Active

Carvana (NYSE: CVNA) as current tenant @ $14,205.45 NNN/monthly

2600 Karsten Ct SE Albuquerque, NM 87102

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Overview

Located off of the high traffic Interstate 25 corridor, this location is within close proximity of the Albuquerque International Sunport. This property is a great investment at a 6.6% cap rate featuring Carvana (NYSE: CVNA) as the current tenant in place @ $14,205.45 NNN per month. The lease commencement date was July 28th, 2021 starting their (3) year lease with two (3) year options. This building has 26 dock doors, 3+ acres of land and newly resealed asphalt parking lot. 12’ - 14’ clear ceiling height. CARVANA has initiated their first three (3) year option. **Listing Broker has an ownership interest
  • Owner Financing offered to qualified Purchaser
  • NNN Credit investment
  • CARVANA has been at this location for three years.

For Sale

Industrial

Secondary Uses: Truck Terminal

Sale Price
$2,599,999
Price Per SF
$319/SF
Investment
Yes
Cap Rate
6.6%
Gross Income
$170,465.41
Net Operating Income
$170,465.41
Building Size
8,150 SF
Acres
3.03 ac
Zoning
SU-2
Tenant
CARVANA
Number Of Buildings
1
Floors
1
Year Built
2003
Construction Type
Framed
Parking Spaces
25
Submarket
South Valley
Nearest MSA
Albuquerque
Tax ID Number
101405548740910601
Property Use Type
Net Leased (NNN)
Property Status
Existing
Average Occupancy Rate
100
Drive In Number
10
Natural Gas Provider
New Mexico Gas Co.
County
Bernalillo
Created
2021-11-18
Updated
2024-08-14
Listing ID
454ad558
Parcel APN
101405548740910601

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