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33863951
33863952

2632 East Main Street, Farmington, NM 87401

DI
CO FA.100023779
Marcus & Millichap - Denver
JR
CO CO FA100070249
Marcus & Millichap - Denver
Listed by Marcus & Millichap - Denver
$2,567,000
6 days on market
Updated 4 days ago

Take 5 Oil Change

Details
Property Type Retail
Sub Type Auto Shop
Square Footage 1,438
Cap Rate 6.00%
NOI $154,000
Occupancy 100%
Tenancy Single
Brand/Tenant Take 5 Oil Change
Lease Type Absolute NNN
Lease Term 15
Lease Expiration 06/30/2041
Remaining Term 15
Rent Bumps Yes
Lease Options 6 x 5-Year
Year Built 2026
Buildings 1
Acreage 0.500
Zoning General Commercial
Investment Type Net Lease
Tenant Credit Franchisee
Lease Commencement 07/01/2026
Ground Lease No
Sale Condition N/A

Retail | 6.00% CAP | 1,438 SqFt

Investment highlights

  • Brand new 15 year absolute NNN lease with no landlord responsibilities
  • 24 unit guaranty (T5 West Operations)
  • Hard corner | 27K+ VPD on E Main St
  • 2026 construction
  • 10% rental increases every five years
  • 6 x 5-Year renewal options
  • Tenant pays property taxes directly

Listing Contacts

DI
CO FA.100023779
Marcus & Millichap - Denver
JR
CO CO FA100070249
Marcus & Millichap - Denver
Listed by Marcus & Millichap - Denver

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Loan Amount
$0.00
Annual Debt Service
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Annual Cash Flow
$154,000.00
$12,833.33/mo

Valuation Metrics

0
DSCR
6%
Cap Rate
6%
ROI

Map

Zoning

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GC CommercialGeneral CommercialGeneral Commercial
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Last updated May 8, 2026 For deeper zoning details, reports are available at Zoneomics

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Property History

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Tax History

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Additional Information

Name
Ryan Sarbinoff
License
20675
Title
Broker of Record
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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