Rio Rancho Retail for Sale

Located at 1630 Rio Rancho Blvd SE in Rio Rancho, this fully leased retail strip center presents a rare opportunity to acquire a stabilized, inflation-protected investment in one of the state’s fastest-growing submarkets. The property offers 11,973 square feet of rentable space on a high-profile 1.03-acre pad site within Hilltop Plaza, a vibrant retail hub anchored by Defined Fitness, NAPA Auto Parts, and Big O Tires. Positioned at a signalized intersection along Rio Rancho Boulevard, the center benefits from exceptional visibility and traffic counts approaching 45,000 vehicles per day. It is also adjacent to Intel’s 200+ acre campus, a major regional employer that continues to drive economic growth in the area. The tenant mix includes Lovelace Health System, Gonzales Jiu-Jitsu, and Boba Catch, providing a diverse and recession-resistant income stream. All leases are structured as NNN, with scheduled annual rent increases ranging from 2% to 3%, ensuring predictable year-over-year income growth and minimal landlord responsibilities. The surrounding demographics are highly favorable, with more than 149,000 residents within a 5-mile radius, and an average household income exceeding $115,000. The area boasts strong retail synergy with nearby national brands, including Walmart Supercenter, Smith’s Grocery, Target, Starbucks, Chick-fil-A, Dutch Bros, and many others, which contribute to steady traffic and consumer draw. Rio Rancho is part of the Albuquerque Metropolitan Area and is recognized as New Mexico’s fastest-growing city, offering a strong economy, affordable housing, and a high quality of life. This combination of strategic location, tenant diversity, and favorable market fundamentals makes this property an ideal choice for investors seeking durable cash flow, inflation protection, and long-term stability in a thriving community.

Property Subtype:

Storefront

Date on Market:

2025-11-12

Clovis Retail for Sale

Faris Lee Investments is pleased to present the opportunity to acquire a new, dual drive-thru 7 Brew Coffee property located in New Mexico. The subject property celebrated its Grand Opening in May 2025 and is strategically positioned as an outparcel to the 300,000 square foot North Plains Mall (the only enclosed regional mall within a 95-mile radius) along the primary commercial artery in Clovis NM. The offering is secured by a 15-year Absolute NNN ground lease, featuring one of the lowest base rents on record for the brand, and 10% rental increases (every five years) providing an investor with both a strong hedge against inflation and increasing cash flow throughout the lease term. With zero landlord responsibilities, this property presents an exceptional opportunity for a passive investor seeking a best-in-class QSR property in the Southwestern U.S. The subject property is positioned with frontage and access to Prince Street (24,000+ VPD), the primary retail artery in Clovis NM. Additional national QSR tenants with locations on the Prince Street corridor include Wendy’s, Taco Bell, Burger King, HTeaO, McDonald’s, and more. The site also features as an outparcel to North Plains Mall, which generates 1.9 million annual visits (Placer.ai) in the last 12 months. In addition to retail synergies, the tenant hand-picked this location for strategic proximity to Clovis High School, five (5) additional primary schools, and Cannon AFB. The local economy is driven by Cannon Air Force Base which employs more than 4,800 personnel and generates over $300 million in annual economic impact. This offering represents a fantastic opportunity to acquire a new, low-rent, well-located, drive-thru 7 Brew Coffee investment property in New Mexico. In Cooperation With Brian Brockman Bang Realty-New Mexico Inc bor@bangrealty.com (513) 898-1551 License No. 20241

Property Subtype:

Restaurant

Date on Market:

2025-10-01

Albuquerque Portfolio of properties for Sale - Southeast Heights

New Mexico Broker of Record: Pegasus Group LLC / License No.: REC-2023-0376 Faris Lee Investments is pleased to offer the rare value-add opportunity to acquire Four Hills Village, a grocery-anchored retail center located in the eastern trade area of Albuquerque, New Mexico. Anchored by nationally recognized tenants Sprouts Farmers Market and Michaels, the property offers investors a secure and dependable income stream from high-performing, credit-rated retailers. Sprouts (NASDAQ: SFM) continues to show exceptional strength with 2025 revenue exceeding $8.8 billion, while Michaels, backed by Apollo Global Management, remains a dominant category leader with over 1,300 stores. The offering features an attractive in-place initial yield of 7.00%, with significant upside potential through the leasing of 32,395 square feet of available shop space. This vacancyis ideally suited for value-oriented retailers, fitness centers, or medical uses, allowing an investor to realize an extremely strong 10-year CAGR of 5.36% and an unlevered IRR of 12.35% upon stabilization. Furthermore, with a purchase price reflecting a cost basis of only $167/SF, the investment is positioned well below replacement cost. This low-cost basis ensures a successful repositioning of the asset and allows for below-market rents to drive aggressive leasing momentum. Four Hills Village serves as a critical regional hub, being one of only two neighborhood centers serving the eastern Albuquerque trade area and surrounding communities. The center’s diverse merchandising mix, including grocery, arts and crafts, cinema, and health services, ensures consistent daily foot traffic that remains resilient against e-commerce trends and economic cycles. Strategically located at the intersection of Central Avenue and Tramway Boulevard (±50,000 VPD), the property enjoys unparalleled freeway accessibility to Interstate 40. This prime location allows the center to capture a massive 20–30-mile trade area with over 625,000 population serving as the primary grocery destination for the towns of Tijeras, Cedar Crest, Edgewood, Moriarty, Sedillo, Albuquerque, and Estancia.

Date on Market:

2026-04-16

Artesia Retail for Sale

Faris Lee Investments is pleased to present the opportunity to acquire a brand new, dual drive-thru 7 Brew Coffee property located in New Mexico. The subject property opened in December 2025 and is strategically positioned on Main Street (US-82), the primary commercial artery in Artesia NM and one of two major US highways intersecting at the heart of the city. The offering is secured by a brand-new 15-year Absolute NNN ground lease featuring 10% rental increases every five years, providing an investor with both a strong hedge against inflation and increasing cash flow every five years during the lease term. With zero landlord responsibilities, this asset is ideally suited for a passive or out-of-state investor seeking a management-free QSR investment property in a high-income, energy-driven market.

Property Subtype:

Fast Food

Date on Market:

2026-03-25

Albuquerque Retail for Sale - Northeast Heights

NEW MEXICO BROKER OF RECORD ... ANTHONY JOHNSON ... Pegasus Group LLC ... License No. REC-2023-0376 Faris Lee Investments is pleased to present an exceptional opportunity to acquire a recently constructed freestanding, three-tenant NNN-leased retail building featuring a high-volume drive-thru in Albuquerque, New Mexico. The 5,376 SF property is 100% leased to a premier mix of nationally recognized brands, including El Pollo Loco (505+ locations), Jamba Juice (850+ locations), and Xfinity / Comcast (630+ locations). This investment offers a diversified income stream from established credit tenants under new, long-term triple-net leases. Designed for passive management and ease of ownership, the leases feature 10% rental escalations every five years, providing the investor with predictable, compounding cash flow and a strong hedge against inflation. The subject property is strategically located at the high-visibility, signalized hard-corner of Juan Tabo Blvd and Lomas Blvd, two major retail thoroughfares with over 51,000 vehicles per day. This 2025 newly constructed building includes a modern drive-thru design and updated HVAC, roof, and parking lot, minimizing near-term capital expenditure risk. Located in a prominent retail corridor, the asset is positioned directly across from a robust grocery draw in Albertsons, Chuze Fitness, Taco Bell, Burger King, and Circle K. The subject property is also adjacent to a top-tier McDonald’s location, capitalizing on a strong and established consumer draw. This prime positioning within a dominant commercial hub ensures high intrinsic real estate value and consistent consumer draws from surrounding national retailers. Benefiting from a robust demographic profile, the asset serves a dense population of over 117,000 residents and a massive daytime employment base of 100,000 workers within a 3-mile radius. The trade area is further bolstered by its proximity to Manzano High School, which brings over 1,400 students to the immediate vicinity on a daily basis. With average household incomes exceeding $88,000 within a 1-mile radius, the property is perfectly positioned to capture high-disposable income spending. This fee simple investment also offers significant tax advantages through cost segregation and accelerated depreciation, providing a secure, stable, and high-yielding asset in a high-growth location.

Property Subtype:

Fast Food

Date on Market:

2026-03-05

Eunice Industrial for Sale

Well-maintained ±7,896 SF industrial facility situated on a ±2.23-acre site on the west end of Avenue O (NM 176), making it an ideal location for trucking and oilfield operations. The property offers a functional mix of office and warehouse/shop space and is well suited for owner-users, service companies, logistics, fabrication, and oilfield support businesses. The office area features a large lobby, six private offices, common area, and a full kitchen, providing an efficient administrative layout. The attached warehouse/shop consists of approximately 5,050 SF and includes two 14’ overhead doors for convenient loading and equipment access. The yard space allows for truck maneuvering, outdoor storage, and future expansion, with site characteristics accommodating larger commercial vehicles. The property’s location on the west end of Avenue O (NM 176) provides direct access for regional travel and supports industrial operations. Property is also offered for lease $6,500/mo NNN **Build dates are estimates.

Property Subtype:

Warehouse

Date on Market:

2026-01-12

Santa Fe Land for Sale - Southwest Santa Fe

Presenting a prime development opportunity along Airport Rd in Santa Fe, NM, at a signalized intersection. These strategically positioned parcels offer unparalleled visibility at this key junction, making it an ideal location for retail or office development. Conveniently accessible from Airport Rd, this site promises ease of access for customers, as well as providing an opportunity for drive-thru service. Situated across from a prominent Walgreens and in front of a new class A multifamily development, it benefits from a robust surrounding infrastructure and a burgeoning community. With exposure to nearly 30,000 vehicles per day at the intersection, this property offers exceptional visibility and access to a steady flow of potential customers. Don't miss your chance to become part of Santa Fe's thriving high-growth community. Contact us today for further details on this opportunity.

Property Subtype:

Commercial

Date on Market:

2025-11-24

Albuquerque Retail for Sale - Northeast Heights

Positioned in the heart of Albuquerque’s Northeast Heights submarket, 4801–4805 Menaul Blvd NE presents a compelling opportunity for owner-users, investors, or developers seeking a high-visibility location with versatile zoning. This 0.48-acre corner site features a 7,934 SF retail/office building divided into four separately metered units, offering operational flexibility and income potential. The property spans two parcels, including additional addresses at 2608–2612 Monroe, enhancing its suitability for parcel assembly or future expansion. Strategically located along Menaul Boulevard, one of Albuquerque’s most active east-west commercial corridors, the site benefits from consistent traffic flow and excellent regional connectivity via I-25, San Mateo Blvd, and Carlisle Blvd. The surrounding area is a vibrant mix of national retailers, restaurants, and service businesses, supported by a strong daytime population of 145,679 and a residential base of over 116,000 within a three-mile radius. Average household income in the area exceeds $82,000, reinforcing the location’s retail viability. With MX-M zoning, the property is a prime candidate for a drive-through concept, adaptive reuse, or redevelopment. Whether retained for immediate occupancy or repositioned for long-term value creation, this asset offers a rare blend of location strength, zoning flexibility, and demographic support in one of Albuquerque’s most established trade areas.

Property Subtype:

Storefront

Date on Market:

2025-11-03

Las Cruces Retail for Sale

Dutch Bros is a high growth operator and franchisor of drive-thru shops that focus on serving high quality, handcrafted beverages with unparalleled speed and superior service. Dutch Bros Coffee is one of the largest publicly-traded drive-thru coffee companies with approximately 1,135 stores open across 25 states. Las Cruces is the second-most populous city in New Mexico and serves as the county seat of Doña Ana County. The city is home to an estimated 111,385 residents. Las Cruces is a thriving city surrounded by picturesque desert and conveniently located less than an hour from El Paso International Airport.

Property Subtype:

Fast Food

Date on Market:

2025-10-27

Albuquerque Retail for Sale - Southeast Heights

• Freddy’s has operated at this location for 11 years and has 4+ years remaining on their lease with 3 (5-year) options to extend • The lease features 10% rental increases every 5 years and at the beginning of each options • The tenant, ERC New Mexico, LLC operates 10 Freddy’s locations in New Mexico and El Paso County, TX • Operated by the larger entity, ERC Management, which operates a total of 34 locations in Colorado, Alabama, Texas, and New Mexico with plans to open more stores in New Mexico and El Paso County, TX

Property Subtype:

Fast Food

Date on Market:

2025-09-15

Farmington Retail for Sale

This newly constructed Starbucks drive-thru at 505 20th Street presents a rare infill investment opportunity in the heart of Farmington, New Mexico. Backed by a 10-year corporate-guaranteed net lease, the asset offers passive income with minimal landlord responsibilities. The property sits on a 0.68-acre parcel and features a ±1,294 SF freestanding building designed for pick-up and drive-thru service, aligning with Starbucks’ evolving customer convenience model. Strategically located across from Farmington High School and adjacent to Smith’s Grocery and Wells Fargo, the site benefits from strong co-tenancy and high visibility. The surrounding trade area is anchored by top-performing retailers including Walgreens and Dollar General, each ranking #1 in local foot traffic according to Placer.ai. Traffic counts exceed 14,000 VPD on nearby corridors, reinforcing the site’s accessibility and exposure. Demographics within a 5-mile radius show a household income of $93,741 and a population of over 18,000, with a balanced mix of millennials, Gen X, and baby boomers. The property is surrounded by schools, parks, and community amenities, making it a central node in Farmington’s retail landscape. With a 6.15% cap rate and a stable corporate tenant, this offering is ideal for investors seeking long-term, low-maintenance income in a growing regional market.

Property Subtype:

Fast Food

Date on Market:

2025-04-30

Albuquerque Retail for Sale - South Valley

Single Tenant Net leased restaurant available for sale. Contact broker for details.

Property Subtype:

Fast Food

Date on Market:

2025-03-03

Albuquerque Retail for Sale - Southeast Heights

Owner will consider a build to suit, subdivide building for multiple new tenants, lease building "as-is" with negotiated tenant finish allowance, sell the property or redevelopment of the parcel. Absolute Triple-Net (NNN) income from Walgreens Corp. until March 31 ,2031. 226,000 residents in growing 5-mile trade area. Less then 1-mile off the I-40 freeway (60,306 cars per day). Adjacent to Starbucks, Church's, Chili's, Taco Cabana, Jack-in-the-Box, Burger King, O'Reilly Auto Parts, Dutch Bros. Coffee, Freddy's Frozen Custard. Within one block of well known big box retailers - Costco and Home Depot. Within close proximity of other big box retailers such as Target, Sam's Club, Walmart Supercenter, Pet Smart, Sandia Toyota, Office Max Petco, Best Buy. Over 500 businesses in a 1-mile radius. Over 60,483 daytime employees within a 3-mile surrounding area. Walking distance from the National Museum of Nuclear Science & History. In close proximity to Sandia Science & Technology Park and Kirtland Air Force Base. 15 minutes east of downtown Albuquerque and 10 minutes from the Albuquerque International Sunport - the largest commercial airport in the vicinity with over 5.3 million passengers each year.

Property Subtype:

Drug Store

Date on Market:

2025-01-31

Artesia Industrial for Sale

Prime Industrial Property with Rail Access & Heavy Power This exceptional industrial property offers unparalleled access and infrastructure for a variety of uses. Located adjacent the BNSF rail line, the property includes ± 39,350 square feet of space across 7 buildings, with two fully-equipped mechanic shops featuring compressed air lines, heavy power, and 10-ton cranes. Situated on 10.13 deeded acres of stabilized, fenced yard, the site also includes an additional 4.79 acres of leased ground, offering expanded flexibility for operations. Key Property Features **Rail Access**: Direct access to the BNSF rail line, ideal for transportation and logistics operations. **Buildings**: 7 buildings, including two mechanic shops with specialized equipment. 5,800 SF Mechanics Shop Built in 2018 **Heavy Power**: Equipped with heavy power capacity to support industrial needs. - **Cranes**: 10-ton cranes in place for heavy lifting. - **Stabilized Yard**: 10.13 acres of fenced, stabilized yard space for storage, staging, or additional operations. - **Ground Lease**: An additional 4.79 acres of leased land adjacent to the property. - **Convenient Location**: Direct access to Hwy 285 and Mill Rd (truck bypass) for ease of transportation. This site is ideal for manufacturing, logistics, heavy equipment, and other industrial applications requiring robust infrastructure and rail connectivity. Don’t miss the opportunity to acquire a property with significant operational advantages in a prime location. Contact us today for more information or to schedule a tour!

Property Subtype:

Truck Terminal

Date on Market:

2025-01-30

Albuquerque Retail for Sale - Airport

The Snyder Carlton National Net Lease Team is pleased to offer to investors an opportunity to acquire the single tenant absolute NNN leased Del Taco in Albuquerque, NM. Del Taco was purchased by Jack in the Box Inc. (NASDAQ: JACK) in 2022 and operates over 590 locations across 15 states. The absolute triple net lease has over 13.4 years remaining in the primary term with two 5-year option periods, zero landlord responsibilities and 5% rental increases every 5 years making this asset ideal for an investor seeking passive cash flows for years to come. The newly constructed 1,152 SF building on 0.55-acre parcel is strategically positioned along the rapidly expanding Gibson Blvd retail corridor which sees over 38,600 VPD. Nearby retailers include Chick-fil-A, Raising Cane’s, Starbucks, Dutch Bros Coffee, Chili’s, Buffalo Wild Wings and more. Additionally, the subject property is within close proximity to the Albuquerque International Airport and the University of New Mexico Campus. Albuquerque International Sunport (ABQ), which sees over 5 million passengers annually and 418 flights daily, is only one mile away while the University of New Mexico with enrollment exceeding 21,900 is within half a mile (two miles to central campus).

Property Subtype:

Freestanding

Date on Market:

2024-10-15

Albuquerque Land for Sale - Airport

This site offers great accessibility to Interstate I-25 from the intersection of Yale and Gibson Blvd. Situated close to Albuquerque International Airport, Kirkland Air-force Base, Sandia National Laboratories, the University of New Mexico and other high employment income institutions. This site is also very close to new Max Q and Lobo Crossing developments. This site is near new national and local restaurant development including Dion’s, Chick-Fil-A, Chili’s, Buffalo Wild Wings, Blake’s Lotaburger and many more!

Property Subtype:

Commercial

Date on Market:

2024-09-19

Roswell Land for Sale

Sale, Ground Lease or Build to Suite Highway Frontage and Access Strong Surrounding Demographics High Performing Texas Roadhouse Anchor Drive Thru Potential Growing, Yet Underserved Market Shared Parking & Access

Property Subtype:

Commercial

Date on Market:

2024-04-26

Albuquerque Land for Sale - Downtown

2124 Central is a 2,000 square foot freestanding restaurant that is primed and ready for a redevelopment opportunity in Albuquerque historic Old Town. The property sits on approximately 0.30 acres, has curb cuts on three sides and features a large monument sign on Central Ave. This building is located just west of Rio Grande, making it available for drive-thru as it is outside of the Character Protection Overlay zone. The site is also accessible via ART (Albuquerque Rapid Transit) and is located between Champion Carwash and Filiberto’s. This pad opportunity is perfect for a new retail use and is available via sale.

Property Subtype:

Commercial

Date on Market:

2024-02-05

Albuquerque Retail for Sale - Northeast Heights

Date on Market:

2026-01-30

Albuquerque Retail for Sale - University

4800 Lomas as it exists today is a freestanding church building located in Nob Hill at the signalized intersection of Lomas Blvd and Monroe St. The building can very easily be used again by a new church, featuring a large sanctuary, multiple youth and children rooms and overall a great layout for a church; but also has the opportunity for a new use altogether. This building was originally constructed as a Furr's grocery store, servicing the surrounding neighborhoods and has the ability to be reimagined once again. With MX-M zoning, this opens up the redevelopment opportunities like mixed-use, multi-family, large format retail, drive-thru, car was, banks, and more. Big things are happening in the supermarket surrounding 4800 Lomas. The intersection of San Mateo and Lomas is anchored by Sprouts, True Value, and Ace Hardware, which brings steady traffic to the area. Construction is completed on the new Whole Foods and American Home at Carlisle and Indian School, and with it, new projects underway where each vacated in the same submarket. Most notable for this area is the redevelopment of the former Bank of the West towers at San Mateo and Central into mixed-used apartments, slated in 2025/26. This area north of Nob Hill continues to be a huge draw area for the University of New Mexico and many of the surrounding neighborhoods as part of this walkable/urban core of the city.

Property Subtype:

Freestanding

Date on Market:

2025-12-02

Taos Land for Sale

Positioned at the high-visibility, signalized intersection of Paseo Del Pueblo Sur and Cruz Alta Road, this 3.17-acre parcel offers a rare opportunity to acquire prime development land in the heart of Taos, New Mexico. With flexible parcel sizes ranging from 0.4 to 3.17 acres, the site is ideal for a wide range of commercial uses including freestanding retail, multi-tenant strip centers, drive-thru concepts, and hospitality developments. The property benefits from strong traffic counts of 20,545 vehicles per day and sits within a vibrant retail corridor anchored by national brands such as Albertsons, Walmart, Walgreens, Starbucks, and Whataburger. Taos is a culturally rich and economically diverse community with a 3-mile radius population of 12,398 and an average household income of $100,657. The daytime population reaches 11,674, supporting robust commercial activity. The site’s strategic location and flexible transaction options—purchase, ground lease, or build-to-suit—make it a compelling investment for developers and owner-users seeking long-term value in a growing market.

Property Subtype:

Commercial

Date on Market:

2025-08-08

Los Lunas Land for Sale - Los Lunas Corridor

Pads are shadow anchored by Walmart Supercenter (2.4M annual visitors) and joined by The Human Bean, Panda Express, Carl’s Jr, Wingstop and Cold Stone.

Property Subtype:

Commercial

Date on Market:

2025-04-16

Albuquerque Retail for Sale - Northeast Heights

Property Subtype:

Fast Food

Date on Market:

2026-04-20

Taos Retail for Sale

The offering presents the opportunity to acquire an absolute NNN leased Walgreens located at 811 Paseo del Pueblo Sur in Taos, New Mexico, the primary commercial corridor and economic hub of northern New Mexico. The property is offered at a purchase price of $4,950,000, providing a 6.25% cap rate on current income with approximately 13.5 years remaining on the primary lease term. Walgreens operates under an absolute NNN lease, resulting in zero landlord responsibilities, and features 5% rental increases every five years, offering built-in income growth over the hold period. The asset is well positioned as the only national branded drugstore in Taos and the only Walgreens within a 40+ mile radius, supporting long-term tenant commitment and durable cash flow.

Property Subtype:

Drug Store

Date on Market:

2026-03-05