Price: $2,00,000 | Cap Rate: 7.91% | NOI: $158,229
Land Area: 0.55 AC
Building Size: 1,210 SF
Pumps: Eight Pumps
BORDER-GATEWAY FRONTAGE ON THE REGION'S PRIMARY NORTH–SOUTH HIGHWAY Direct frontage at the NM-196 / NM-522 junction, positioning the property as the first and last fuel and convenience stop in New Mexico for the tourism, recreation, and commuter traffic crossing between Colorado's San Luis Valley and northern New Mexico
20-YEAR SALE-LEASEBACK COMMENCING AT CLOSE OF ESCROW A brand-new 20-year lease commences at close of escrow, providing two full decades of committed term and stable income from day one with no near-term rollover risk
QUALIFIES FOR 100% BONUS DEPRECIATION IN YEAR ONE As a gas station/convenience property, the asset qualifies for 100% bonus depreciation in year one, allowing eligible investors to substantially enhance after-tax returns