Auto Service - Gas-Conv
Take 5
2632 E Main St, Farmington, NM 87401
Listing Price: $2,567,000
Cap Rate
6.00%
Tenant Name
Take 5
Years Remaining On Lease
14.9
Gross SF
1,438
Guarantor
Franchisee Guarantee
Rentable SF
1,438
Price/Gross SF
$1,785.12
Lease Type
Absolute Net
Rent Per Square Feet
$107.09
Investment Overview
Marcus & Millichap is pleased to exclusively offer for sale a Take 5 in Farmington, NM
Exclusively Listed By
Broker of Record
-
Ryan Sarbinoff
Senior Managing Director, Market Leader - Arizona
Listing Price: $2,567,000
Cap Rate
6.00%
Tenant Name
Take 5
Years Remaining On Lease
14.9
Gross SF
1,438
Guarantor
Franchisee Guarantee
Rentable SF
1,438
Price/Gross SF
$1,785.12
Lease Type
Absolute Net
Rent Per Square Feet
$107.09
Investment Highlights
- 15 YR ABS NNN LEASE
- 24 UNIT GUARANTY (T5 WEST OPERATIONS)
- HARD CORNER | 27K+ VPD ON E MAIN ST
- 2026 CONSTRUCTION
- BUILT IN RENT INCREASES
Investment Overview
Marcus & Millichap is pleased to exclusively offer for sale a Take 5 in Farmington, NM
Exclusively Listed By
Broker of Record
-
Ryan Sarbinoff
Senior Managing Director, Market Leader - Arizona
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