Auto Service - Gas-Conv
Alta | Absolute NNN Corporate Lease
1035 S 2nd St, Raton, NM 87740
Listing Price: $1,110,000
Cap Rate
6.50%
Tenant Name
Alta
Years Remaining On Lease
16.0
Guarantor
Corporate Guarantee
Rentable SF
659
Lease Type
Absolute Net
Rent Per Square Feet
$109.43
Investment Overview
Subject property is a corporate leased Alta Convenience C-Store/Gas Station in Raton, NM. It has 16 years remaining in the current term of an absolute NNN Lease with rental increases in 2026, 2031, 2036, and each of its four, 5-year options.
Investment Highlights
- Corporate Lease with 16 Years Remaining
- Rental Increases in 2026, 2031, 2036 and in Options
- Potential Bonus Depreciation Opportunity
Listing Price: $1,110,000
Cap Rate
6.50%
Tenant Name
Alta
Years Remaining On Lease
16.0
Guarantor
Corporate Guarantee
Rentable SF
659
Lease Type
Absolute Net
Rent Per Square Feet
$109.43
Investment Highlights
- Corporate Lease with 16 Years Remaining
- Rental Increases in 2026, 2031, 2036 and in Options
- Potential Bonus Depreciation Opportunity
Investment Overview
Subject property is a corporate leased Alta Convenience C-Store/Gas Station in Raton, NM. It has 16 years remaining in the current term of an absolute NNN Lease with rental increases in 2026, 2031, 2036, and each of its four, 5-year options.

