Commercial Real Estate in New Mexico available for sale
NNN Properties For Sale

NNN Properties for Sale in New Mexico, USA

More details for 1630 Rio Rancho Blvd SE, Rio Rancho, NM - Retail for Sale

1630 Rio Rancho Blvd SE

Rio Rancho, NM 87124

  • NNN Property
  • Retail for Sale
  • $4,474,037 CAD
  • 12,467 SF

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.

Contact:

Pegasus Retail

Property Subtype:

Storefront

Date on Market:

2025-11-12
Hide
See More
More details for 1102 W Main St, Artesia, NM - Retail for Sale

Artesia 7 Brew - 1102 W Main St

Artesia, NM 88210

  • NNN Property
  • Retail for Sale
  • $1,950,418 CAD
  • 510 SF

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.

Contact:

Faris Lee Investments

Property Subtype:

Fast Food

Date on Market:

2026-03-25
Hide
See More
More details for 1419 N Main Ave, Lovington, NM - Retail for Sale

United Supermarkets - 1419 N Main Ave

Lovington, NM 88260

  • NNN Property
  • Retail for Sale
  • $27,310,006 CAD
  • 48,997 SF

Lovington Retail for Sale

Prime Location: Prime setting directly off of U.S. Route 82, which traverses the entirety of Lovington. 2026 Construction: Brand-new 2026 construction built to the latest United Supermarkets prototype. Strong Demographic Base: The five-mile radius serves a populous region, with 12% growth within a one-mile radius since 2010 and an average annual household income of $89,694 within five miles. Excellent Traffic Drivers: The property is surrounded by a vibrant mix of local and national retailers that drive Lovington’s primary economic activity, including Family Dollar, Comfort Inn & Suites, Dollar General Market, McDonald’s, Pizza Hut, and many more. Zero Management Responsibilities: Absolute NNN lease structure transfers maintenance and expense obligations to tenant, including roof, structure, and parking lot. Growing Market Dynamics: Projected income increases within 1-, 3-, and 5-mile radii over the next five years poise this United Supermarkets and Lovington for steady concurrent growth

Contact:

Cushman & Wakefield

Date on Market:

2026-03-10
Hide
See More
More details for 5210 Central Ave SE, Albuquerque, NM - Retail for Sale

New Take 5 Oil | 15 Yr NNN SLB | 10% Bumps - 5210 Central Ave SE

Albuquerque, NM 87108

  • NNN Property
  • Retail for Sale
  • $4,136,327 CAD
  • 1,438 SF

Albuquerque Retail for Sale - University

• Newly executed 15-year lease with six (6), five-year option periods to extend • Lease guaranteed by T5 West Operations, LLC, which encompasses 29+ locations across the western U.S. under the Take 5 Oil Change brand • Operator and its affiliated entities currently manage 50+ Take 5 Oil Change locations, demonstrating a proven operational track record • 10% rental increases every five years during the initial term and at the start of each renewal period, growing NOI and hedging against inflation • Brand-new construction asset built to the latest prototype design and operational standards

Contact:

SRS National Net Lease

Property Subtype:

Auto Repair

Date on Market:

2026-03-04
Hide
See More
More details for 10830 Unser Blvd NW, Albuquerque, NM - Retail for Sale

New Take 5 Oil | 15yr SLB | 29+ Unit Guaranty - 10830 Unser Blvd NW

Albuquerque, NM 87114

  • NNN Property
  • Retail for Sale
  • $4,046,286 CAD
  • 1,438 SF

Albuquerque Retail for Sale - West Mesa

SRS National Net Lease is pleased to offer the opportunity to acquire the fee simple interest (land and building ownership) in an absolute NNN leased Take 5 Oil Change investment property located at 10830 Unser Boulevard NW, Albuquerque, New Mexico. At the close of escrow, the tenant will sign a brand-new, 15-year, NNN lease with 10% rental increases every 5 years throughout the initial term and option periods, providing an excellent hedge against inflation. The lease will be absolute NNN, requiring zero landlord responsibilities, making it an ideal, management-free investment opportunity for a passive investor.

Contact:

SRS National Net Lease

Property Subtype:

Auto Repair

Date on Market:

2026-03-03
Hide
See More
More details for 70 NM-371, Thoreau, NM - Retail for Sale

70 NM-371

Thoreau, NM 87323

  • NNN Property
  • Retail for Sale
  • $1,180,978 CAD
  • 9,180 SF

Thoreau Retail for Sale

Fortis Net Lease is pleased to present this 9,180 SF. freestanding Family Dollar store located in Thoreau, New Mexico - located in an Opportunity Zone! This store was rebuilt in 2015. The property offers a Double Net (NN) Lease, leaving minimal landlord responsibilities. Tenant is responsible for the HVAC system. The lease contains 4 (5 year) options to renew, each with a 10% rental rate increase. The lease is corporately guaranteed which holds a credit rating of “BBB”, which is classi?ed as Investment Grade. The store is currently open and has been operating successfully since July 2008. It performs in the top 1/3 of all Family Dollar stores in the state. This Family Dollar is highly visible as it is strategically positioned off of I-40 which sees 20,010 cars per day, on NM-371 which sees 4,124 cars per day. It is conveniently located on the main thoroughfare surrounded by local schools, residential, & other retailers. The 10 mile population from the site is 3,945 while the 3 mile average household income is$41,524 per year, making this location ideal for a Family Dollar. The Subject offering represents an ideal opportunity for a 1031 exchange buyer or a “passive” investor to attain the fee simple ownership of a Family Dollar. This investment will offer a new owner continued success due to the ?nancial strength and the proven pro?tability of the tenant, one of the nation’s top dollar stores. List price re?ects a 9% cap rate based on NOI of $76,729. Owner is a license New Mexico Real Estate Broker.

Contact:

Fortis Net Lease

Property Subtype:

Freestanding

Date on Market:

2026-02-12
Hide
See More
More details for 701 N 5th St, Estancia, NM - Retail for Sale

Family Dollar - 701 N 5th St

Estancia, NM 87016

  • NNN Property
  • Retail for Sale
  • $858,840 CAD
  • 9,180 SF

Estancia Retail for Sale - Torrance County

Fortis Net Lease is pleased to present this 9,180 SF. freestanding Family Dollar store located in Estancia, New Mexico - located in an Opportunity Zone in the Albuquerque Market! The property offers a Double Net (NN) Lease, leaving minimal landlord responsibilities. Tenant is responsible for HVAC system. The lease contains 4 (5 year) options to renew, each with a 10% rental rate increase. The lease is corporately guaranteed, which holds a credit rating of “BBB”, which is classi?ed as Investment Grade. The store is currently open and has been operating successfully since July 2008. This Family Dollar is highly visible as it is strategically positioned on 5th Street which sees 3,911 cars per day. It is conveniently located on the main thoroughfare through town, next to the High School & across the street from Estancia Municipal Airport. The 10 mile population from the site is 3,029 while the 3 mile average household income is$46,605 per year, making this location ideal for a Family Dollar. The Subject offering represents an ideal opportunity for a 1031 exchange buyer or a “passive” investor to attain the fee simple ownership of a Family Dollar. This investment will offer a new owner continued success due to the ?nancial strength and the proven pro?tability of the tenant, one of the nation’s top dollar stores. List price re?ects a 9.23% cap rate based on NOI of $59,978. Owner is a licensed New Mexico Real Estate Broker.

Contact:

Fortis Net Lease

Property Subtype:

Freestanding

Date on Market:

2026-02-12
Hide
See More
More details for 5-Home Residential Care Lease Option – Health Care for Sale

5-Home Residential Care Lease Option

  • NNN Property
  • Health Care for Sale
  • $1,662,288 CAD
  • 13,262 SF
  • 5 Health Care Properties

Portfolio of properties for Sale - West Mesa

CONFIDENTIAL OPPORTUNITY – TURNKEY RESIDENTIAL MEMORY CARE PORTFOLIO Albuquerque, New Mexico A rare opportunity exists to assume operations and lease a stabilized, licensed residential assisted living portfolio in the Albuquerque market. This offering is structured as a master lease opportunity for qualified operators seeking immediate scale in the residential memory care space. The portfolio consists of five purpose-configured 6-bed residential assisted living homes (30 licensed beds total), currently operating with approximately 85% occupancy, trained staff in place, and established systems and procedures. The ownership group’s preference is to lease all five homes as a portfolio under a single master operator. This is not a startup opportunity. This is an operational platform transition. THE OPPORTUNITY • Five residential assisted living homes with the potential for a sixth home • 30 total licensed beds under the five home model and 36 beds with a sixth home • Private-pay model • Approximately 85% occupancy • Established referral relationships • Trained caregiving staff in place • Operating policies, procedures, and systems • Strong brand history in the market 30+years • Turnkey transition structure available An incoming operator may assume the existing operation and continue operating under current licensure (subject to regulatory approval), or transition to their own brand and license structure depending on qualifications and regulatory pathway. This opportunity allows a qualified operator to bypass the typical 18–24 month startup timeline associated with residential assisted living development, licensing, staffing, and census stabilization. NNN Structure: Operator responsible for property taxes, insurance, utilities, maintenance, staffing, regulatory compliance, and all operational costs. Ownership’s goal is full operational transfer. The landlord will not remain involved in day-to-day management. Please contact listing broker for additional details.

Contact:

Tim Lopez Group

Date on Market:

2026-02-11
Hide
See More
More details for 1 Romeroville Frontage Rd, Las Vegas, NM - Retail for Sale

Speedway - 1 Romeroville Frontage Rd

Las Vegas, NM 87701

  • NNN Property
  • Retail for Sale
  • $7,357,009 CAD
  • 4,000 SF

Las Vegas Retail for Sale

The Offering presents the opportunity to acquire a single-tenant Speedway convenience store with high-capacity fueling infrastructure situated across 7 acres in Las Vegas, New Mexico. The Property is the top-performing 7-Eleven in New Mexico and top 3% nationwide according to Placer.ai. The Property is leased on a long-term Absolute NNN lease with contractual rent increases every three years throughout the initial term, providing income growth and complete expense pass-through. Speedway is one of the largest convenience store operators in the Southwest and is owned and operated by 7-Eleven, the world’s largest convenience store brand, generating $81.46 billion in total revenue in 2024 (4.4% YoY increase), and an investment-grade credit rating of A by S&P. The Property benefits from immediate access to Interstate 25, also known as the Pan-American Freeway, and is located at the convergence of I-25 and U.S. Route 84, a key regional and interstate traffic corridor through northern New Mexico.

Contact:

Northmarq

Property Subtype:

Service Station

Date on Market:

2026-01-29
Hide
See More
More details for 12700 San Rafael Ave NE, Albuquerque, NM - Retail for Sale

SANDIA HEIGHTS VILLAGE IN A HIGH-INCOME AREA - 12700 San Rafael Ave NE

Albuquerque, NM 87122

  • NNN Property
  • Retail for Sale
  • $5,704,418 CAD
  • 14,932 SF

Albuquerque Retail for Sale - East Outlying

The property is offered as a stabilized, fully leased multi-tenant neighborhood retail investment located in Albuquerque’s highly desirable Northeast Heights submarket. The asset is 100% occupied and generates durable in-place cash flow supported by a diversified, service-oriented tenant mix and contractual rent increases. Positioned on a highly visible corner parcel with dual frontage along San Rafael Avenue and Tramway Boulevard, the property benefits from strong daily traffic exposure, convenient access, and consistent neighborhood demand. The center totals approximately 14,932 square feet and is situated on a ±1.27-acre site, providing a favorable land-to-building ratio and long-term optionality. The tenant roster is composed primarily of necessity-based and lifestyle service users, including veterinary care, insurance, personal services, fitness, creative studios, and food and beverage offerings. This service-driven mix limits exposure to e-commerce disruption and supports stable, repeat visitation. Offered at a 6.74% in-place capitalization rate, the property presents investors with a core-plus retail opportunity featuring predictable income, no lease-up risk, and limited near-term capital requirements. The surrounding trade area is characterized by above-average household incomes, established residential neighborhoods, and limited new retail supply, reinforcing long-term occupancy and income stability.

Contact:

A360 Capital Real Estate & Business Advisory

Property Subtype:

Freestanding

Date on Market:

2026-01-15
Hide
See More
More details for 5901 Isleta Blvd SW, Albuquerque, NM - Retail for Sale

Family Dollar - 5901 Isleta Blvd SW

Albuquerque, NM 87105

  • NNN Property
  • Retail for Sale
  • $2,492,699 CAD
  • 8,320 SF

Albuquerque Retail for Sale - South Valley

Located at 5901 Isleta Ave., Albuquerque, New Mexico, this Family Dollar property offers investors a strong opportunity anchored by a nationally recognized discount retailer serving the surrounding community. Positioned along a well-traveled corridor in Albuquerque’s South Valley, the site benefits from consistent daily traffic, strong neighborhood density, and convenient accessibility. Family Dollar’s value-oriented retail model drives steady customer demand, making the location a reliable neighborhood shopping destination. With its established presence, essential-goods focus, and straightforward operations, this property represents a compelling addition to a long-term net-lease investment portfolio in the Albuquerque market. NOI based on blended cap rate of 7.56% factoring in a 10% rental increase due in 05/1/2027.

Contact:

The Alexander Group

Property Subtype:

Storefront

Date on Market:

2026-01-08
Hide
See More
More details for 1011 W Avenue D, Lovington, NM - Retail for Sale

Dollar Tree - 1011 W Avenue D

Lovington, NM 88260

  • NNN Property
  • Retail for Sale
  • $2,008,598 CAD
  • 20,104 SF
  • Air Conditioning

Lovington Retail for Sale

Marcus & Millichap is pleased to present the exclusive offering of a Dollar Tree located in Lovington, New Mexico. The property is secured by a new 10-year double-net (NN) lease through 2036, following the tenant’s early renewal of two five-year option periods, demonstrating Dollar Tree’s long-term commitment to the site. The tenant has operated at this location since 2013, highlighting strong occupancy history and performance. The property features a new 20-year roof with warranty, ample parking, and excellent visibility and access along the city’s main retail corridor, West Avenue D. The corridor is anchored by a diverse mix of national retailers, including Bealls, Verizon, AutoZone, and O’Reilly Auto Parts, as well as popular quick-service restaurants. Nearby educational institutions—including local high school, middle school, and elementary schools serving more than 2,300 students—contribute to strong daily traffic and retail synergy. Additionally, the property offers significant upside potential through the lease-up of a vacant 10,100-square-foot portion of the building. As the county seat of Lea County, Lovington serves as the area’s administrative and legal hub, providing a stable economic base and consistent foot traffic. This offering represents a secure, income-producing investment with a national credit tenant and compelling value-add opportunity through the activation of additional leasable area.

Contact:

Marcus & Millichap

Property Subtype:

Freestanding

Date on Market:

2025-12-10
Hide
See More
More details for 2781 57th Street NW, Albuquerque, NM - Retail for Sale

2781 57th Street NW

Albuquerque, NM 87120

  • NNN Property
  • Retail for Sale
  • $1,901,934 CAD
  • 1,183 SF

Albuquerque Retail for Sale - West Mesa

Absolute Investment Realty has been selected as the exclusive representative of this very rare Absolute NNN Leased fast-food drive through opportunity. The property is located in Albuquerque, NM in the desirable Coors Blvd. corridor. The newly constructed +/-1,185 square foot free-standing drive through is located in the busy Coors Blvd. corridor on Albuquerque’s west side. The property sits on a feeder street to the Coors & I 40 on-ramp that The Tenant, Pinon Coffee of New Mexico is an established regional coffee brand that has found huge success in the roasted coffee wholesaling and retailing and is expanding into boutique coffee shops offering hot and cold brewed coffee and food.

Contact:

Absolute Investment Realty

Property Subtype:

Freestanding

Date on Market:

2025-11-06
Hide
See More
More details for 10201 Central Ave NE, Albuquerque, NM - Retail for Sale

Freddy's - Albuquerque NM - 10201 Central Ave NE

Albuquerque, NM 87123

  • NNN Property
  • Retail for Sale
  • $2,979,651 CAD
  • 3,264 SF
  • Restaurant

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

Contact:

SRS Real Estate Partners

Property Subtype:

Fast Food

Date on Market:

2025-09-15
Hide
See More
More details for 3600 Rodeo Ln, Santa Fe, NM - Office for Sale

Unit A - 3600 Rodeo Ln

Santa Fe, NM 87507

  • NNN Property
  • Office for Sale
  • $2,018,295 CAD
  • 3,960 SF

Santa Fe Office for Sale - Southwest Santa Fe

Absolute Investment Realty has been selected as the exclusive representative for the NNN sale-leaseback of this attractive medical office building located in the heart of Santa Fe. This property is convenient to I-25 and near Santa Fe’s 2 largest hospitals (Christos St. Vincent Regional Medical Center, Presbyterian Santa Fe Medical Center). This asset is an opportunity to own real estate in the prestigious and high-barrier to entry market of Santa Fe, NM. New Lease Effective with Allevio Care, a nationwide. See Investment Summary and About the Tenant for more information.

Contact:

Absolute Investment Realty

Property Subtype:

Medical

Date on Market:

2025-09-05
Hide
See More
More details for 1001 Coal Ave SE, Albuquerque, NM - Office for Sale

Women's Specialists of New Mexico - 1001 Coal Ave SE

Albuquerque, NM 87106

  • NNN Property
  • Office for Sale
  • $6,341,791 CAD
  • 14,650 SF

Albuquerque Office for Sale - University

Surmount is pleased to present the exclusive listing for a Women’s Specialists of New Mexico located at 1001 Coal Ave SE, Albuquerque, NM 87106. The site consists of roughly 14,650 rentable square feet of building space on an estimated 1.12-acre parcel of land. This Women’s Specialists of New Mexico is subject to a 8-year Triple Net (NNN) lease, which commenced 10/1/2024. The current annual rent is $274,687 and has variable increases.

Contact:

Surmount

Property Subtype:

Medical

Date on Market:

2025-07-18
Hide
See More
More details for 505 E 20th St, Farmington, NM - Retail for Sale

Starbucks - 505 E 20th St

Farmington, NM 87401

  • NNN Property
  • Retail for Sale
  • $3,401,339 CAD
  • 1,294 SF

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.

Contact:

King Capital

Property Subtype:

Fast Food

Date on Market:

2025-04-30
Hide
See More
More details for 3900 Southern Blvd SE, Rio Rancho, NM - Retail for Sale

Take 5 Oil Change - 3900 Southern Blvd SE

Rio Rancho, NM 87124

  • NNN Property
  • Retail for Sale
  • $1,882,541 CAD
  • 1,315 SF

Rio Rancho Retail for Sale

• The tenant has approximately 13+ years remaining with 5 (5-year) opions to extend, demonstrating their commitment to the site • The lease features a 10% rental increase in year 11, and 10% rental increases at the beginning of each option period, steadily growing NOI and hedging against inflation

Contact:

SRS National Net Lease

Property Subtype:

Auto Repair

Date on Market:

2025-04-11
Hide
See More
More details for 1266 Sumner Ave, Fort Sumner, NM - Retail for Sale

Dollar General Plus - 1266 Sumner Ave

Fort Sumner, NM 88119

  • NNN Property
  • Retail for Sale
  • $2,585,307 CAD
  • 10,640 SF

Fort Sumner Retail for Sale

Fortis Net Lease is pleased to present this 2024 BTS 10,640 SF. Dollar General Plus store located in Fort Sumner, New Mexico. The property is secured with a 15 year Absolute NNN Lease leaving zero landlord responsibilities. The lease contains 5% rental rate increases every 5 years including at each of the 5 (5 year) options to renew. The lease is corporately guaranteed by Dollar General Corporation which holds a credit rating of “BBB”, which is classified as Investment Grade. The store has completed construction and successfully opened for business in June 2024. This Dollar General is highly visible as it is strategically positioned on the corner of Avenue G & 16th Street, just off of Highway 60 seeing 5,925 cars per day. The store is easily accessible from both streets with 2 points of ingress/egress. The 10 mile population from the site is 1,322 and the 3 mile average household income is $45,457 per year, making this location ideal for a Dollar General. The Subject offering represents an ideal opportunity for a 1031 exchange buyer or a “passive” investor to attain the fee simple ownership of Dollar General. This investment will offer a new owner continued success due to the financial strength and the proven profitability of the tenant, the nation’s top dollar store. List price reflects a 6.85% cap rate based on NOI of $127,843.20. Instate Broker of Record: Brian Brockman | Bang Realty

Contact:

Fortis Net Lease

Property Subtype:

Convenience

Date on Market:

2025-02-18
Hide
See More
More details for 1655 S Valley Dr, Las Cruces, NM - Retail for Sale

New Take 5 Oil | 55+ Unit Operator - 1655 S Valley Dr

Las Cruces, NM 88005

  • NNN Property
  • Retail for Sale
  • $3,219,298 CAD
  • 11,430 SF

Las Cruces Retail for Sale

SRS National Net Lease is pleased to offer the opportunity to acquire the fee simple interest (land & building ownership) in an absolute NNN leased Take 5 Oil Change investment property located in Las Cruces, New Mexico. The tenant, Take 5 Oil Change will sign a new, 15-year lease at the close of escrow (sale-leaseback) with 6 (5-year) options to extend, demonstrating their commitment to the site. The lease features 10% rental increases every 5 years throughout the initial term and at the beginning of each option period, steadily growing NOI and hedging against inflation. The lease is absolute NNN with zero landlord responsibilities making it an ideal, management free investment opportunity for a passive investor.

Contact:

SRS National Net Lease

Property Subtype:

Auto Repair

Date on Market:

2025-02-11
Hide
See More
More details for 10300 Central Ave SE, Albuquerque, NM - Retail for Sale

Walgreens - 10300 Central Ave SE

Albuquerque, NM 87123

  • NNN Property
  • Retail for Sale
  • $8,997,134 CAD
  • 16,510 SF

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.

Contact:

Antonoff & Company Brokerage, Inc.

Property Subtype:

Drug Store

Date on Market:

2025-01-31
Hide
See More
1-24 of 33
  2. 1
  3. 2
United States NNN Properties New Mexico

NNN Properties For Sale

NNN Properties

Looking to lease a NNN Property? View NNN Properties for lease