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1271 E Amador AveLas Cruces, NM 88001
Sun Auto New Mexico
Asset ClassSpecial Purpose, Retail
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overview of deal


Newmark Retail Capital Markets is pleased to present the opportunity to acquire Martin Tire Company, a pride of ownership 6,000 square foot tire shop with a lease guarantee by Sun Auto Tire & Service, Inc located in Las Cruces, New Mexico.


The property is situated at the busy intersection of Solano Drive and Amador Avenue, exposing the Property to over ±37,000 vehicles on a daily basis. Included in this sale is an adjacent lot with a Verizon Cell Tower. Verizon pays an annual rent of $3,600 (not included in the NOI) all due in the same payment for the year.

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Investment Highlights

  • Absolute NNN Lease With 13.5 Years Remaining
  • 1.75% Annual Increases
  • Located Along Major Retail Cooridor
  • Excellent Ingress/Egress
  • Corporate Guarantee (Sun Auto Inc) Has Over 350 Locations In 17 States
  • Located Approximately 1 Mile North of New Mexico State University (25,300 Enrollment)
1271 E Amador AveLas Cruces, NM 88001

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Listing provided by Revere CRE