1503 Main St SW

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1503 Main St SW

Los Lunas, NM 87031
Asking Price
$5.36M
Cap Rate
5.65%
Asset Type
Car Wash Retail
Class
Class B

What's Special

FOR SALE | Single Tenant NNN Leased Investment in Los Lunas, NM <ul><li>​Absolute NNN Lease - Zero Landlord Responsibilities</li><li>​20-Year Initial Term + Four (4) 5-Year Renewal Options (~38+ Years Total)</li><li>​1.75% Annual Escalations - Compounded Annually</li><li>​Mister Carwash taken private by Leonard Green & Partners in May 2026 </li></ul>

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NOI
$80,000
Cap Rate
1.49%
DSCR
0.25
Underwater
Cash-on-Cash
-14.81%
Monthly Payment
$26,517.653
Annual Cash Flow
$-238,211.835

Location & Travel Times