is $90,250, resulting in an attractive 7.35% cap rate. The property sits on a 0.75-acre lot in a high-traffic area, with over 17,000 vehicles passing daily. The surrounding area has a 5-mile population exceeding 50,000 residents and is conveniently located near numerous automotive repair businesses. The asking price is $1,227,891. This is a rare opportunity to acquire a stable, high-performing investment property with a strong tenant and significant remaining lease term in a thriving New Mexico market. The current rent is well below market value, offering potential for future appreciation.
Value Estimations
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Location Insight
- Map
- Local Demand
- City
- Roswell
- County
- Chaves
- State
- New Mexico
- Longitude
- -104.5222693
- Latitude
- 33.3923506
