3525 Montgomery Blvd. NE

Albuquerque, NM 87107 | 5,500 SF | Investment Property For Sale

See Advisor


Car Wash Properties | A Value Add Portfolio of Five Properties

Investment Property For Sale

Price See Advisor
Size 5,500 SF

Additional Information

3525 Montgomery Blvd. NE is Part of a Value Add Portfolio of Properties (See Attached Offering Memorandum)

3525 Montgomery:

  • Six Self Service bays with 9 function cleaning systems in each bay
  • Touchless and Friction In-Bay-Automatic Jim Coleman Water Wizard 2.0
  • Wash Connect integrated performance management system
  • All bays and in Bay Automatic accept loyalty cards as part of property portfolio
  • Nine Super Vac combo with fragrance/carpet cleaner
  • Seven vend island with master controller and Six vend island with mater conroller
  • Emissions Bay with Worldwide auto emissions testing compliant with Bernalillo County Clean Air Program
  • All Jim Coleman Hanna equipment throughout
  • Twin water softeners in parallel for adequate capacity
  • Great visibility to 43,800 cars per day

Other Site Locations included in Portfolio (See Offering Memorandum for more information):

  1.  237 Highway 528 | Rio Rancho, NM  87124
  2. 9210 Eagle Ranch Rd. NW | Albuquerque, NM  87114
  3. 12711 Candelaria Rd. NE | Albuquerque, NM  87112
  4. 9935 Lomas Blvd. NE | Albuquerque, NM  87112

 

Offering Summary:

Sales Price:  See Advisor

Cap Rate:  19%

NOI:  $652,137 (ProForma Based)

 

Location

Keith Meyer, CCIM, SIOR

Director
505-878-0001

Jim Wible, CCIM

Director
505-878-0001

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