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Investment or Retail For Sale

Self-Service Car Wash with Significant Income Upside

510 East Reinken Avenue, Belen, New Mexico 87002

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Details

Category Investment or Retail
Type For Sale
Sale Price $450,000.00
CAP Rate 6.73%
Available Space ±3,459 SF
Lot Size ±0.34 Acres

Description

Attractive 7-year seller-financing available
Situated in the main corridor of Belen
Full access from Reinken Ave.
Decommissioned Auto-Bay: Pro Forma $26,880 Additional Gross Income
Year 2-3 Pro Forma Gross Income Growth: 78.05%
Improvements: 2016-2017 Metal Roof, 2017 PVC City Water Lines, 2015-2018 Rebuilt Water Pumps
Exposure to over 15,000 VPD

Documents

View Property Flyer

Listing Advisors

Retail

Ethan Melvin

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