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

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, which could yield a pro forma capitalization rate in the 11–12 percent range (see Comps A and B). 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.

Property Subtype:

Freestanding

Date on Market:

2025-12-10

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.

Property Subtype:

Freestanding

Date on Market:

2025-11-06

Las Cruces Office for Sale

Discover a rare investment opportunity in Las Cruces, NM: a Class A, single-tenant NNN medical office building strategically located at 4401 East Lohman Avenue, adjacent to Mountain View Regional Medical Center and the Rehabilitation Hospital of Southern New Mexico. Built in 2018, this ±25,582 SF facility sits on 1.53 acres and is fully leased to Las Cruces Physician Services LLC, a trusted healthcare provider with 26 locations and over 70 medical professionals in the region. The lease runs through March 2031, with a five-year renewal option, ensuring long-term stability and predictable cash flow. This property combines medical demand drivers, institutional-quality construction, and secure long-term tenancy, making it an ideal addition to any investment portfolio. Investment Highlights • Strong returns: Current NOI of $568,683 with a 6.35% cap rate on the $8.95M asking price. • Minimal landlord responsibilities: NNN lease structure covering taxes, insurance, utilities, janitorial, and operational costs. • Prime healthcare corridor: Positioned between two major hospitals, offering referral opportunities, patient convenience, and sustained tenant demand. • Rapidly growing market: Las Cruces, the second largest city in New Mexico, boasts a 14% population growth since 2020 and benefits from major employers including NMSU, White Sands Missile Range, and Spaceport America. • Lease rate of $22.81 per square foot is well below current market rates for medical office space. Lease goes to market rent in March 2031. Current market rent is $30 per square foot.

Property Subtype:

Medical

Date on Market:

2025-11-03

Silver City Retail for Sale

SRS National Net Lease is pleased to offer the opportunity to acquire the fee simple interest (land & building ownership) in a NN, corporate guaranteed (NYSE: SHW), investment grade (S&P: BBB), investment property located in Silver City, New Mexico. The tenant, Sherwin Williams Co., has occupied the site for 20 years and recently signed a brand new 10 year lease extension with 4 (5-Year) options to extend, demonstrating their commitment to the site. The lease features 10% rental increases every 5 years throughout the extension term and at the beginning of each option, steadily growing NOI and hedging against inflation. The lease is NN with limited landlord responsibilities making it an ideal, low-management investment opportunity for a passive investor. The seller made a substantial investment into a new roof, HVAC, drainage, and insulation to be installed by November 2025. Founded in 1866, Sherwin Williams is a global leader in the manufacture, development, distribution, and sale of paint and paint related products sold exclusively through a chain of more than 5,000 Company-operated stores and branches.

Property Subtype:

Freestanding

Date on Market:

2025-10-15

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.

Property Subtype:

Medical

Date on Market:

2025-09-05

Albuquerque Retail for Sale - South Valley

Surmount is pleased to present the exclusive listing for a Little Caesars located at 3125 Coors Blvd SW, Albuquerque, NM 87121. The site consists of roughly 1,330 rentable square feet of building space on an estimated 0.58-acre parcel of land. This Little Caesars is subject to a 20-year Triple Net (NNN) lease which will commence upon close of escrow. The annual rent will be $90,000 and has scheduled increases of 10.00% every 5 years.

Property Subtype:

Restaurant

Date on Market:

2025-08-21

Silver City Retail for Sale

Surmount is pleased to present the exclusive listing for a Fast Stop located at 123 W 12th Street, Silver City, NM 88061. The site consists of roughly 2,160 rentable square feet of building space on an estimated 1-acre parcel of land. This Fast Stop is subject to a 20-year Triple Net (NNN) lease, which commenced 10/27/2023. The current annual rent is $166,464 and has scheduled increases of 2.00% annually.

Property Subtype:

Convenience

Date on Market:

2025-08-12

Arenas Valley Retail for Sale

Surmount is pleased to present the exclusive listing for a Fast Stop located at 3 Rio De Arenas Rd, Arenas Valley, NM 88022. The site consists of roughly 2,040 rentable square feet of building space on an estimated 2.45-acre parcel of land. This Fast Stop is subject to a 20-year Triple Net (NNN) lease, which commenced 10/27/2023. The current annual rent is $187,272 and has scheduled increases of 2.00% annually.

Property Subtype:

Service Station

Date on Market:

2025-08-12

Silver City Retail for Sale

Surmount is pleased to present the exclusive listing for a Fast Stop located at 915 Silver Heights Blvd, Silver City, NM 88061. The site consists of roughly 1,544 rentable square feet of building space on an estimated 0.66-acre parcel of land. This Fast Stop is subject to a 20-year Triple Net (NNN) lease, which commenced 10/27/2023. The current annual rent is $104,040 and has scheduled increases of 2.00% annually.

Property Subtype:

Convenience

Date on Market:

2025-08-12

Farmington Office for Sale

Property Subtype:

Medical

Date on Market:

2025-08-12

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.

Property Subtype:

Medical

Date on Market:

2025-07-18

Dexter Retail for Sale

The Kase Group is pleased to present the opportunity to acquire a net-leased Family Dollar located at 302 W 1st Street in Dexter, New Mexico. The property consists of an ±8,320 square foot freestanding building with excellent visibility along the town’s primary commercial corridor. Dexter serves as a local hub for surrounding rural communities, offering a steady flow of local and regional traffic. The lease is corporately guaranteed by Family Dollar Stores, Inc. and structured as a Net Lease with minimal landlord responsibilities limited to roof and structure. The current term runs through June 30, 2028, and includes five (5) additional five-year renewal options with no rental increases during the base or option periods. The property is strategically positioned near several key retailers and service providers, including Allsup's Convenience Store, Kenny's Market, Dexter Lumber & Hardware Co, Vic's Tire Repair, and Dexter Tire Services. It also offers convenient access to U.S. Highway 285, enhancing regional connectivity and visibility.

Property Subtype:

Freestanding

Date on Market:

2025-05-15

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

Property Subtype:

Auto Repair

Date on Market:

2025-04-11

Albuquerque Retail for Sale - University

Dark Store. NNN leased to Advance Auto Parts. 6+ years remaining on the initial lease term. Landlord only responsible for maintaining roof and structure. Roof under warranty. Additional "Add Value" play by developing or subdividing approx. .30 acre excess land.

Property Subtype:

Freestanding

Date on Market:

2025-03-27

Albuquerque Retail for Sale - Southeast Heights

CBRE is pleased to exclusively offer a 1,310-square foot single-tenant, brand new construction, drive-thru only Starbucks asset located in Albuquerque, New Mexico (the “Property”). The offering is inclusive of a new 10-year lease that features four 5-year options to renew and contractual rent increases every five years. The lease features a corporate guarantee from Starbucks Corporation (S&P: BBB+), one of the nation’s preeminent retailers with consolidated annual net revenue in excess of $9.1 billion (FY Sept 2024). Starbucks - Albuquerque is shadow anchored by Smith’s (Kroger), which has maintained a presence at the Tramway Boulevard SE and Central Ave NE intersection since the late 1980s. This Smith’s location is a top 5% visited grocery store in New Mexico accounting for 1.2M visits and 151.2K visitors over the past 12 months (placer.ai), creating retail synergy and cross over traffic with Starbucks. The Property further benefits from its location at the dominant intersection at the Tramway Boulevard SE exit of I-40 and Central Ave NE, a heavily trafficked corridor in the Albuquerque MSA and drive-by exposure to over 34,800 vehicles per day . Significant consideration of positioning Starbucks at this location was given to the fact that the Tramway Boulevard exit is the first stop entering Albuquerque from I-40 East and the last stop departing Albuquerque from I-40 West. The drive-thru building serves a population of over 70,000 people in a 3-mile radius with average household incomes in excess of $93,000. Growth of high-end communities on the east side of the mountain, like Paa-Ko Ridge, are exclusively served by this location. Starbucks - Albuquerque is being offered free and clear of existing debt on an “As-Is/Where Is” basis.

Date on Market:

2025-03-18

Angel Fire Retail for Sale

Corporate Absolute NNN Lease with 10% Rental Escalations in Year 11 and Options – Allows an investor the opportunity to acquire a NNN asset on a truly passive income structure while the rental escalations provide a strong hedge against inflation Strong Corporate Guarantee – Dollar Tree, Inc. has an Investment Grade credit rating of BBB (S&P), has over 16,000 locations with more than 211,000 associates, and is ranked 137th on the Fortune 500 list Highly Desirable Location, 1-Mile from Angel Fire Resort – Angel Fire Resort is a year-round resort destination offering lodging and activities for the entire family. Tourists can number in the thousands with the resort being recognized as the #1 Family Friendly Resort by OnTheSnow In the winter, guests can experience skiing and snowboarding on the pristine slopes, luxurious mountain lodges, and breathtaking views. In the summer, the resort offers golfing, zipline adventures, mountain biking, boating, fishing, hiking, and pickleball Located Along Area’s Main Retail Corridor and Directly Surrounded by Community Staples – Including many restaurants, gas stations, ski shop, the Village Church, hardware store, bank, post office, and auto repair store 1.5 Miles from Moreno Valley High School which Serves the Local Community

Property Subtype:

Freestanding

Date on Market:

2025-03-12

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

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

Property Subtype:

Convenience

Date on Market:

2025-02-18

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.

Property Subtype:

Auto Repair

Date on Market:

2025-02-11

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

Las Vegas Retail for Sale

Absolute Investment Realty has been selected as the exclusive representative for the sale of this attractive Medical Office Property located in Las Vegas New Mexico.  Tenants include Foot & Ankle Specialist along with Cricket and a Dreamz Dispensary a retail cannabis dispensary. This stunning medical office property boasts a prime location in the heart of a bustling commercial district in Las Vegas, NM. The recently renovated property features contemporary design elements and high-quality finishes throughout. This impressive medical office property represents a unique and lucrative investment opportunity, offering stable, long-term cash flow potential and strong appreciation prospects. Don't miss out on the chance to add this exceptional property to your portfolio and capitalize on the growing demand for healthcare services. Contact us today to learn more.

Property Subtype:

Freestanding

Date on Market:

2024-12-11

Gallup Retail for Sale

Sands Investment Group is Pleased to Exclusively Offer For Sale the 2,842 SF Taco Bell Located at 914 East Highway 66 in Gallup, NM. This Deal Includes a Long Term 15-Year Sale Leaseback With Zero Landlord Responsibilities and Healthy Hedge Against Inflation With 10% Rent Increases Every 5 Years, Providing For a Secure Investment. In Cooperation With Sands Investment Group - Lic. #9623 BoR: Andrew Ackerman - Lic. NM #20310

Property Subtype:

Fast Food

Date on Market:

2024-10-25

Gallup Retail for Sale

Sands Investment Group is Pleased to Exclusively Offer For Sale the 1,760 SF Taco Bell Located at 3095 West Historic Highway 66 in Gallup, NM. This Deal Includes a Long Term 15-Year Sale Leaseback With Zero Landlord Responsibilities and a Healthy Hedge Against Inflation With 10% Rent Increases Every 5 Years, Providing For a Secure Investment. In Cooperation With Sands Investment Group - Lic. #9623 BoR: Andrew Ackerman - Lic. NM #20310

Property Subtype:

Restaurant

Date on Market:

2024-10-25