3745 Corrales Road is aretail property for lease in Corrales, NM.
Great Low Maintenance Investment Opportunity in Corrales, NM
- Auto Service/Gas Station site
- Close to 6.5 years remaining on primary lease term
- $500K, equates to extremely attractive 10%+/- cap rate on actual NOI
- Lease guarantor operates multiple gas station sites throughout ABQ Metro area
- Only gas station located in Corrales Village limits
- Site is well positioned along Main Street in the main commercial corridor of Corrales
- Oversized lot (0.89 AC) with extensive frontage
- Ideal investment opportunity for a passive investor looking for high rate of return
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