Car Wash Properties - LoopNet · 1 2 t h lv S t. n t Ca r lisl e B lv d v . d. r d w d. n e v d . o...
Transcript of Car Wash Properties - LoopNet · 1 2 t h lv S t. n t Ca r lisl e B lv d v . d. r d w d. n e v d . o...
Keith Meyer, CCIM, [email protected]
505 715 3228
Jim Wible, [email protected]
505 400 6857
A VALUE ADD PORTFOLIO OF FIVE PROPERTIES
Car Wash Properties
505 878 0001 gotspaceusa.com6801 Jefferson NE | Suite 200 | Albuquerque, NM 87109
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Montaño Rd.
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Montgomery Blvd.
San Antonio Dr.
Alameda Blvd.
Alameda Blvd.
Southern Blvd.
Idalia Blvd.
Idalia Blvd.
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Rio
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Rio Ran
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Northern Blvd.
Paseo
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Ellison Dr.
Tramway Rd.
Osuna Rd.
Osuna Rd.
Academy Rd.
Paseo del Norte
Indian School Rd.
Gibson Blvd.
Dennis Chavez Blvd.
Central Ave. Central Ave.
Unse
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Rio Bravo Blvd.
Bridge Blvd.
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Lomas Blvd.
Menaul Blvd.
Candelaria Rd.
Comanche Rd.
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1 237 Highway 528 | Rio Rancho, NM 87124
9210 Eagle Ranch Rd. NW | Albuquerque, NM 871142
3525 Montgomery Blvd. NE | Albuquerque, NM 871073
12711 Candelaria Rd. NE | Albuquerque, NM 871124
9935 Lomas Blvd. NE | Albuquerque, NM 871125
Offering Memorandum
Rio Rancho
Albuquerque
Presented by:
Offering Memorandum | 2
The information contained in the following Marketing Brochure is proprietary and strictly confidential. It is intended to be reviewed only by the party receiving from NAI Maestas & Ward and should not be made available to any other person or entity without the written consent of NAI Maestas & Ward. This marketing brochure has been prepared to provide summary, unverified information to prospective purchasers, and to establish only a preliminary level of interest in the subject property. The information contained herein is not a substitute for a thorough due diligence investigation.
NAI Maestas & Ward has not made any investigation, and makes no warranty or representation, with respect to the income or expenses for the subject property, the future projected financial performance of the property, the size and square footage of the property and improvements, the presence or absence of contaminating substances, PCBs or asbestos, the compliance with state and federal regulations, the physical condition of the improvements thereon, or the financial condition or business prospects of any tenant, or any tenant’s plans or intentions to continue its occupancy of the subject property. The information contained in this marketing brochure has been obtained from sources we believe to be reliable. However, NAI Maestas & Ward has not verified, and will not verify, any of the information contained herein, nor has NAI Maestas & Ward conducted any investigation regarding these matters and makes no warranty or representation whatsoever regarding the accuracy or completeness of the information provided. All potential buyers must take appropriate measures to verify all of the information set forth herein.
ALL PROPERTY SHOWINGS ARE BY APPOINTMENT ONLY. PLEASE CONSULT A NAI MAESTAS & WARD ADVISOR FOR MORE DETAILS.
Disclaimer
Offering Memorandum | 3
Location Summary 4
Site Locations1 237 Highway 528 | Rio Rancho, NM 87124 5 2 9210 Eagle Ranch Rd. NW | Albuquerque, NM 87114 113 3525 Montgomery Blvd. NE | Albuquerque, NM 87107 174 12711 Candelaria Rd. NE | Albuquerque, NM 87112 23 5 9935 Lomas Blvd. NE | Albuquerque, NM 87112 29
OfferingSummary
Table ofContents
SALES PRICE $2,950,000
CAP RATE 22%
NET OPERATING INCOME $652,137 (ProForma Based)
Offering Memorandum
Offering Memorandum | 4
Store Location 237 Hwy 528 9210 Eagle Ranch Rd. NW 3525 Montgomery Blvd. NE 12711 Candelaria Rd. NE 9935 Lomas Blvd. NE
Store Name Rio Rancho Paseo Montgomery Tramway Lomas
Trade Name Ultimate Car Wash Ultimate Car Wash Ultimate Car Wash Ultimate Car Wash Ultimate Express Car Wash
UPC 1014069235296 101306403027220000 101606150002340000 102306002702730000 102005847000940000
Site Address 235 Hwy 528, Rio Rancho, NM9200 Eagle Ranch Rd NW Albuquerque NM 87114
3525 Montgomery Blvd Ne Albuquerque 87109
12711 Candelaria Rd NE Albuquerque NM 87111
9935 Lomas Blvd NE Albuquerque NM 87112
Legal DescriptionSubd: Arrowhead Ridge (Com) Tract: 4A
Lt 1-C Blk E Plat For Albuquerque West Subdivisionblock E Lot 1-B And Lot 1-C Cont .8980 Ac
Tr G-2-A-2 Plat Of Tracts G-2-A-1 & G-2-A-2 Montgomerycomplex Cont .8432 Ac
Lt 40-A Blk 6 Plat Of Lots 40-A & 40-B Blk 6 Unit 1 Casagrande Estates
Tr C-1-A Plat Of Tr C-1-A Lands Of Grevey Cont 1.2274 Acres
Acres 0.697 0.898 0.8432 0.4227 1.2274
Zoning SU-Commercial SU-1 PDA to Include C-3 Uses SU-1 for C-2 Uses C-1 C-1
Type Self Service Self Service Self Service Self Service Tunnel
Self Bays 4 5 6 4
IBA Touchless 1 1 1 1
IBA Friction 1
Emissions 1 1 1
Tunnel Length 135
Free Vacumns 23
Vacumns 4 0 0 5 0
Super Vacs 2 6 9
Vending Machines 7 10 13 7 6
Carpet/Other Machines
Auto Cashiers 1 1 1 1 2
Change Machines 2 2 2 1
Other Manual sign board LED Board Sign
Hours 24 x 7 24 x 7 24 x 7 24 x 7 Varies has security gates
Location Summary
Offering Memorandum
1 2 3 4 5
Offering Memorandum | 5
Keith Meyer, CCIM, [email protected]
505 715 3228
Jim Wible, [email protected]
505 400 6857
Car Wash with In-Bay AutomaticPART OF A VALUE ADD PORTFOLIO OF PROPERTIES
1237 Highway 528 | Rio Rancho, NM 87124
Property
6801 Jefferson NE | Suite 200 | Albuquerque, NM 87109
505 878 0001 gotspaceusa.com
Presented by:
Offering Memorandum | 6
237 Highway 528 | Rio Rancho, NM 87124 Property Summary
Investment Overview
Location In Rio Rancho, NM on Highway 528 northeast of Ridgecrest Dr. SE
Address 237 NM Highway 528 Rio Rancho, NM 87124
Building Size±2,440 SF
Land Size±0.69 Acres
Zoning SU-Commercial
Investment Highlights
• Four Self Service bays with 9 function cleaning systems in each bay
• Touchless In-Bay-Automatic - Belanger Vector
• Two Super Vac combo with fragrance/carpet cleaner
• Four standard auto vacuums
• Rinnai Tankless Hot water system
• Pur-Clean Reverse Osmosis water treatment system
• Twin water softeners in parallel for adequate capacity
• Hydrospray Self Serve equipment and racking
• 39,700 cars pass this location each day
Paseo del Norte
Academy Rd.
Paseo del Norte
Northern Blvd.
Unse
r Blv
d.
Paseo del Volcan
Southern Blvd.
Rio Bravo Blvd.
Bridge Blvd.
Montgomery Blvd.
Menaul Blvd.
Lomas Blvd.
Osuna Rd.
Coor
s Bl
vd.
Corr
ales
Rd.
Coor
s Bl
vd.
Rio
Gran
de B
lvd.
.dvlB at si V ocsi rt A
2nd
St.
2nd
St.
4th
St.
Unser B
lvd.
Unse
r Blv
d.
Unse
r Blv
d.
Montaño Rd.
Alameda Blvd.
Gibson Blvd.
Tramway Blvd.
Tramw
ay Blvd.
Juan Tabo Blvd.
Eubank Blvd.
Wyom
ing Blvd.
San Mateo Blvd.
Louisiana Blvd.
Central Ave.Central Ave.
25
25
40
Paseo Del Norte
Coor
s Bl
vd.
Rio Rancho
Albuquerque
Bernalillo
550
528
1
Offering Memorandum | 7
Low Altitude Site Aerial
The Blue Grasshopper
The New Covenant Worship Denter
CPD 39,700
528
S I T E
Rio Rancho Blvd.
Ridgecrest Dr.
237 Highway 528 | Rio Rancho, NM 87124 Location Summary 1
Offering Memorandum | 8
High Altitude Trade Aerial
Southern Blvd.
High Resort Blvd.
528
Rio Rancho Blvd.Arroyo de
Deportes Park
Tri Core Labs
Ram Motor Sales
Aero Mechanical Industries
Amrep SouthwestVista Hills
Park
Rio Rancho Elementary School
Rio Rancho High School
SI T E
237 Highway 528 | Rio Rancho, NM 87124 Location Summary 1
Offering Memorandum | 9
Site Photography
237 Highway 528 | Rio Rancho, NM 87124 Location Summary 1
Offering Memorandum | 10
1, 3 & 5 Mile Demographics
S I TE
528
550
25
25
Rio Rancho
Albuquerque
1 Mile 3 Mile 5 Mile
Demographic and Income Profile237 State Highway 528 SE, Rio Rancho, New Mexico, 87124 Prepared by EsriRing: 5 mile radius Latitude: 35.25427
Longitude: -106.64696
Summary Census 2010 2017 2022Population 110,530 119,122 125,914Households 42,541 45,341 47,647Families 29,632 31,049 32,410Average Household Size 2.59 2.62 2.64Owner Occupied Housing Units 31,779 33,412 35,167Renter Occupied Housing Units 10,762 11,929 12,480Median Age 37.8 38.8 39.1
Trends: 2017 - 2022 Annual Rate Area State NationalPopulation 1.12% 0.32% 0.83%Households 1.00% 0.26% 0.79%Families 0.86% 0.09% 0.71%Owner HHs 1.03% 0.27% 0.72%Median Household Income 1.80% 1.80% 2.12%
2017 2022 Households by Income Number Percent Number Percent
<$15,000 3,753 8.3% 3,956 8.3%$15,000 - $24,999 4,028 8.9% 3,941 8.3%$25,000 - $34,999 3,603 7.9% 3,444 7.2%$35,000 - $49,999 6,123 13.5% 5,710 12.0%$50,000 - $74,999 8,710 19.2% 8,512 17.9%$75,000 - $99,999 6,808 15.0% 7,345 15.4%$100,000 - $149,999 7,266 16.0% 8,569 18.0%$150,000 - $199,999 3,010 6.6% 3,702 7.8%$200,000+ 2,041 4.5% 2,467 5.2%
Median Household Income $62,410 $68,249Average Household Income $80,917 $90,195Per Capita Income $30,902 $34,244
Census 2010 2017 2022 Population by Age Number Percent Number Percent Number Percent
0 - 4 7,397 6.7% 7,524 6.3% 7,989 6.3%5 - 9 7,904 7.2% 7,954 6.7% 8,195 6.5%10 - 14 8,188 7.4% 8,261 6.9% 8,652 6.9%15 - 19 7,554 6.8% 7,385 6.2% 7,727 6.1%20 - 24 6,195 5.6% 6,603 5.5% 6,224 4.9%25 - 34 13,927 12.6% 15,765 13.2% 16,789 13.3%35 - 44 14,983 13.6% 15,469 13.0% 17,155 13.6%45 - 54 17,006 15.4% 15,975 13.4% 15,252 12.1%55 - 64 13,886 12.6% 16,233 13.6% 16,198 12.9%65 - 74 7,651 6.9% 11,110 9.3% 13,197 10.5%75 - 84 4,120 3.7% 4,796 4.0% 6,308 5.0%
85+ 1,719 1.6% 2,047 1.7% 2,230 1.8%Census 2010 2017 2022
Race and Ethnicity Number Percent Number Percent Number PercentWhite Alone 84,300 76.3% 87,813 73.7% 91,186 72.4%Black Alone 3,094 2.8% 3,497 2.9% 3,820 3.0%American Indian Alone 3,874 3.5% 4,874 4.1% 5,451 4.3%Asian Alone 2,166 2.0% 2,478 2.1% 2,752 2.2%Pacific Islander Alone 141 0.1% 155 0.1% 163 0.1%Some Other Race Alone 11,871 10.7% 14,240 12.0% 15,767 12.5%Two or More Races 5,085 4.6% 6,067 5.1% 6,775 5.4%
Hispanic Origin (Any Race) 41,182 37.3% 49,085 41.2% 55,383 44.0%Data Note: Income is expressed in current dollars.
Source: U.S. Census Bureau, Census 2010 Summary File 1. Esri forecasts for 2017 and 2022.
January 24, 2018
©2018 Esri Page 5 of 6
Demographic and Income Profile237 State Highway 528 SE, Rio Rancho, New Mexico, 87124 Prepared by EsriRing: 1 mile radius Latitude: 35.25427
Longitude: -106.64696
Summary Census 2010 2017 2022Population 9,362 10,294 11,006Households 3,623 3,913 4,149Families 2,337 2,499 2,642Average Household Size 2.55 2.60 2.62Owner Occupied Housing Units 2,493 2,708 2,911Renter Occupied Housing Units 1,130 1,205 1,238Median Age 39.9 40.1 40.5
Trends: 2017 - 2022 Annual Rate Area State NationalPopulation 1.35% 0.32% 0.83%Households 1.18% 0.26% 0.79%Families 1.12% 0.09% 0.71%Owner HHs 1.46% 0.27% 0.72%Median Household Income 1.41% 1.80% 2.12%
2017 2022 Households by Income Number Percent Number Percent
<$15,000 409 10.5% 435 10.5%$15,000 - $24,999 409 10.5% 398 9.6%$25,000 - $34,999 308 7.9% 307 7.4%$35,000 - $49,999 518 13.2% 488 11.8%$50,000 - $74,999 824 21.1% 813 19.6%$75,000 - $99,999 632 16.2% 701 16.9%$100,000 - $149,999 516 13.2% 630 15.2%$150,000 - $199,999 186 4.8% 238 5.7%$200,000+ 111 2.8% 139 3.4%
Median Household Income $57,121 $61,254Average Household Income $70,941 $79,139Per Capita Income $28,156 $31,084
Census 2010 2017 2022 Population by Age Number Percent Number Percent Number Percent
0 - 4 632 6.7% 658 6.4% 685 6.2%5 - 9 630 6.7% 660 6.4% 688 6.3%10 - 14 647 6.9% 667 6.5% 719 6.5%15 - 19 633 6.8% 599 5.8% 649 5.9%20 - 24 474 5.1% 595 5.8% 537 4.9%25 - 34 1,138 12.2% 1,312 12.7% 1,434 13.0%35 - 44 1,133 12.1% 1,211 11.8% 1,382 12.6%45 - 54 1,323 14.1% 1,255 12.2% 1,202 10.9%55 - 64 1,088 11.6% 1,323 12.9% 1,358 12.3%65 - 74 709 7.6% 1,011 9.8% 1,208 11.0%75 - 84 587 6.3% 604 5.9% 723 6.6%
85+ 369 3.9% 399 3.9% 420 3.8%Census 2010 2017 2022
Race and Ethnicity Number Percent Number Percent Number PercentWhite Alone 7,264 77.6% 7,704 74.8% 8,098 73.6%Black Alone 233 2.5% 266 2.6% 293 2.7%American Indian Alone 344 3.7% 458 4.4% 514 4.7%Asian Alone 159 1.7% 172 1.7% 187 1.7%Pacific Islander Alone 6 0.1% 7 0.1% 7 0.1%Some Other Race Alone 955 10.2% 1,197 11.6% 1,351 12.3%Two or More Races 401 4.3% 490 4.8% 556 5.1%
Hispanic Origin (Any Race) 3,198 34.2% 3,995 38.8% 4,628 42.0%Data Note: Income is expressed in current dollars.
Source: U.S. Census Bureau, Census 2010 Summary File 1. Esri forecasts for 2017 and 2022.
January 24, 2018
©2018 Esri Page 1 of 6
Demographic and Income Profile237 State Highway 528 SE, Rio Rancho, New Mexico, 87124 Prepared by EsriRing: 3 mile radius Latitude: 35.25427
Longitude: -106.64696
Summary Census 2010 2017 2022Population 48,417 52,886 56,070Households 18,987 20,420 21,504Families 13,265 14,093 14,758Average Household Size 2.54 2.58 2.60Owner Occupied Housing Units 14,970 15,958 16,855Renter Occupied Housing Units 4,017 4,463 4,648Median Age 42.1 43.1 43.3
Trends: 2017 - 2022 Annual Rate Area State NationalPopulation 1.18% 0.32% 0.83%Households 1.04% 0.26% 0.79%Families 0.93% 0.09% 0.71%Owner HHs 1.10% 0.27% 0.72%Median Household Income 2.09% 1.80% 2.12%
2017 2022 Households by Income Number Percent Number Percent
<$15,000 1,639 8.0% 1,716 8.0%$15,000 - $24,999 1,845 9.0% 1,774 8.2%$25,000 - $34,999 1,460 7.1% 1,409 6.6%$35,000 - $49,999 2,568 12.6% 2,386 11.1%$50,000 - $74,999 3,779 18.5% 3,685 17.1%$75,000 - $99,999 2,987 14.6% 3,243 15.1%$100,000 - $149,999 3,653 17.9% 4,291 20.0%$150,000 - $199,999 1,402 6.9% 1,700 7.9%$200,000+ 1,088 5.3% 1,299 6.0%
Median Household Income $65,795 $72,947Average Household Income $84,912 $94,540Per Capita Income $32,860 $36,331
Census 2010 2017 2022 Population by Age Number Percent Number Percent Number Percent
0 - 4 2,813 5.8% 2,911 5.5% 3,068 5.5%5 - 9 3,166 6.5% 3,228 6.1% 3,293 5.9%10 - 14 3,475 7.2% 3,540 6.7% 3,684 6.6%15 - 19 3,255 6.7% 3,186 6.0% 3,324 5.9%20 - 24 2,337 4.8% 2,665 5.0% 2,453 4.4%25 - 34 4,970 10.3% 5,891 11.1% 6,385 11.4%35 - 44 6,052 12.5% 6,231 11.8% 6,954 12.4%45 - 54 8,029 16.6% 7,379 14.0% 6,889 12.3%55 - 64 6,874 14.2% 8,167 15.4% 8,172 14.6%65 - 74 3,954 8.2% 5,740 10.9% 6,970 12.4%75 - 84 2,347 4.8% 2,628 5.0% 3,452 6.2%
85+ 1,146 2.4% 1,321 2.5% 1,426 2.5%Census 2010 2017 2022
Race and Ethnicity Number Percent Number Percent Number PercentWhite Alone 38,693 79.9% 40,863 77.3% 42,612 76.0%Black Alone 1,209 2.5% 1,426 2.7% 1,587 2.8%American Indian Alone 1,328 2.7% 1,764 3.3% 1,969 3.5%Asian Alone 992 2.0% 1,130 2.1% 1,249 2.2%Pacific Islander Alone 64 0.1% 71 0.1% 74 0.1%Some Other Race Alone 4,124 8.5% 5,163 9.8% 5,787 10.3%Two or More Races 2,006 4.1% 2,470 4.7% 2,791 5.0%
Hispanic Origin (Any Race) 15,630 32.3% 19,433 36.7% 22,327 39.8%Data Note: Income is expressed in current dollars.
Source: U.S. Census Bureau, Census 2010 Summary File 1. Esri forecasts for 2017 and 2022.
January 24, 2018
©2018 Esri Page 3 of 6
Demographic and Income Profile237 State Highway 528 SE, Rio Rancho, New Mexico, 87124 Prepared by EsriRing: 5 mile radius Latitude: 35.25427
Longitude: -106.64696
Summary Census 2010 2017 2022Population 110,530 119,122 125,914Households 42,541 45,341 47,647Families 29,632 31,049 32,410Average Household Size 2.59 2.62 2.64Owner Occupied Housing Units 31,779 33,412 35,167Renter Occupied Housing Units 10,762 11,929 12,480Median Age 37.8 38.8 39.1
Trends: 2017 - 2022 Annual Rate Area State NationalPopulation 1.12% 0.32% 0.83%Households 1.00% 0.26% 0.79%Families 0.86% 0.09% 0.71%Owner HHs 1.03% 0.27% 0.72%Median Household Income 1.80% 1.80% 2.12%
2017 2022 Households by Income Number Percent Number Percent
<$15,000 3,753 8.3% 3,956 8.3%$15,000 - $24,999 4,028 8.9% 3,941 8.3%$25,000 - $34,999 3,603 7.9% 3,444 7.2%$35,000 - $49,999 6,123 13.5% 5,710 12.0%$50,000 - $74,999 8,710 19.2% 8,512 17.9%$75,000 - $99,999 6,808 15.0% 7,345 15.4%$100,000 - $149,999 7,266 16.0% 8,569 18.0%$150,000 - $199,999 3,010 6.6% 3,702 7.8%$200,000+ 2,041 4.5% 2,467 5.2%
Median Household Income $62,410 $68,249Average Household Income $80,917 $90,195Per Capita Income $30,902 $34,244
Census 2010 2017 2022 Population by Age Number Percent Number Percent Number Percent
0 - 4 7,397 6.7% 7,524 6.3% 7,989 6.3%5 - 9 7,904 7.2% 7,954 6.7% 8,195 6.5%10 - 14 8,188 7.4% 8,261 6.9% 8,652 6.9%15 - 19 7,554 6.8% 7,385 6.2% 7,727 6.1%20 - 24 6,195 5.6% 6,603 5.5% 6,224 4.9%25 - 34 13,927 12.6% 15,765 13.2% 16,789 13.3%35 - 44 14,983 13.6% 15,469 13.0% 17,155 13.6%45 - 54 17,006 15.4% 15,975 13.4% 15,252 12.1%55 - 64 13,886 12.6% 16,233 13.6% 16,198 12.9%65 - 74 7,651 6.9% 11,110 9.3% 13,197 10.5%75 - 84 4,120 3.7% 4,796 4.0% 6,308 5.0%
85+ 1,719 1.6% 2,047 1.7% 2,230 1.8%Census 2010 2017 2022
Race and Ethnicity Number Percent Number Percent Number PercentWhite Alone 84,300 76.3% 87,813 73.7% 91,186 72.4%Black Alone 3,094 2.8% 3,497 2.9% 3,820 3.0%American Indian Alone 3,874 3.5% 4,874 4.1% 5,451 4.3%Asian Alone 2,166 2.0% 2,478 2.1% 2,752 2.2%Pacific Islander Alone 141 0.1% 155 0.1% 163 0.1%Some Other Race Alone 11,871 10.7% 14,240 12.0% 15,767 12.5%Two or More Races 5,085 4.6% 6,067 5.1% 6,775 5.4%
Hispanic Origin (Any Race) 41,182 37.3% 49,085 41.2% 55,383 44.0%Data Note: Income is expressed in current dollars.
Source: U.S. Census Bureau, Census 2010 Summary File 1. Esri forecasts for 2017 and 2022.
January 24, 2018
©2018 Esri Page 5 of 6
237 Highway 528 | Rio Rancho, NM 87124 Location Summary 1
Offering Memorandum | 11
Car Wash & Emissions PropertyPART OF A VALUE ADD PORTFOLIO OF PROPERTIES
9210 Eagle Ranch Rd. NW | Albuquerque, NM 87114
Keith Meyer, CCIM, [email protected]
505 715 3228
Jim Wible, [email protected]
505 400 68576801 Jefferson NE | Suite 200 | Albuquerque, NM 87109
505 878 0001 gotspaceusa.com
Presented by:
2Property
Offering Memorandum | 12
9210 Eagle Ranch Rd. NW | Albuquerque, NM 87114 Property Summary 2
Investment Overview
Location In Albuquerque, NM west of Coors Blvd. & Paseo Del Norte NW on Eagle Ranch Rd. NW
Address 9210 Eagle Ranch Albuquerque, NM 87114
Building Size±1,622 SF
Land Size±0.898 Acres
Zoning SU-1 PDA to include C-3(IDO Zoning: NR-C, Commercial)
Investment Highlights
• Five self service bays with 9 function cleaning systems in each bay
• Touchless In-Bay-Automatic - Jim Coleman Water Wizard 2.0
• Wash Connect integrated performance management system
• All bays and In Bay Automatic accept loyalty cards as part of property portfolio
• Six Super Vac combo with fragrance/carpet cleaner
• Ten vend island with master controller
• Emissions bay with Worldwide auto emissions testing compliant with Bernalillo County Clean Air Program
• All Jim Coleman Hanna equipment throughout
• Twin water softeners in parallel for adequate capacity
• Highly visible to 39,400 cars per day on Paseo Del Norte and 26,500 cars per day on Eagle Ranch Rd.
Paseo del Norte
Academy Rd.
Paseo del Norte
Northern Blvd.
Unse
r Blv
d.
Paseo del Volcan
Southern Blvd.
Rio Bravo Blvd.
Bridge Blvd.
Montgomery Blvd.
Menaul Blvd.
Lomas Blvd.
Osuna Rd.
Coor
s Bl
vd.
Corr
ales
Rd.
Coor
s Bl
vd.
Rio
Gran
de B
lvd.
.dvlB at si V ocsi rt A
2nd
St.
2nd
St.
4th
St.
Unser B
lvd.
Unse
r Blv
d.
Unse
r Blv
d.
Montaño Rd.
Alameda Blvd.
Gibson Blvd.
Tramway Blvd.
Tramw
ay Blvd.
Juan Tabo Blvd.
Eubank Blvd.
Wyom
ing Blvd.
San Mateo Blvd.
Louisiana Blvd.
Central Ave.Central Ave.
25
25
40
Paseo Del Norte
Coor
s Bl
vd.
Rio Rancho
Albuquerque
Bernalillo
550
528
Offering Memorandum | 13
Low Altitude Site Aerial
S I TE
Paseo Del Norte
Eag
le R
anch
Rd.
QuanzAuto Care
CPD 39,400
CPD
26,5
00
9210 Eagle Ranch Rd. NW | Albuquerque, NM 87114 Location Summary 2
Offering Memorandum | 14
9210 Eagle Ranch Rd. NW | Albuquerque, NM 87114 Location Summary 2High Altitude Trade Aerial
Paseo Del Norte
Eagle
Ranc
h Rd.
S I T E
COTTONWOOD MALL
Irving Rd.
G
olf C
ours
e Rd
.
Paseo Del Norte
Coor
s Blvd
.
Paradise Blvd.
QuanzAuto Care A-1 Self Storage
Desert GreensGolf Course
Offering Memorandum | 15
Site Photography
9210 Eagle Ranch Rd. NW | Albuquerque, NM 87114 Location Summary 2
Offering Memorandum | 16
9210 Eagle Ranch Rd. NW | Albuquerque, NM 87114 Location Summary 21, 3 & 5 Mile Demographics
S I TE
528
25
25
40
Rio Rancho
Albuquerque
1 Mile 3 Mile 5 Mile
Demographic and Income Profile9210 Eagle Ranch Rd NW, Albuquerque, New Mexico, 87114 Prepared by EsriRing: 1 mile radius Latitude: 35.18267
Longitude: -106.67422
Summary Census 2010 2017 2022Population 11,587 11,723 11,971Households 4,490 4,500 4,575Families 3,094 3,060 3,094Average Household Size 2.53 2.56 2.57Owner Occupied Housing Units 3,037 3,013 3,077Renter Occupied Housing Units 1,453 1,488 1,498Median Age 36.2 36.9 37.4
Trends: 2017 - 2022 Annual Rate Area State NationalPopulation 0.42% 0.32% 0.83%Households 0.33% 0.26% 0.79%Families 0.22% 0.09% 0.71%Owner HHs 0.42% 0.27% 0.72%Median Household Income 1.70% 1.80% 2.12%
2017 2022 Households by Income Number Percent Number Percent
<$15,000 401 8.9% 388 8.5%$15,000 - $24,999 304 6.8% 270 5.9%$25,000 - $34,999 307 6.8% 268 5.9%$35,000 - $49,999 383 8.5% 338 7.4%$50,000 - $74,999 629 14.0% 593 13.0%$75,000 - $99,999 657 14.6% 675 14.8%$100,000 - $149,999 1,006 22.4% 1,099 24.0%$150,000 - $199,999 480 10.7% 547 12.0%$200,000+ 335 7.4% 398 8.7%
Median Household Income $82,040 $89,254Average Household Income $99,122 $111,504Per Capita Income $38,531 $43,074
Census 2010 2017 2022 Population by Age Number Percent Number Percent Number Percent
0 - 4 730 6.3% 696 5.9% 720 6.0%5 - 9 775 6.7% 751 6.4% 734 6.1%10 - 14 882 7.6% 784 6.7% 784 6.5%15 - 19 837 7.2% 779 6.6% 726 6.1%20 - 24 836 7.2% 883 7.5% 803 6.7%25 - 34 1,549 13.4% 1,650 14.1% 1,811 15.1%35 - 44 1,643 14.2% 1,601 13.7% 1,681 14.0%45 - 54 1,874 16.2% 1,683 14.4% 1,534 12.8%55 - 64 1,378 11.9% 1,468 12.5% 1,505 12.6%65 - 74 664 5.7% 965 8.2% 1,066 8.9%75 - 84 305 2.6% 343 2.9% 478 4.0%
85+ 114 1.0% 122 1.0% 129 1.1%Census 2010 2017 2022
Race and Ethnicity Number Percent Number Percent Number PercentWhite Alone 8,597 74.2% 8,459 72.2% 8,483 70.9%Black Alone 397 3.4% 402 3.4% 413 3.5%American Indian Alone 595 5.1% 652 5.6% 702 5.9%Asian Alone 330 2.8% 380 3.2% 418 3.5%Pacific Islander Alone 16 0.1% 17 0.1% 17 0.1%Some Other Race Alone 1,156 10.0% 1,267 10.8% 1,350 11.3%Two or More Races 496 4.3% 547 4.7% 588 4.9%
Hispanic Origin (Any Race) 4,667 40.3% 5,042 43.0% 5,416 45.2%Data Note: Income is expressed in current dollars.
Source: U.S. Census Bureau, Census 2010 Summary File 1. Esri forecasts for 2017 and 2022.
January 22, 2018
©2018 Esri Page 1 of 6
Demographic and Income Profile9210 Eagle Ranch Rd NW, Albuquerque, New Mexico, 87114 Prepared by EsriRing: 1 mile radius Latitude: 35.18267
Longitude: -106.67422
Summary Census 2010 2017 2022Population 11,587 11,723 11,971Households 4,490 4,500 4,575Families 3,094 3,060 3,094Average Household Size 2.53 2.56 2.57Owner Occupied Housing Units 3,037 3,013 3,077Renter Occupied Housing Units 1,453 1,488 1,498Median Age 36.2 36.9 37.4
Trends: 2017 - 2022 Annual Rate Area State NationalPopulation 0.42% 0.32% 0.83%Households 0.33% 0.26% 0.79%Families 0.22% 0.09% 0.71%Owner HHs 0.42% 0.27% 0.72%Median Household Income 1.70% 1.80% 2.12%
2017 2022 Households by Income Number Percent Number Percent
<$15,000 401 8.9% 388 8.5%$15,000 - $24,999 304 6.8% 270 5.9%$25,000 - $34,999 307 6.8% 268 5.9%$35,000 - $49,999 383 8.5% 338 7.4%$50,000 - $74,999 629 14.0% 593 13.0%$75,000 - $99,999 657 14.6% 675 14.8%$100,000 - $149,999 1,006 22.4% 1,099 24.0%$150,000 - $199,999 480 10.7% 547 12.0%$200,000+ 335 7.4% 398 8.7%
Median Household Income $82,040 $89,254Average Household Income $99,122 $111,504Per Capita Income $38,531 $43,074
Census 2010 2017 2022 Population by Age Number Percent Number Percent Number Percent
0 - 4 730 6.3% 696 5.9% 720 6.0%5 - 9 775 6.7% 751 6.4% 734 6.1%10 - 14 882 7.6% 784 6.7% 784 6.5%15 - 19 837 7.2% 779 6.6% 726 6.1%20 - 24 836 7.2% 883 7.5% 803 6.7%25 - 34 1,549 13.4% 1,650 14.1% 1,811 15.1%35 - 44 1,643 14.2% 1,601 13.7% 1,681 14.0%45 - 54 1,874 16.2% 1,683 14.4% 1,534 12.8%55 - 64 1,378 11.9% 1,468 12.5% 1,505 12.6%65 - 74 664 5.7% 965 8.2% 1,066 8.9%75 - 84 305 2.6% 343 2.9% 478 4.0%
85+ 114 1.0% 122 1.0% 129 1.1%Census 2010 2017 2022
Race and Ethnicity Number Percent Number Percent Number PercentWhite Alone 8,597 74.2% 8,459 72.2% 8,483 70.9%Black Alone 397 3.4% 402 3.4% 413 3.5%American Indian Alone 595 5.1% 652 5.6% 702 5.9%Asian Alone 330 2.8% 380 3.2% 418 3.5%Pacific Islander Alone 16 0.1% 17 0.1% 17 0.1%Some Other Race Alone 1,156 10.0% 1,267 10.8% 1,350 11.3%Two or More Races 496 4.3% 547 4.7% 588 4.9%
Hispanic Origin (Any Race) 4,667 40.3% 5,042 43.0% 5,416 45.2%Data Note: Income is expressed in current dollars.
Source: U.S. Census Bureau, Census 2010 Summary File 1. Esri forecasts for 2017 and 2022.
January 22, 2018
©2018 Esri Page 1 of 6
Demographic and Income Profile9210 Eagle Ranch Rd NW, Albuquerque, New Mexico, 87114 Prepared by EsriRing: 3 mile radius Latitude: 35.18267
Longitude: -106.67422
Summary Census 2010 2017 2022Population 71,119 75,378 77,780Households 28,019 29,476 30,330Families 19,094 19,633 19,994Average Household Size 2.52 2.54 2.55Owner Occupied Housing Units 19,661 20,234 20,750Renter Occupied Housing Units 8,358 9,242 9,581Median Age 36.5 37.7 38.3
Trends: 2017 - 2022 Annual Rate Area State NationalPopulation 0.63% 0.32% 0.83%Households 0.57% 0.26% 0.79%Families 0.37% 0.09% 0.71%Owner HHs 0.50% 0.27% 0.72%Median Household Income 1.89% 1.80% 2.12%
2017 2022 Households by Income Number Percent Number Percent
<$15,000 2,288 7.8% 2,322 7.7%$15,000 - $24,999 2,152 7.3% 2,056 6.8%$25,000 - $34,999 2,499 8.5% 2,328 7.7%$35,000 - $49,999 3,534 12.0% 3,229 10.6%$50,000 - $74,999 5,681 19.3% 5,482 18.1%$75,000 - $99,999 4,502 15.3% 4,736 15.6%$100,000 - $149,999 5,253 17.8% 5,973 19.7%$150,000 - $199,999 2,123 7.2% 2,495 8.2%$200,000+ 1,443 4.9% 1,710 5.6%
Median Household Income $66,829 $73,393Average Household Income $84,741 $94,274Per Capita Income $33,214 $36,811
Census 2010 2017 2022 Population by Age Number Percent Number Percent Number Percent
0 - 4 4,774 6.7% 4,734 6.3% 4,914 6.3%5 - 9 4,995 7.0% 5,015 6.7% 5,015 6.4%10 - 14 5,033 7.1% 5,029 6.7% 5,150 6.6%15 - 19 4,890 6.9% 4,584 6.1% 4,671 6.0%20 - 24 4,649 6.5% 4,546 6.0% 4,270 5.5%25 - 34 9,732 13.7% 10,911 14.5% 11,000 14.1%35 - 44 9,915 13.9% 10,277 13.6% 11,335 14.6%45 - 54 10,875 15.3% 10,109 13.4% 9,479 12.2%55 - 64 8,838 12.4% 9,864 13.1% 9,649 12.4%65 - 74 4,469 6.3% 6,700 8.9% 7,749 10.0%75 - 84 2,175 3.1% 2,657 3.5% 3,507 4.5%
85+ 775 1.1% 952 1.3% 1,040 1.3%Census 2010 2017 2022
Race and Ethnicity Number Percent Number Percent Number PercentWhite Alone 53,026 74.6% 54,534 72.3% 55,211 71.0%Black Alone 2,057 2.9% 2,217 2.9% 2,324 3.0%American Indian Alone 3,127 4.4% 3,692 4.9% 4,101 5.3%Asian Alone 1,406 2.0% 1,696 2.2% 1,891 2.4%Pacific Islander Alone 92 0.1% 96 0.1% 98 0.1%Some Other Race Alone 8,034 11.3% 9,247 12.3% 9,940 12.8%Two or More Races 3,378 4.7% 3,897 5.2% 4,216 5.4%
Hispanic Origin (Any Race) 30,434 42.8% 34,428 45.7% 37,297 48.0%Data Note: Income is expressed in current dollars.
Source: U.S. Census Bureau, Census 2010 Summary File 1. Esri forecasts for 2017 and 2022.
January 22, 2018
©2018 Esri Page 3 of 6
Demographic and Income Profile9210 Eagle Ranch Rd NW, Albuquerque, New Mexico, 87114 Prepared by EsriRing: 5 mile radius Latitude: 35.18267
Longitude: -106.67422
Summary Census 2010 2017 2022Population 171,715 183,151 189,491Households 68,102 71,702 73,872Families 45,323 46,867 47,901Average Household Size 2.49 2.52 2.53Owner Occupied Housing Units 49,347 51,173 52,735Renter Occupied Housing Units 18,755 20,530 21,137Median Age 37.2 38.2 38.4
Trends: 2017 - 2022 Annual Rate Area State NationalPopulation 0.68% 0.32% 0.83%Households 0.60% 0.26% 0.79%Families 0.44% 0.09% 0.71%Owner HHs 0.60% 0.27% 0.72%Median Household Income 1.88% 1.80% 2.12%
2017 2022 Households by Income Number Percent Number Percent
<$15,000 6,633 9.3% 6,727 9.1%$15,000 - $24,999 6,746 9.4% 6,437 8.7%$25,000 - $34,999 6,439 9.0% 5,996 8.1%$35,000 - $49,999 8,948 12.5% 8,127 11.0%$50,000 - $74,999 13,569 18.9% 13,081 17.7%$75,000 - $99,999 10,148 14.2% 10,825 14.7%$100,000 - $149,999 11,747 16.4% 13,698 18.5%$150,000 - $199,999 4,433 6.2% 5,351 7.2%$200,000+ 3,039 4.2% 3,629 4.9%
Median Household Income $60,614 $66,520Average Household Income $78,742 $88,137Per Capita Income $30,862 $34,320
Census 2010 2017 2022 Population by Age Number Percent Number Percent Number Percent
0 - 4 11,687 6.8% 11,714 6.4% 12,241 6.5%5 - 9 11,959 7.0% 12,164 6.6% 12,353 6.5%10 - 14 11,845 6.9% 12,204 6.7% 12,653 6.7%15 - 19 11,241 6.5% 11,094 6.1% 11,511 6.1%20 - 24 10,333 6.0% 10,620 5.8% 10,203 5.4%25 - 34 23,631 13.8% 25,557 14.0% 26,261 13.9%35 - 44 23,545 13.7% 24,934 13.6% 26,862 14.2%45 - 54 25,440 14.8% 23,744 13.0% 22,556 11.9%55 - 64 21,615 12.6% 24,084 13.1% 23,228 12.3%65 - 74 11,592 6.8% 16,841 9.2% 19,414 10.2%75 - 84 6,266 3.6% 7,197 3.9% 9,066 4.8%
85+ 2,563 1.5% 2,999 1.6% 3,143 1.7%Census 2010 2017 2022
Race and Ethnicity Number Percent Number Percent Number PercentWhite Alone 126,381 73.6% 130,477 71.2% 132,523 69.9%Black Alone 4,515 2.6% 5,061 2.8% 5,386 2.8%American Indian Alone 6,673 3.9% 8,078 4.4% 8,960 4.7%Asian Alone 3,285 1.9% 3,946 2.2% 4,406 2.3%Pacific Islander Alone 192 0.1% 198 0.1% 202 0.1%Some Other Race Alone 22,923 13.3% 26,395 14.4% 28,265 14.9%Two or More Races 7,746 4.5% 8,996 4.9% 9,749 5.1%
Hispanic Origin (Any Race) 77,455 45.1% 88,078 48.1% 95,389 50.3%Data Note: Income is expressed in current dollars.
Source: U.S. Census Bureau, Census 2010 Summary File 1. Esri forecasts for 2017 and 2022.
January 22, 2018
©2018 Esri Page 5 of 6
Offering Memorandum | 17
3PropertyCar Wash & Emissions PropertyPART OF A VALUE ADD PORTFOLIO OF PROPERTIES
3525 Montgomery Blvd. NE | Albuquerque, NM 87107
Keith Meyer, CCIM, [email protected]
505 715 3228
Jim Wible, [email protected]
505 400 68576801 Jefferson NE | Suite 200 | Albuquerque, NM 87109
505 878 0001 gotspaceusa.com
Presented by:
Offering Memorandum | 18
3525 Montgomery Blvd. NE | Albuquerque, NM 87107 Property Summary 3
Paseo del Norte
Academy Rd.
Paseo del Norte
Northern Blvd.
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Paseo del Volcan
Southern Blvd.
Rio Bravo Blvd.
Bridge Blvd.
Montgomery Blvd.
Menaul Blvd.
Lomas Blvd.
Osuna Rd.
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Montaño Rd.
Alameda Blvd.
Gibson Blvd.
Tramway Blvd.
Tramw
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Juan Tabo Blvd.
Eubank Blvd.
Wyom
ing Blvd.
San Mateo Blvd.
Louisiana Blvd.
Central Ave.Central Ave.
25
25
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Montaño Rd.
Rio Rancho
Albuquerque
Bernalillo
550
528
Investment Overview
Location In Albuquerque, NM on Montgomery Blvd. between I-25 & Carlisle Blvd.
Address 3525 Montgomery Blvd. NE Albuquerque, NM 87107
Building Size±5,500 SF
Land Size±0.8432 Acres
Zoning SU-1 for C-2 Uses(IDO Zoning: MX-M, Moderate intensity)
Investment Highlights
• Six Self Service bays with 9 function cleaning systems in each bay
• Touchless and Friction In-Bay-Automatic - Jim Coleman Water Wizard 2.0
• Wash Connect integrated performance management system
• All bays and In Bay Automatic accept loyalty cards as part of property portfolio
• Nine Super Vac combo with fragrance/carpet cleaner
• Seven vend island with master controller and Six vend island with mater controller
• Emissions Bay with Worldwide auto emissions testing compliant with Bernalillo County Clean Air Program
• All Jim Coleman Hanna equipment throughout
• Twin water softeners in parallel for adequate capacity
• Great visibility to 43,800 cars per day
Offering Memorandum | 19
3525 Montgomery Blvd. NE | Albuquerque, NM 87107 Location Summary 3
25
S I TE
New Beginnings of God Church
Montgomery Blvd.
Carlisle Blvd.
Pan A
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CPD 43,800
Low Altitude Site Aerial
Offering Memorandum | 20
3525 Montgomery Blvd. NE | Albuquerque, NM 87107 Location Summary 3
Montgomery Blvd.
Montano Rd.
Jeffe
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St.
2nd
St.
Osuna Rd.
S I TE
Hayashi Japanese Hibachi
Lovelace Women’sHospital
FBI Offices
Core-MarkInternational
Del Norte High School
STATION
High Altitude Trade Aerial
DUAL IN-BAY AUTOMATICS
Offering Memorandum | 21
3525 Montgomery Blvd. NE | Albuquerque, NM 87107 Location Summary 3Site Photography
Offering Memorandum | 22
3525 Montgomery Blvd. NE | Albuquerque, NM 87107 Location Summary 3
S I TE
25
25
40
40
Rio Rancho
Albuquerque
528
1, 3 & 5 Mile Demographics
1 Mile 3 Mile 5 Mile
Demographic and Income Profile3525 Montgomery Blvd NE, Albuquerque, New Mexico, 87107 Prepared by EsriRing: 1 mile radius Latitude: 35.13107
Longitude: -106.60533
Summary Census 2010 2017 2022Population 12,542 12,457 12,451Households 5,219 5,113 5,084Families 2,847 2,701 2,648Average Household Size 2.36 2.39 2.40Owner Occupied Housing Units 1,827 1,726 1,713Renter Occupied Housing Units 3,392 3,387 3,371Median Age 29.6 30.9 31.5
Trends: 2017 - 2022 Annual Rate Area State NationalPopulation -0.01% 0.32% 0.83%Households -0.11% 0.26% 0.79%Families -0.40% 0.09% 0.71%Owner HHs -0.15% 0.27% 0.72%Median Household Income 0.38% 1.80% 2.12%
2017 2022 Households by Income Number Percent Number Percent
<$15,000 1,114 21.8% 1,138 22.4%$15,000 - $24,999 1,004 19.6% 956 18.8%$25,000 - $34,999 729 14.3% 685 13.5%$35,000 - $49,999 757 14.8% 692 13.6%$50,000 - $74,999 718 14.0% 695 13.7%$75,000 - $99,999 382 7.5% 426 8.4%$100,000 - $149,999 300 5.9% 354 7.0%$150,000 - $199,999 60 1.2% 75 1.5%$200,000+ 49 1.0% 63 1.2%
Median Household Income $30,260 $30,839Average Household Income $43,022 $47,535Per Capita Income $17,938 $19,678
Census 2010 2017 2022 Population by Age Number Percent Number Percent Number Percent
0 - 4 1,067 8.5% 1,018 8.2% 1,052 8.4%5 - 9 997 7.9% 905 7.3% 921 7.4%10 - 14 762 6.1% 793 6.4% 773 6.2%15 - 19 921 7.3% 798 6.4% 750 6.0%20 - 24 1,348 10.7% 1,190 9.6% 1,101 8.8%25 - 34 2,281 18.2% 2,415 19.4% 2,412 19.4%35 - 44 1,468 11.7% 1,504 12.1% 1,648 13.2%45 - 54 1,420 11.3% 1,299 10.4% 1,224 9.8%55 - 64 936 7.5% 1,100 8.8% 1,108 8.9%65 - 74 590 4.7% 676 5.4% 737 5.9%75 - 84 514 4.1% 492 3.9% 475 3.8%
85+ 237 1.9% 268 2.2% 252 2.0%Census 2010 2017 2022
Race and Ethnicity Number Percent Number Percent Number PercentWhite Alone 6,802 54.2% 6,436 51.7% 6,244 50.1%Black Alone 474 3.8% 463 3.7% 458 3.7%American Indian Alone 1,409 11.2% 1,521 12.2% 1,609 12.9%Asian Alone 160 1.3% 173 1.4% 184 1.5%Pacific Islander Alone 12 0.1% 12 0.1% 12 0.1%Some Other Race Alone 2,918 23.3% 3,049 24.5% 3,120 25.1%Two or More Races 767 6.1% 804 6.5% 824 6.6%
Hispanic Origin (Any Race) 6,569 52.4% 6,833 54.9% 7,049 56.6%Data Note: Income is expressed in current dollars.
Source: U.S. Census Bureau, Census 2010 Summary File 1. Esri forecasts for 2017 and 2022.
January 24, 2018
©2018 Esri Page 1 of 6
Demographic and Income Profile3525 Montgomery Blvd NE, Albuquerque, New Mexico, 87107 Prepared by EsriRing: 1 mile radius Latitude: 35.13107
Longitude: -106.60533
Summary Census 2010 2017 2022Population 12,542 12,457 12,451Households 5,219 5,113 5,084Families 2,847 2,701 2,648Average Household Size 2.36 2.39 2.40Owner Occupied Housing Units 1,827 1,726 1,713Renter Occupied Housing Units 3,392 3,387 3,371Median Age 29.6 30.9 31.5
Trends: 2017 - 2022 Annual Rate Area State NationalPopulation -0.01% 0.32% 0.83%Households -0.11% 0.26% 0.79%Families -0.40% 0.09% 0.71%Owner HHs -0.15% 0.27% 0.72%Median Household Income 0.38% 1.80% 2.12%
2017 2022 Households by Income Number Percent Number Percent
<$15,000 1,114 21.8% 1,138 22.4%$15,000 - $24,999 1,004 19.6% 956 18.8%$25,000 - $34,999 729 14.3% 685 13.5%$35,000 - $49,999 757 14.8% 692 13.6%$50,000 - $74,999 718 14.0% 695 13.7%$75,000 - $99,999 382 7.5% 426 8.4%$100,000 - $149,999 300 5.9% 354 7.0%$150,000 - $199,999 60 1.2% 75 1.5%$200,000+ 49 1.0% 63 1.2%
Median Household Income $30,260 $30,839Average Household Income $43,022 $47,535Per Capita Income $17,938 $19,678
Census 2010 2017 2022 Population by Age Number Percent Number Percent Number Percent
0 - 4 1,067 8.5% 1,018 8.2% 1,052 8.4%5 - 9 997 7.9% 905 7.3% 921 7.4%10 - 14 762 6.1% 793 6.4% 773 6.2%15 - 19 921 7.3% 798 6.4% 750 6.0%20 - 24 1,348 10.7% 1,190 9.6% 1,101 8.8%25 - 34 2,281 18.2% 2,415 19.4% 2,412 19.4%35 - 44 1,468 11.7% 1,504 12.1% 1,648 13.2%45 - 54 1,420 11.3% 1,299 10.4% 1,224 9.8%55 - 64 936 7.5% 1,100 8.8% 1,108 8.9%65 - 74 590 4.7% 676 5.4% 737 5.9%75 - 84 514 4.1% 492 3.9% 475 3.8%
85+ 237 1.9% 268 2.2% 252 2.0%Census 2010 2017 2022
Race and Ethnicity Number Percent Number Percent Number PercentWhite Alone 6,802 54.2% 6,436 51.7% 6,244 50.1%Black Alone 474 3.8% 463 3.7% 458 3.7%American Indian Alone 1,409 11.2% 1,521 12.2% 1,609 12.9%Asian Alone 160 1.3% 173 1.4% 184 1.5%Pacific Islander Alone 12 0.1% 12 0.1% 12 0.1%Some Other Race Alone 2,918 23.3% 3,049 24.5% 3,120 25.1%Two or More Races 767 6.1% 804 6.5% 824 6.6%
Hispanic Origin (Any Race) 6,569 52.4% 6,833 54.9% 7,049 56.6%Data Note: Income is expressed in current dollars.
Source: U.S. Census Bureau, Census 2010 Summary File 1. Esri forecasts for 2017 and 2022.
January 24, 2018
©2018 Esri Page 1 of 6
Demographic and Income Profile3525 Montgomery Blvd NE, Albuquerque, New Mexico, 87107 Prepared by EsriRing: 3 mile radius Latitude: 35.13107
Longitude: -106.60533
Summary Census 2010 2017 2022Population 93,480 94,443 95,341Households 42,248 42,391 42,661Families 22,492 21,832 21,641Average Household Size 2.19 2.20 2.21Owner Occupied Housing Units 23,540 23,063 23,170Renter Occupied Housing Units 18,708 19,328 19,491Median Age 37.6 38.7 39.3
Trends: 2017 - 2022 Annual Rate Area State NationalPopulation 0.19% 0.32% 0.83%Households 0.13% 0.26% 0.79%Families -0.18% 0.09% 0.71%Owner HHs 0.09% 0.27% 0.72%Median Household Income 1.57% 1.80% 2.12%
2017 2022 Households by Income Number Percent Number Percent
<$15,000 6,558 15.5% 6,598 15.5%$15,000 - $24,999 5,922 14.0% 5,610 13.2%$25,000 - $34,999 5,264 12.4% 4,855 11.4%$35,000 - $49,999 6,101 14.4% 5,532 13.0%$50,000 - $74,999 7,346 17.3% 7,100 16.6%$75,000 - $99,999 4,393 10.4% 4,806 11.3%$100,000 - $149,999 4,311 10.2% 5,128 12.0%$150,000 - $199,999 1,458 3.4% 1,755 4.1%$200,000+ 1,038 2.4% 1,276 3.0%
Median Household Income $42,290 $45,717Average Household Income $59,543 $67,090Per Capita Income $26,987 $30,284
Census 2010 2017 2022 Population by Age Number Percent Number Percent Number Percent
0 - 4 5,627 6.0% 5,279 5.6% 5,395 5.7%5 - 9 5,180 5.5% 5,104 5.4% 5,058 5.3%10 - 14 4,755 5.1% 4,811 5.1% 4,921 5.2%15 - 19 5,798 6.2% 5,064 5.4% 5,064 5.3%20 - 24 8,351 8.9% 6,933 7.3% 6,374 6.7%25 - 34 14,174 15.2% 15,553 16.5% 15,154 15.9%35 - 44 10,964 11.7% 11,411 12.1% 12,527 13.1%45 - 54 12,991 13.9% 11,188 11.8% 10,539 11.1%55 - 64 11,542 12.3% 12,325 13.1% 11,682 12.3%65 - 74 6,909 7.4% 9,146 9.7% 10,367 10.9%75 - 84 4,895 5.2% 5,057 5.4% 5,776 6.1%
85+ 2,294 2.5% 2,573 2.7% 2,487 2.6%Census 2010 2017 2022
Race and Ethnicity Number Percent Number Percent Number PercentWhite Alone 66,452 71.1% 65,056 68.9% 64,317 67.5%Black Alone 2,446 2.6% 2,502 2.6% 2,559 2.7%American Indian Alone 5,380 5.8% 6,044 6.4% 6,574 6.9%Asian Alone 2,015 2.2% 2,285 2.4% 2,494 2.6%Pacific Islander Alone 93 0.1% 92 0.1% 91 0.1%Some Other Race Alone 12,887 13.8% 13,893 14.7% 14,493 15.2%Two or More Races 4,206 4.5% 4,571 4.8% 4,813 5.0%
Hispanic Origin (Any Race) 40,031 42.8% 42,823 45.3% 45,148 47.4%Data Note: Income is expressed in current dollars.
Source: U.S. Census Bureau, Census 2010 Summary File 1. Esri forecasts for 2017 and 2022.
January 24, 2018
©2018 Esri Page 3 of 6
Demographic and Income Profile3525 Montgomery Blvd NE, Albuquerque, New Mexico, 87107 Prepared by EsriRing: 5 mile radius Latitude: 35.13107
Longitude: -106.60533
Summary Census 2010 2017 2022Population 278,777 284,814 288,996Households 124,309 126,148 127,621Families 65,584 64,529 64,369Average Household Size 2.18 2.20 2.21Owner Occupied Housing Units 66,274 65,685 66,293Renter Occupied Housing Units 58,035 60,463 61,328Median Age 37.7 38.8 39.4
Trends: 2017 - 2022 Annual Rate Area State NationalPopulation 0.29% 0.32% 0.83%Households 0.23% 0.26% 0.79%Families -0.05% 0.09% 0.71%Owner HHs 0.18% 0.27% 0.72%Median Household Income 1.74% 1.80% 2.12%
2017 2022 Households by Income Number Percent Number Percent
<$15,000 20,381 16.2% 20,422 16.0%$15,000 - $24,999 17,090 13.5% 16,142 12.6%$25,000 - $34,999 15,037 11.9% 14,000 11.0%$35,000 - $49,999 17,294 13.7% 15,835 12.4%$50,000 - $74,999 20,749 16.4% 20,293 15.9%$75,000 - $99,999 12,513 9.9% 13,741 10.8%$100,000 - $149,999 13,968 11.1% 16,370 12.8%$150,000 - $199,999 5,053 4.0% 5,944 4.7%$200,000+ 4,064 3.2% 4,875 3.8%
Median Household Income $43,023 $46,891Average Household Income $62,899 $70,765Per Capita Income $28,258 $31,640
Census 2010 2017 2022 Population by Age Number Percent Number Percent Number Percent
0 - 4 16,316 5.9% 15,479 5.4% 15,861 5.5%5 - 9 15,528 5.6% 15,131 5.3% 14,976 5.2%10 - 14 14,707 5.3% 14,702 5.2% 14,755 5.1%15 - 19 18,250 6.5% 16,703 5.9% 16,532 5.7%20 - 24 24,419 8.8% 21,820 7.7% 20,530 7.1%25 - 34 41,031 14.7% 44,878 15.8% 44,467 15.4%35 - 44 33,578 12.0% 34,376 12.1% 37,351 12.9%45 - 54 39,466 14.2% 34,614 12.2% 32,454 11.2%55 - 64 34,931 12.5% 38,013 13.3% 36,736 12.7%65 - 74 19,994 7.2% 27,310 9.6% 31,316 10.8%75 - 84 13,646 4.9% 14,145 5.0% 16,563 5.7%
85+ 6,908 2.5% 7,643 2.7% 7,454 2.6%Census 2010 2017 2022
Race and Ethnicity Number Percent Number Percent Number PercentWhite Alone 201,492 72.3% 199,877 70.2% 198,903 68.8%Black Alone 8,064 2.9% 8,308 2.9% 8,508 2.9%American Indian Alone 13,994 5.0% 15,857 5.6% 17,293 6.0%Asian Alone 7,538 2.7% 8,731 3.1% 9,622 3.3%Pacific Islander Alone 269 0.1% 268 0.1% 267 0.1%Some Other Race Alone 34,893 12.5% 37,941 13.3% 39,719 13.7%Two or More Races 12,526 4.5% 13,832 4.9% 14,683 5.1%
Hispanic Origin (Any Race) 114,304 41.0% 123,533 43.4% 130,841 45.3%Data Note: Income is expressed in current dollars.
Source: U.S. Census Bureau, Census 2010 Summary File 1. Esri forecasts for 2017 and 2022.
January 24, 2018
©2018 Esri Page 5 of 6
Offering Memorandum | 23
4PropertyCar Wash & Emissions PropertyPART OF A VALUE ADD PORTFOLIO OF PROPERTIES
12711 Candelaria Rd. NE | Albuquerque, NM 87112
Keith Meyer, CCIM, [email protected]
505 715 3228
Jim Wible, [email protected]
505 400 68576801 Jefferson NE | Suite 200 | Albuquerque, NM 87109
505 878 0001 gotspaceusa.com
Presented by:
Offering Memorandum | 24
12711 Candelaria Rd. NE | Albuquerque, NM 87112 Property Summary 4
Investment Overview
Location In Albuquerque, NM near the northwest corner of Tramway Blvd. & Candelaria Rd. NE
Address 12711 Candelaria Rd. NE Albuquerque, NM 87112
Building Size±3,824 SF
Land Size±0.4227 Acres
Zoning C-1(IDO Zoning: MX-L, Low Intensity)
Investment Highlights
• Four Self Service bays with 9 function cleaning systems in each bay
• Touchless In-Bay-Automatic - Jim Coleman Water Wizard 2.0
• Wash Connect integrated performance management system
• All bays and In Bay Automatic accept loyalty cards as part of property portfolio
• Five Super Vac combo with fragrance/carpet cleaner
• Seven vend island with master controller
• Emissions Bay with Worldwide auto emissions testing compliant with Bernalillo County Clean Air Program
• All Jim Coleman Hanna equipment throughout
• Twin water softeners in parallel for adequate capacity
• Highly visible to 27,600 cars per day along Tramway Blvd.
Paseo del Norte
Academy Rd.
Paseo del Norte
Northern Blvd.
Unse
r Blv
d.
Paseo del Volcan
Southern Blvd.
Rio Bravo Blvd.
Bridge Blvd.
Montgomery Blvd.
Menaul Blvd.
Lomas Blvd.
Osuna Rd.
Coor
s Bl
vd.
Corr
ales
Rd.
Coor
s Bl
vd.
Rio
Gran
de B
lvd.
.dvlB at si V ocsi rt A
2nd
St.
2nd
St.
4th
St.
Unser B
lvd.
Unse
r Blv
d.
Unse
r Blv
d.
Montaño Rd.
Alameda Blvd.
Gibson Blvd.
Tramway Blvd.
Tramw
ay Blvd.
Juan Tabo Blvd.
Eubank Blvd.
Wyom
ing Blvd.
San Mateo Blvd.
Louisiana Blvd.
Central Ave.Central Ave.
25
40
Candelaria Rd.
Tramw
ay Blvd.
Rio Rancho
Albuquerque
Bernalillo
550
528
Offering Memorandum | 25
Tramw
ay Blvd.
Candelaria Rd.
Matador Dr.
CPD 27,600
S I T E
Low Altitude Site Aerial
12711 Candelaria Rd. NE | Albuquerque, NM 87112 Location Summary 4
Offering Memorandum | 26
S I TE
Comanche Rd.
Tram
way
Blv
d.
Juan
Tab
o Bl
vd.
Candelaria Rd.
Menaul Blvd.
John Baker Elementary School
Matheson Park Elementary School
Sunset Mesa School
SouthwestSecondary Learning
Mitchell Elementary
School
Hoover Middle School
Lynnewood Park
Ross Enchanted Park
YMCA
O’Neill’s
Noah’s ArkDaycare
Global Storage
Garcia’sKitchen
12711 Candelaria Rd. NE | Albuquerque, NM 87112 Location Summary 4High Altitude Trade Aerial
Site Photography
Offering Memorandum | 27
12711 Candelaria Rd. NE | Albuquerque, NM 87112 Location Summary 4
Offering Memorandum | 28
S I TE
25
40
40
Albuquerque
1, 3 & 5 Mile Demographics
1 Mile 3 Mile 5 Mile
Demographic and Income Profile12711 Candelaria Rd NE, Albuquerque, New Mexico, 87112 Prepared by EsriRing: 1 mile radius Latitude: 35.11562
Longitude: -106.49676
Summary Census 2010 2017 2022Population 13,166 13,211 13,321Households 5,764 5,758 5,793Families 3,761 3,666 3,647Average Household Size 2.28 2.29 2.30Owner Occupied Housing Units 4,253 4,155 4,152Renter Occupied Housing Units 1,511 1,603 1,640Median Age 45.3 47.2 47.8
Trends: 2017 - 2022 Annual Rate Area State NationalPopulation 0.17% 0.32% 0.83%Households 0.12% 0.26% 0.79%Families -0.10% 0.09% 0.71%Owner HHs -0.01% 0.27% 0.72%Median Household Income 1.92% 1.80% 2.12%
2017 2022 Households by Income Number Percent Number Percent
<$15,000 533 9.3% 533 9.2%$15,000 - $24,999 417 7.2% 385 6.6%$25,000 - $34,999 432 7.5% 392 6.8%$35,000 - $49,999 765 13.3% 682 11.8%$50,000 - $74,999 1,054 18.3% 999 17.2%$75,000 - $99,999 950 16.5% 1,001 17.3%$100,000 - $149,999 877 15.2% 981 16.9%$150,000 - $199,999 445 7.7% 505 8.7%$200,000+ 285 4.9% 315 5.4%
Median Household Income $65,245 $71,764Average Household Income $84,133 $92,954Per Capita Income $36,575 $40,322
Census 2010 2017 2022 Population by Age Number Percent Number Percent Number Percent
0 - 4 650 4.9% 595 4.5% 584 4.4%5 - 9 691 5.2% 648 4.9% 628 4.7%10 - 14 762 5.8% 694 5.3% 694 5.2%15 - 19 815 6.2% 678 5.1% 654 4.9%20 - 24 689 5.2% 687 5.2% 615 4.6%25 - 34 1,373 10.4% 1,521 11.5% 1,518 11.4%35 - 44 1,550 11.8% 1,425 10.8% 1,547 11.6%45 - 54 2,133 16.2% 1,755 13.3% 1,578 11.8%55 - 64 2,050 15.6% 2,132 16.1% 2,051 15.4%65 - 74 1,451 11.0% 1,787 13.5% 1,931 14.5%75 - 84 757 5.7% 941 7.1% 1,121 8.4%
85+ 245 1.9% 348 2.6% 400 3.0%Census 2010 2017 2022
Race and Ethnicity Number Percent Number Percent Number PercentWhite Alone 11,135 84.6% 10,934 82.8% 10,851 81.5%Black Alone 355 2.7% 378 2.9% 396 3.0%American Indian Alone 313 2.4% 366 2.8% 411 3.1%Asian Alone 348 2.6% 405 3.1% 449 3.4%Pacific Islander Alone 8 0.1% 8 0.1% 8 0.1%Some Other Race Alone 509 3.9% 561 4.2% 600 4.5%Two or More Races 499 3.8% 559 4.2% 606 4.5%
Hispanic Origin (Any Race) 3,026 23.0% 3,299 25.0% 3,561 26.7%Data Note: Income is expressed in current dollars.
Source: U.S. Census Bureau, Census 2010 Summary File 1. Esri forecasts for 2017 and 2022.
January 25, 2018
©2018 Esri Page 1 of 6
Demographic and Income Profile12711 Candelaria Rd NE, Albuquerque, New Mexico, 87112 Prepared by EsriRing: 1 mile radius Latitude: 35.11562
Longitude: -106.49676
Summary Census 2010 2017 2022Population 13,166 13,211 13,321Households 5,764 5,758 5,793Families 3,761 3,666 3,647Average Household Size 2.28 2.29 2.30Owner Occupied Housing Units 4,253 4,155 4,152Renter Occupied Housing Units 1,511 1,603 1,640Median Age 45.3 47.2 47.8
Trends: 2017 - 2022 Annual Rate Area State NationalPopulation 0.17% 0.32% 0.83%Households 0.12% 0.26% 0.79%Families -0.10% 0.09% 0.71%Owner HHs -0.01% 0.27% 0.72%Median Household Income 1.92% 1.80% 2.12%
2017 2022 Households by Income Number Percent Number Percent
<$15,000 533 9.3% 533 9.2%$15,000 - $24,999 417 7.2% 385 6.6%$25,000 - $34,999 432 7.5% 392 6.8%$35,000 - $49,999 765 13.3% 682 11.8%$50,000 - $74,999 1,054 18.3% 999 17.2%$75,000 - $99,999 950 16.5% 1,001 17.3%$100,000 - $149,999 877 15.2% 981 16.9%$150,000 - $199,999 445 7.7% 505 8.7%$200,000+ 285 4.9% 315 5.4%
Median Household Income $65,245 $71,764Average Household Income $84,133 $92,954Per Capita Income $36,575 $40,322
Census 2010 2017 2022 Population by Age Number Percent Number Percent Number Percent
0 - 4 650 4.9% 595 4.5% 584 4.4%5 - 9 691 5.2% 648 4.9% 628 4.7%10 - 14 762 5.8% 694 5.3% 694 5.2%15 - 19 815 6.2% 678 5.1% 654 4.9%20 - 24 689 5.2% 687 5.2% 615 4.6%25 - 34 1,373 10.4% 1,521 11.5% 1,518 11.4%35 - 44 1,550 11.8% 1,425 10.8% 1,547 11.6%45 - 54 2,133 16.2% 1,755 13.3% 1,578 11.8%55 - 64 2,050 15.6% 2,132 16.1% 2,051 15.4%65 - 74 1,451 11.0% 1,787 13.5% 1,931 14.5%75 - 84 757 5.7% 941 7.1% 1,121 8.4%
85+ 245 1.9% 348 2.6% 400 3.0%Census 2010 2017 2022
Race and Ethnicity Number Percent Number Percent Number PercentWhite Alone 11,135 84.6% 10,934 82.8% 10,851 81.5%Black Alone 355 2.7% 378 2.9% 396 3.0%American Indian Alone 313 2.4% 366 2.8% 411 3.1%Asian Alone 348 2.6% 405 3.1% 449 3.4%Pacific Islander Alone 8 0.1% 8 0.1% 8 0.1%Some Other Race Alone 509 3.9% 561 4.2% 600 4.5%Two or More Races 499 3.8% 559 4.2% 606 4.5%
Hispanic Origin (Any Race) 3,026 23.0% 3,299 25.0% 3,561 26.7%Data Note: Income is expressed in current dollars.
Source: U.S. Census Bureau, Census 2010 Summary File 1. Esri forecasts for 2017 and 2022.
January 25, 2018
©2018 Esri Page 1 of 6
Demographic and Income Profile12711 Candelaria Rd NE, Albuquerque, New Mexico, 87112 Prepared by EsriRing: 3 mile radius Latitude: 35.11562
Longitude: -106.49676
Summary Census 2010 2017 2022Population 99,414 99,547 100,133Households 44,584 44,340 44,461Families 26,391 25,557 25,319Average Household Size 2.21 2.23 2.24Owner Occupied Housing Units 27,722 27,138 27,243Renter Occupied Housing Units 16,862 17,202 17,217Median Age 42.1 43.5 43.9
Trends: 2017 - 2022 Annual Rate Area State NationalPopulation 0.12% 0.32% 0.83%Households 0.05% 0.26% 0.79%Families -0.19% 0.09% 0.71%Owner HHs 0.08% 0.27% 0.72%Median Household Income 1.32% 1.80% 2.12%
2017 2022 Households by Income Number Percent Number Percent
<$15,000 5,146 11.6% 5,173 11.6%$15,000 - $24,999 4,805 10.8% 4,503 10.1%$25,000 - $34,999 4,455 10.0% 4,105 9.2%$35,000 - $49,999 6,194 14.0% 5,578 12.5%$50,000 - $74,999 8,181 18.5% 7,862 17.7%$75,000 - $99,999 5,359 12.1% 5,728 12.9%$100,000 - $149,999 6,119 13.8% 6,969 15.7%$150,000 - $199,999 2,254 5.1% 2,532 5.7%$200,000+ 1,828 4.1% 2,010 4.5%
Median Household Income $53,394 $57,003Average Household Income $73,639 $81,328Per Capita Income $32,899 $36,205
Census 2010 2017 2022 Population by Age Number Percent Number Percent Number Percent
0 - 4 5,259 5.3% 4,861 4.9% 4,911 4.9%5 - 9 5,451 5.5% 5,073 5.1% 4,962 5.0%10 - 14 5,674 5.7% 5,249 5.3% 5,170 5.2%15 - 19 6,006 6.0% 5,203 5.2% 4,971 5.0%20 - 24 6,494 6.5% 5,815 5.8% 5,292 5.3%25 - 34 12,699 12.8% 13,618 13.7% 13,369 13.4%35 - 44 11,536 11.6% 11,632 11.7% 12,761 12.7%45 - 54 15,320 15.4% 12,800 12.9% 11,653 11.6%55 - 64 13,744 13.8% 14,683 14.7% 14,107 14.1%65 - 74 8,887 8.9% 11,412 11.5% 12,678 12.7%75 - 84 5,761 5.8% 6,145 6.2% 7,155 7.1%
85+ 2,583 2.6% 3,055 3.1% 3,104 3.1%Census 2010 2017 2022
Race and Ethnicity Number Percent Number Percent Number PercentWhite Alone 79,405 79.9% 77,588 77.9% 76,665 76.6%Black Alone 3,102 3.1% 3,185 3.2% 3,272 3.3%American Indian Alone 3,437 3.5% 3,888 3.9% 4,267 4.3%Asian Alone 3,143 3.2% 3,604 3.6% 3,969 4.0%Pacific Islander Alone 95 0.1% 90 0.1% 90 0.1%Some Other Race Alone 6,005 6.0% 6,521 6.6% 6,878 6.9%Two or More Races 4,226 4.3% 4,671 4.7% 4,993 5.0%
Hispanic Origin (Any Race) 28,166 28.3% 30,359 30.5% 32,410 32.4%Data Note: Income is expressed in current dollars.
Source: U.S. Census Bureau, Census 2010 Summary File 1. Esri forecasts for 2017 and 2022.
January 25, 2018
©2018 Esri Page 3 of 6
Demographic and Income Profile12711 Candelaria Rd NE, Albuquerque, New Mexico, 87112 Prepared by EsriRing: 5 mile radius Latitude: 35.11562
Longitude: -106.49676
Summary Census 2010 2017 2022Population 212,556 215,757 218,641Households 92,785 93,445 94,336Families 55,451 54,395 54,265Average Household Size 2.27 2.29 2.30Owner Occupied Housing Units 56,441 55,944 56,490Renter Occupied Housing Units 36,344 37,501 37,846Median Age 40.8 41.8 42.4
Trends: 2017 - 2022 Annual Rate Area State NationalPopulation 0.27% 0.32% 0.83%Households 0.19% 0.26% 0.79%Families -0.05% 0.09% 0.71%Owner HHs 0.19% 0.27% 0.72%Median Household Income 1.33% 1.80% 2.12%
2017 2022 Households by Income Number Percent Number Percent
<$15,000 11,658 12.5% 11,787 12.5%$15,000 - $24,999 10,656 11.4% 10,079 10.7%$25,000 - $34,999 9,945 10.6% 9,208 9.8%$35,000 - $49,999 12,550 13.4% 11,412 12.1%$50,000 - $74,999 16,310 17.5% 15,786 16.7%$75,000 - $99,999 10,989 11.8% 11,844 12.6%$100,000 - $149,999 12,512 13.4% 14,338 15.2%$150,000 - $199,999 4,943 5.3% 5,571 5.9%$200,000+ 3,882 4.2% 4,312 4.6%
Median Household Income $52,032 $55,575Average Household Income $72,694 $80,329Per Capita Income $31,658 $34,832
Census 2010 2017 2022 Population by Age Number Percent Number Percent Number Percent
0 - 4 12,655 6.0% 11,904 5.5% 12,095 5.5%5 - 9 12,432 5.8% 11,944 5.5% 11,783 5.4%10 - 14 12,379 5.8% 11,998 5.6% 11,989 5.5%15 - 19 13,116 6.2% 11,642 5.4% 11,396 5.2%20 - 24 14,403 6.8% 13,257 6.1% 12,253 5.6%25 - 34 27,307 12.8% 29,698 13.8% 29,457 13.5%35 - 44 24,824 11.7% 24,992 11.6% 27,261 12.5%45 - 54 31,854 15.0% 27,300 12.7% 25,020 11.4%55 - 64 28,501 13.4% 30,757 14.3% 29,767 13.6%65 - 74 17,958 8.4% 23,535 10.9% 26,542 12.1%75 - 84 11,881 5.6% 12,593 5.8% 14,820 6.8%
85+ 5,244 2.5% 6,137 2.8% 6,259 2.9%Census 2010 2017 2022
Race and Ethnicity Number Percent Number Percent Number PercentWhite Alone 162,106 76.3% 160,049 74.2% 159,024 72.7%Black Alone 6,750 3.2% 6,961 3.2% 7,171 3.3%American Indian Alone 8,837 4.2% 9,997 4.6% 10,952 5.0%Asian Alone 7,182 3.4% 8,363 3.9% 9,289 4.2%Pacific Islander Alone 245 0.1% 228 0.1% 225 0.1%Some Other Race Alone 18,302 8.6% 20,011 9.3% 21,118 9.7%Two or More Races 9,134 4.3% 10,147 4.7% 10,861 5.0%
Hispanic Origin (Any Race) 69,010 32.5% 74,798 34.7% 79,817 36.5%Data Note: Income is expressed in current dollars.
Source: U.S. Census Bureau, Census 2010 Summary File 1. Esri forecasts for 2017 and 2022.
January 25, 2018
©2018 Esri Page 5 of 6
12711 Candelaria Rd. NE | Albuquerque, NM 87112 Location Summary 4
Offering Memorandum | 29
5PropertyExpress Tunnel Car WashPART OF A VALUE ADD PORTFOLIO OF PROPERTIES
9935 Lomas Blvd. NE | Albuquerque, NM 87112
Keith Meyer, CCIM, [email protected]
505 715 3228
Jim Wible, [email protected]
505 400 68576801 Jefferson NE | Suite 200 | Albuquerque, NM 87109
505 878 0001 gotspaceusa.com
Presented by:
Offering Memorandum | 30
9935 Lomas Blvd. NE | Albuquerque, NM 87112 Property Summary 5
Investment Overview
Location In Albuquerque, NM near the northwest corner of Lomas Blvd. & Eubank Blvd. NE
Address 9935 Lomas Blvd. NE Albuquerque, NM 87112
Building Size±4,400 SF
Land Size±1.2274 Acres
Zoning C-1(IDO Zoning: MX-L, Low Intensity)
Investment Highlights
• Nine station tunnel conveyor
• All Jim Coleman Hanna equipment
• Wash Connect integrated performance management system
• Accepts loyalty cards as part of property portfolio
• Twenty-Three vacuum stations configured as free vacuums
• Six vend island with master controller
• Water reclaim system
• Great location along Lomas Blvd. with 23,700 cars passing per day
Paseo del Norte
Academy Rd.
Paseo del Norte
Northern Blvd.
Unse
r Blv
d.
Paseo del Volcan
Southern Blvd.
Rio Bravo Blvd.
Bridge Blvd.
Montgomery Blvd.
Menaul Blvd.
Lomas Blvd.
Osuna Rd.
Coor
s Bl
vd.
Corr
ales
Rd.
Coor
s Bl
vd.
Rio
Gran
de B
lvd.
.dvlB at si V ocsi rt A
2nd
St.
2nd
St.
4th
St.
Unser B
lvd.
Unse
r Blv
d.
Unse
r Blv
d.
Montaño Rd.
Alameda Blvd.
Gibson Blvd.
Tramway Blvd.
Tramw
ay Blvd.
Juan Tabo Blvd.
Eubank Blvd.
Wyom
ing Blvd.
San Mateo Blvd.
Louisiana Blvd.
Central Ave.Central Ave.
25
40Lomas Blvd.
Eubank Blvd.
Rio Rancho
Albuquerque
Bernalillo
550
528
Offering Memorandum | 31
Lomas Blvd.
Eubank Blvd.
Los Altos Park
SI T
E
CPD 35,900
CPD 23,700
CPD 38,000
9935 Lomas Blvd. NE | Albuquerque, NM 87112 Location Summary 5Low Altitude Site Aerial
Offering Memorandum | 32
40
40S I T E
Lomas Blvd.
Eubank Blvd.
Wyom
ing Blvd.
Lomas Blvd.
Los AltosGolf Course
Los AltosSkate Park Los Altos
Park
Grant Middle School
Kennedy Middle School
Tomasita Elementary School
Hawthorne Elementary School
Hayes Middle School
US National Guard
US Marine CorpsReserve
Copper PointeChurch
City of ABQAnimal Shelter
9935 Lomas Blvd. NE | Albuquerque, NM 87112 Location Summary 5High Altitude Trade Aerial
Site Photography
Offering Memorandum | 33
9935 Lomas Blvd. NE | Albuquerque, NM 87112 Location Summary 5
Offering Memorandum | 34
S I TE
25
40
Albuquerque
1, 3 & 5 Mile Demographics
1 Mile 3 Mile 5 Mile
Demographic and Income Profile9935 Lomas Blvd NE, Albuquerque, New Mexico, 87112 Prepared by EsriRing: 1 mile radius Latitude: 35.08739
Longitude: -106.53482
Summary Census 2010 2017 2022Population 14,235 14,619 14,798Households 5,736 5,870 5,926Families 3,682 3,657 3,646Average Household Size 2.47 2.48 2.49Owner Occupied Housing Units 4,113 4,153 4,209Renter Occupied Housing Units 1,623 1,718 1,717Median Age 36.7 38.1 38.9
Trends: 2017 - 2022 Annual Rate Area State NationalPopulation 0.24% 0.32% 0.83%Households 0.19% 0.26% 0.79%Families -0.06% 0.09% 0.71%Owner HHs 0.27% 0.27% 0.72%Median Household Income 1.43% 1.80% 2.12%
2017 2022 Households by Income Number Percent Number Percent
<$15,000 716 12.2% 737 12.4%$15,000 - $24,999 766 13.0% 726 12.3%$25,000 - $34,999 717 12.2% 663 11.2%$35,000 - $49,999 1,000 17.0% 914 15.4%$50,000 - $74,999 1,242 21.2% 1,192 20.1%$75,000 - $99,999 650 11.1% 720 12.1%$100,000 - $149,999 596 10.2% 735 12.4%$150,000 - $199,999 136 2.3% 174 2.9%$200,000+ 49 0.8% 64 1.1%
Median Household Income $45,002 $48,311Average Household Income $55,813 $62,435Per Capita Income $22,185 $24,723
Census 2010 2017 2022 Population by Age Number Percent Number Percent Number Percent
0 - 4 908 6.4% 874 6.0% 892 6.0%5 - 9 944 6.6% 854 5.8% 852 5.8%10 - 14 947 6.7% 884 6.0% 869 5.9%15 - 19 942 6.6% 865 5.9% 843 5.7%20 - 24 1,004 7.1% 947 6.5% 859 5.8%25 - 34 2,083 14.6% 2,259 15.5% 2,257 15.3%35 - 44 1,730 12.2% 1,854 12.7% 2,016 13.6%45 - 54 2,103 14.8% 1,854 12.7% 1,728 11.7%55 - 64 1,545 10.9% 1,879 12.9% 1,898 12.8%65 - 74 1,005 7.1% 1,271 8.7% 1,471 9.9%75 - 84 784 5.5% 758 5.2% 792 5.4%
85+ 239 1.7% 320 2.2% 319 2.2%Census 2010 2017 2022
Race and Ethnicity Number Percent Number Percent Number PercentWhite Alone 10,200 71.7% 10,184 69.7% 10,118 68.4%Black Alone 521 3.7% 535 3.7% 547 3.7%American Indian Alone 632 4.4% 733 5.0% 804 5.4%Asian Alone 349 2.5% 407 2.8% 444 3.0%Pacific Islander Alone 18 0.1% 14 0.1% 14 0.1%Some Other Race Alone 1,708 12.0% 1,854 12.7% 1,931 13.0%Two or More Races 807 5.7% 892 6.1% 941 6.4%
Hispanic Origin (Any Race) 6,492 45.6% 7,003 47.9% 7,385 49.9%Data Note: Income is expressed in current dollars.
Source: U.S. Census Bureau, Census 2010 Summary File 1. Esri forecasts for 2017 and 2022.
January 25, 2018
©2018 Esri Page 1 of 6
Demographic and Income Profile9935 Lomas Blvd NE, Albuquerque, New Mexico, 87112 Prepared by EsriRing: 1 mile radius Latitude: 35.08739
Longitude: -106.53482
Summary Census 2010 2017 2022Population 14,235 14,619 14,798Households 5,736 5,870 5,926Families 3,682 3,657 3,646Average Household Size 2.47 2.48 2.49Owner Occupied Housing Units 4,113 4,153 4,209Renter Occupied Housing Units 1,623 1,718 1,717Median Age 36.7 38.1 38.9
Trends: 2017 - 2022 Annual Rate Area State NationalPopulation 0.24% 0.32% 0.83%Households 0.19% 0.26% 0.79%Families -0.06% 0.09% 0.71%Owner HHs 0.27% 0.27% 0.72%Median Household Income 1.43% 1.80% 2.12%
2017 2022 Households by Income Number Percent Number Percent
<$15,000 716 12.2% 737 12.4%$15,000 - $24,999 766 13.0% 726 12.3%$25,000 - $34,999 717 12.2% 663 11.2%$35,000 - $49,999 1,000 17.0% 914 15.4%$50,000 - $74,999 1,242 21.2% 1,192 20.1%$75,000 - $99,999 650 11.1% 720 12.1%$100,000 - $149,999 596 10.2% 735 12.4%$150,000 - $199,999 136 2.3% 174 2.9%$200,000+ 49 0.8% 64 1.1%
Median Household Income $45,002 $48,311Average Household Income $55,813 $62,435Per Capita Income $22,185 $24,723
Census 2010 2017 2022 Population by Age Number Percent Number Percent Number Percent
0 - 4 908 6.4% 874 6.0% 892 6.0%5 - 9 944 6.6% 854 5.8% 852 5.8%10 - 14 947 6.7% 884 6.0% 869 5.9%15 - 19 942 6.6% 865 5.9% 843 5.7%20 - 24 1,004 7.1% 947 6.5% 859 5.8%25 - 34 2,083 14.6% 2,259 15.5% 2,257 15.3%35 - 44 1,730 12.2% 1,854 12.7% 2,016 13.6%45 - 54 2,103 14.8% 1,854 12.7% 1,728 11.7%55 - 64 1,545 10.9% 1,879 12.9% 1,898 12.8%65 - 74 1,005 7.1% 1,271 8.7% 1,471 9.9%75 - 84 784 5.5% 758 5.2% 792 5.4%
85+ 239 1.7% 320 2.2% 319 2.2%Census 2010 2017 2022
Race and Ethnicity Number Percent Number Percent Number PercentWhite Alone 10,200 71.7% 10,184 69.7% 10,118 68.4%Black Alone 521 3.7% 535 3.7% 547 3.7%American Indian Alone 632 4.4% 733 5.0% 804 5.4%Asian Alone 349 2.5% 407 2.8% 444 3.0%Pacific Islander Alone 18 0.1% 14 0.1% 14 0.1%Some Other Race Alone 1,708 12.0% 1,854 12.7% 1,931 13.0%Two or More Races 807 5.7% 892 6.1% 941 6.4%
Hispanic Origin (Any Race) 6,492 45.6% 7,003 47.9% 7,385 49.9%Data Note: Income is expressed in current dollars.
Source: U.S. Census Bureau, Census 2010 Summary File 1. Esri forecasts for 2017 and 2022.
January 25, 2018
©2018 Esri Page 1 of 6
Demographic and Income Profile9935 Lomas Blvd NE, Albuquerque, New Mexico, 87112 Prepared by EsriRing: 3 mile radius Latitude: 35.08739
Longitude: -106.53482
Summary Census 2010 2017 2022Population 140,405 142,358 144,194Households 59,678 59,983 60,534Families 34,599 33,830 33,722Average Household Size 2.33 2.35 2.36Owner Occupied Housing Units 32,657 32,148 32,397Renter Occupied Housing Units 27,021 27,835 28,137Median Age 36.9 37.9 38.5
Trends: 2017 - 2022 Annual Rate Area State NationalPopulation 0.26% 0.32% 0.83%Households 0.18% 0.26% 0.79%Families -0.06% 0.09% 0.71%Owner HHs 0.15% 0.27% 0.72%Median Household Income 1.35% 1.80% 2.12%
2017 2022 Households by Income Number Percent Number Percent
<$15,000 9,986 16.6% 10,087 16.7%$15,000 - $24,999 7,990 13.3% 7,617 12.6%$25,000 - $34,999 7,466 12.4% 6,941 11.5%$35,000 - $49,999 8,858 14.8% 8,109 13.4%$50,000 - $74,999 10,597 17.7% 10,325 17.1%$75,000 - $99,999 6,237 10.4% 6,822 11.3%$100,000 - $149,999 5,914 9.9% 7,093 11.7%$150,000 - $199,999 1,808 3.0% 2,192 3.6%$200,000+ 1,126 1.9% 1,347 2.2%
Median Household Income $41,485 $44,371Average Household Income $56,863 $63,540Per Capita Income $24,227 $26,947
Census 2010 2017 2022 Population by Age Number Percent Number Percent Number Percent
0 - 4 9,831 7.0% 9,247 6.5% 9,389 6.5%5 - 9 8,913 6.3% 8,691 6.1% 8,623 6.0%10 - 14 8,286 5.9% 8,234 5.8% 8,347 5.8%15 - 19 8,914 6.3% 7,883 5.5% 7,894 5.5%20 - 24 10,857 7.7% 9,988 7.0% 9,298 6.4%25 - 34 20,243 14.4% 21,805 15.3% 21,548 14.9%35 - 44 17,130 12.2% 17,321 12.2% 18,831 13.1%45 - 54 19,870 14.2% 17,274 12.1% 15,994 11.1%55 - 64 16,416 11.7% 18,202 12.8% 17,882 12.4%65 - 74 9,911 7.1% 13,119 9.2% 14,918 10.3%75 - 84 6,963 5.0% 7,024 4.9% 8,036 5.6%
85+ 3,070 2.2% 3,569 2.5% 3,433 2.4%Census 2010 2017 2022
Race and Ethnicity Number Percent Number Percent Number PercentWhite Alone 99,589 70.9% 97,907 68.8% 97,085 67.3%Black Alone 5,688 4.1% 5,803 4.1% 5,934 4.1%American Indian Alone 7,201 5.1% 8,073 5.7% 8,791 6.1%Asian Alone 4,737 3.4% 5,391 3.8% 5,912 4.1%Pacific Islander Alone 193 0.1% 179 0.1% 176 0.1%Some Other Race Alone 16,124 11.5% 17,473 12.3% 18,316 12.7%Two or More Races 6,873 4.9% 7,533 5.3% 7,980 5.5%
Hispanic Origin (Any Race) 55,813 39.8% 59,905 42.1% 63,386 44.0%Data Note: Income is expressed in current dollars.
Source: U.S. Census Bureau, Census 2010 Summary File 1. Esri forecasts for 2017 and 2022.
January 25, 2018
©2018 Esri Page 3 of 6
Demographic and Income Profile9935 Lomas Blvd NE, Albuquerque, New Mexico, 87112 Prepared by EsriRing: 5 mile radius Latitude: 35.08739
Longitude: -106.53482
Summary Census 2010 2017 2022Population 265,068 269,723 273,416Households 117,576 118,655 119,838Families 64,521 63,240 63,031Average Household Size 2.21 2.23 2.24Owner Occupied Housing Units 62,334 61,716 62,291Renter Occupied Housing Units 55,242 56,939 57,548Median Age 37.7 38.7 39.2
Trends: 2017 - 2022 Annual Rate Area State NationalPopulation 0.27% 0.32% 0.83%Households 0.20% 0.26% 0.79%Families -0.07% 0.09% 0.71%Owner HHs 0.19% 0.27% 0.72%Median Household Income 1.75% 1.80% 2.12%
2017 2022 Households by Income Number Percent Number Percent
<$15,000 18,310 15.4% 18,389 15.3%$15,000 - $24,999 15,336 12.9% 14,497 12.1%$25,000 - $34,999 13,812 11.6% 12,816 10.7%$35,000 - $49,999 16,672 14.1% 15,206 12.7%$50,000 - $74,999 20,295 17.1% 19,768 16.5%$75,000 - $99,999 12,711 10.7% 13,827 11.5%$100,000 - $149,999 12,990 10.9% 15,299 12.8%$150,000 - $199,999 4,789 4.0% 5,657 4.7%$200,000+ 3,737 3.1% 4,377 3.7%
Median Household Income $44,663 $48,722Average Household Income $63,812 $71,466Per Capita Income $28,384 $31,630
Census 2010 2017 2022 Population by Age Number Percent Number Percent Number Percent
0 - 4 16,519 6.2% 15,621 5.8% 15,960 5.8%5 - 9 15,228 5.7% 15,006 5.6% 14,895 5.4%10 - 14 14,284 5.4% 14,266 5.3% 14,476 5.3%15 - 19 17,096 6.4% 15,429 5.7% 15,272 5.6%20 - 24 22,602 8.5% 19,796 7.3% 18,616 6.8%25 - 34 38,513 14.5% 42,275 15.7% 41,803 15.3%35 - 44 31,216 11.8% 31,919 11.8% 35,060 12.8%45 - 54 37,210 14.0% 32,398 12.0% 30,103 11.0%55 - 64 32,872 12.4% 35,398 13.1% 34,170 12.5%65 - 74 19,669 7.4% 26,244 9.7% 29,613 10.8%75 - 84 13,442 5.1% 14,047 5.2% 16,254 5.9%
85+ 6,419 2.4% 7,325 2.7% 7,192 2.6%Census 2010 2017 2022
Race and Ethnicity Number Percent Number Percent Number PercentWhite Alone 193,355 72.9% 190,969 70.8% 189,601 69.3%Black Alone 9,582 3.6% 9,855 3.7% 10,111 3.7%American Indian Alone 13,560 5.1% 15,278 5.7% 16,669 6.1%Asian Alone 8,247 3.1% 9,590 3.6% 10,612 3.9%Pacific Islander Alone 330 0.1% 313 0.1% 309 0.1%Some Other Race Alone 27,649 10.4% 30,047 11.1% 31,545 11.5%Two or More Races 12,345 4.7% 13,671 5.1% 14,569 5.3%
Hispanic Origin (Any Race) 94,151 35.5% 101,727 37.7% 108,083 39.5%Data Note: Income is expressed in current dollars.
Source: U.S. Census Bureau, Census 2010 Summary File 1. Esri forecasts for 2017 and 2022.
January 25, 2018
©2018 Esri Page 5 of 6
9935 Lomas Blvd. NE | Albuquerque, NM 87112 Location Summary 5