Valero - ABQ, NM

The Snyder Carlton National Net Lease Team is pleased to offer investors a great opportunity to acquire the single tenant absolute NNN leased Valero convenience store, gas station and carwash in Albuquerque, NM. Operated by a growing franchisee, the operator will have 30 gas stations and QSR’s by the end of 2026. The 20-year lease will commence upon the close of escrow and comprises 2% annual rent increases, two 5-year option periods and no landlord responsibilities providing a passive investor with long term cash flows.

The 3,280 SF C-store with four MFD’s and tunnel car wash on 0.7- acre parcel is located on a hard corner signalized intersection of Gibson Blvd SE and Carlisle Blvd SE (combined vehicle traffic exceeding 30,800) and is eligible for bonus depreciation. Nearby retailers include McDonald’s, Chick-fil-A, Starbucks, Dutch Bros Coffee, Taco Bell, Panda Express, Applebee’s, Chili’s, Maverik, Planet Fitness and more. This is an excellent opportunity to purchase an absolute NNN saleleaseback Valero gas station in New Mexico’s most populated city with a 20-year term, 10 years in options, strong rent increases and no landlord responsibilities providing effortless income for years to come.

Available