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Executive Summary

Top-Performing Location: Ranked the #1 location in New Mexico and in the 99th percentile nationwide according to Placer.ai, this store generates nearly 2x the brand’s national average unit volume while maintaining a rent-to-sales ratio below 5%.
Proven Franchise Strength: A legacy Taco Bell operator and one of the brand’s first 100 franchisees, with nearly five decades of operating experience dating back to its first Farmington, New Mexico location in 1997.
Long-Term Site Commitment: the tenant has successfully operated at this location for over 35 years and recently executed a new 20-year lease extension, demonstrating long-term commitment to the site and market.
Recent Capital Investment: Tenant completed a substantial remodel in 2025 at its own expense, including a new roof and other property improvements.
High-Traffic Corridor: Situated on East Main Street (US-550), the property benefits from approximately 31,200 vehicles per day (VPD). It sits in the highest-density retail corridor in the city, surrounded by nation anchors like Target, Walmart Supercenter, and Home Depot.
Regional Hub: Farmington, NM functions as a primary commercial and service center for the broader Four Corners region, Drawing demand from adjacent markets in Colorado, Utah, and Arizona.

Property Facts

Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Restaurant
Building Size
3,500 SF
Building Class
B
Year Built/Renovated
1998/2025
Price
$4,984,174 CAD
Price Per SF
$1,424.05 CAD
Cap Rate
5.25%
NOI
$261,669 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.13
Lot Size
0.63 AC
Zoning
GC - General Commercial
Frontage
117’ on East Main Street
Fairly walkable
50/100
Exceptionally drivable
100/100
Limited public transit
30/100
Somewhat bikeable
30/100

Nearby Major Retailers

First Convenience Bank
Applebee's
Freddy's Frozen Custard & Steakburgers
Chili's Grill & Bar
Outback Steakhouse
Five Guys
Olive Garden
Anytime Fitness
Starbucks
Albertsons

Property Taxes

Property Taxes

Parcel Number
0020315
Land Assessment
$0 CAD
Improvements Assessment
$0 CAD
Total Assessment
$431,444 CAD
  • Listing ID: 40880554

  • Date on Market: 2026-06-11

  • Last Updated:

  • Address: 4601 E Main St, Farmington, NM 87402

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