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

NNN Properties for Sale in New Mexico, USA

More details for 4900 Cutler Ave NE, Albuquerque, NM - Retail for Sale

Old Navy & XFinity Anchored Investment - 4900 Cutler Ave NE

Albuquerque, NM 87110

  • NNN Property
  • Retail for Sale
  • $20,681,345 CAD
  • 40,787 SF
  • Restaurant

Albuquerque Retail for Sale - Northeast Heights

New Mexico Broker of Record LEE LANGEN - REMAX - License No. 19241 Faris Lee Investments is pleased to offer the rare opportunity to acquire the fee-simple interest in the premier national junior anchor and inline retail component of The Pavilions at San Mateo in Albuquerque, New Mexico. The offering features an exceptional lineup of destination retailers, anchored by a prominent 15,210 SF Old Navy, which recently executed a 5-year lease extension. Illustrating tremendous leasing momentum and intense retailer demand. Regional favorite Boofy’s Best for Pets signed a new 5-year lease to facilitate center expansion. In total, ownership has successfully extended over 7,000 square feet of inline shop space, ensuring high occupancy and institutional stability. Multitenant retail portions within dominant centers continue to be a highly sought-after product type, driven by necessity-based demand and an internet-resistant merchandising mix. This retail asset benefits from massive, built-in consumer synergy by being directly shadow anchored by a top-performing Walmart Grocery, which drives heavy daily cross-traffic to the immediate parcel and recently extended its commitment through 2036. The center itself welcomes over 2.2 million visitors annually (Placer.ai). This investment delivers an exceptionally stabilized, high-yielding asset profile backed by a resilient corporate tenant roster that ensures defensive, predictable revenue and favorable returns. The hands-off nature of the leases enables streamlined operations, while full building ownership provides a premier vehicle for a 1031 exchange buyer seeking to maximize tax benefits through cost segregation and accelerated depreciation.

Contact:

Faris Lee Investments

Date on Market:

2026-06-22

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More details for 4600-4700 Cutler Ave, Albuquerque, NM - Retail for Sale

Walmart Grocery,DollarTree,Five Below,ShoeDep - 4600-4700 Cutler Ave

Albuquerque, NM 87110

  • NNN Property
  • Retail for Sale
  • $16,191,269 CAD
  • 75,907 SF

Albuquerque Retail for Sale - Northeast Heights

New Mexico Broker of Record: Lee Langen / License No.: 19241 Faris Lee Investments is pleased to offer the rare opportunity to acquire the fee-simple interest in The Pavilions at San Mateo, a dominant Walmart Grocery-anchored community center located in the central core of Albuquerque, New Mexico. Reinforcing the undeniable strength and long-term viability of this location, Walmart recently executed a major lease extension through 2036 based on their high-volume sales performance. Supermarket and grocery-anchored shopping centers have consistently remained the single most resilient, stable, and highly desired asset class for retail property investors, insulated from economic fluctuations and driven entirely by necessity-based consumer habits that ensure consistent daily foot traffic. Complementing the powerhouse grocery anchor, the center boasts extraordinary leasing velocity, a protective low-cost basis at $150/SF, and a diverse merchandising mix of national retailers that maximizes crossover shopping. This includes Five Below signing a brand-new 10-year lease for 13,142 square feet, Dollar Tree extending for 10 years in its 10,000 square foot space, and a high-performing Shoe Dept. occupying 15,839 square feet. These major national retailers align directly alongside the flagship 36,926 square foot Walmart Neighborhood Market, anchoring the core footprint of the asset. In total, ownership has recently renewed over 7,000 square feet of inline shop space, giving a passive investor or 1031 exchange buyer a perfectly balanced, internet-resistant revenue stream that qualifies for significant tax advantages via cost segregation and accelerated depreciation. The property is strategically positioned with unparalleled freeway accessibility, located directly near the on/off ramps of Interstate 40 (over 206,300 VPD) and fronting the high traffic arterial intersection of San Mateo Blvd NE and Cutler Ave NE (over 48,000 VPD). Backed by excellent street frontage and multiple entry points, the center successfully draws over 2.2 million visitors annually (Placer.ai). It sits just over a mile from the state’s leading regional retail drivers, including Winrock Town Center and the Coronado Center Regional Mall. This high-profile location is sustained by stellar local demographics, featuring over 116,000 residents, 54,000 households, and a massive daytime business population of 113,000 employees within a 3-mile radius, making it a highly secure, income-generating asset.

Contact:

Faris Lee Investments

Property Subtype:

Freestanding

Date on Market:

2026-06-22

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More details for 4910 Cutler Ave NE, Albuquerque, NM - Retail for Sale

H&R Block - Vision Works Pavilion SM - 4910 Cutler Ave NE

Albuquerque, NM 87110

  • NNN Property
  • Retail for Sale
  • $3,005,225 CAD
  • 5,000 SF

Albuquerque Retail for Sale - Northeast Heights

New Mexico Broker of Record: Lee Langen / License No.: 19241 Faris Lee Investments is pleased to offer the rare opportunity to acquire the fee-simple interest in a highly visible, 2-tenant retail pad located within The Pavilions at San Mateo, a premier Walmart Neighborhood Market-anchored community center in the central core of Albuquerque.? Reinforcing the strength and stability of this location, the separate parcel pad is 100% leased to strong, nationally and regionally recognized tenants: Visionworks and H&R Block.? Demonstrating excellent leasing momentum and tenant commitment, Visionworks has agreed to an early exercise of their 3-year option out to 6/30/2029 (subject to final committee approval), providing long-term income stability.? High-profile retail pads within grocery-anchored centers continue to be one of the most resilient and sought-after product types for retail investors, driven by necessity-based demand and consistent daily traffic.? The subject asset benefits from immense retail synergy, drawing from the 150,000-square-foot shopping center's impressive 2.3 million annual visitors (Placer.?ai), driven by core anchors Walmart Neighborhood Market, Five Below, and Dollar Tree (which attract over 3 million visitors).? This prime, street-front retail pad offers superior visibility, on-site parking, and uncompromised ease of access.? Investors will benefit from a NNN-leased structure with limited landlord responsibilities, as the tenants manage interior upkeep and HVAC maintenance while assuming responsibility for property taxes, insurance, and common area maintenance (CAM).? This low-management setup delivers a stable, robust cash flow ideal for passive investors or 1031 exchange buyers, while providing strong tax benefits through cost segregation of both the land and building improvements. Strategically located near the on/off ramp of Interstate 40 (over 206,000 VPD), the pad enjoys exceptional regional accessibility and visibility.? The property is positioned at the high-traffic intersection of San Mateo Blvd NE and Cutler Ave NE (over 48,000 VPD), benefiting from multiple points of ingress/egress and significant street frontage.? The center is also situated within a premier commercial corridor, just one mile from major regional economic drivers including, Coronado Center (9.8 million annual visitors), Winrock Town Center, and a newly opened $10 Million, 58,000-square-foot Crunch Fitness facility.? The surrounding trade area features exceptional demographics, with over 116,000 residents, 54,000 households, and a daytime employment base of 113,000 employees within 3 miles.? This high concentration of consumers positions this asset as a compelling opportunity to acquire a high-quality, stabilized pad with a powerful national tenant lineup in a premier central Albuquerque retail corridor.?

Contact:

Faris Lee Investments

Property Subtype:

Freestanding

Date on Market:

2026-06-22

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More details for 5010 Cutler Ave NE, Albuquerque, NM - Retail for Sale

OrangeTheory / Einstein Bagels - Walmart Anch - 5010 Cutler Ave NE

Albuquerque, NM 87110

  • NNN Property
  • Retail for Sale
  • $7,360,314 CAD
  • 14,017 SF

Albuquerque Retail for Sale - Northeast Heights

New Mexico Broker of Record: Lee Langen / License.: 19241 Faris Lee Investments is pleased to offer the rare opportunity to acquire the fee-simple interest in a highly visible retail pad located within The Pavilions at San Mateo, a premier Walmart Neighborhood Market-anchored community center in the central core of Albuquerque.? Reinforcing the strength and stability of this location, the separate parcel pad is 100% leased to a diverse mix of national and regional credit tenants: Orangetheory Fitness, Einstein Bros. Bagels, Fitshop Med Spa, and Juani's Kitchen. Demonstrating excellent leasing momentum and tenant commitment, Fitshop Med Spa recently extended its lease for 4 years, Juani's Kitchen extended for 6 years, and Orangetheory Fitness brings elite corporate backing following its 2024 merger with Self Esteem Brands.? Multi-tenant retail pads within high-performing centers continue to be one of the most resilient product types for real estate investors, driven by necessity-based demand and internet-resistant services that safeguard the asset against e-commerce disruption.? The subject asset benefits from immense retail synergy, drawing from the 150,000-square-foot shopping center's impressive 2.3 million annual visitors (Placer.?ai), driven by core anchors Walmart Neighborhood Market, Five Below, and Dollar Tree.? This prime, hard-corner pad building offers superior frontage, on-site parking, and uncompromised street-front visibility at a high-profile, signalized intersection.? Investors will benefit from an NNN-leased structure with limited landlord responsibilities, as the tenants manage interior upkeep and HVAC maintenance while assuming responsibility for property taxes, insurance, and common area maintenance (CAM).? This low-management setup delivers a stable, robust cash flow ideal for passive investors or 1031 exchange buyers, while providing strong tax benefits through favorable returns and cost segregation of both the land and building improvements.? Strategically located near the on/off ramp of Interstate 40 (over 206,000 VPD), the pad enjoys exceptional regional accessibility and visibility.? The property is positioned at the high-traffic intersection of San Mateo Blvd NE and Cutler Ave NE (over 48,000 VPD), benefiting from a premier signalized intersection with multiple points of ingress/egress.? The center is situated within Albuquerque's top commercial corridor, just one mile from major regional economic drivers, including Coronado Center (9.8 million annual visitors), Winrock Town Center, and a newly opened $10 Million, 58,000-square-foot Crunch Fitness facility.? The surrounding trade area features exceptional demographics, with over 116,000 residents, 54,000 households, and a daytime employment base of 113,000 employees within 3 miles.? This high concentration of consumers, combined with proximity to top-performing state leaders like Whole Foods (#1 in NM) and Target (#1 in NM), positions this asset as a compelling opportunity to acquire a high-quality, stabilized pad in a premier retail corridor.?

Contact:

Faris Lee Investments

Property Subtype:

Storefront

Date on Market:

2026-06-22

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More details for Pavilions San Mateo-Walmart Grocery Anch – Retail for Sale, Albuquerque, NM

Pavilions San Mateo-Walmart Grocery Anch

  • NNN Property
  • Retail for Sale
  • $43,648,934 CAD
  • 135,711 SF
  • 4 Retail Properties

Albuquerque Portfolio of properties for Sale - Northeast Heights

New Mexico Broker of Record: Lee Langen / Remax License No.: 19241 Faris Lee Investments is pleased to offer the rare opportunity to acquire the fee simple interest in The Pavilions at San Mateo, a Walmart Grocery–anchored community center in the central core of Albuquerque. Reinforcing the strength of this location, Walmart recently executed an extension through 2036, providing long-term income stability. Grocery-anchored shopping centers continue to be one of the most resilient and sought after product types for retail investors, driven by necessity-based demand and consistent daily traffic. Significant leasing momentum & anchor lease extensions further highlight strength of the real estate , evidenced by Five Below signing a new 10-year lease and Dollar Tree recently extending for 10 years as well as Old Navy & Shoe Dept extending for 5 years. These national retailers complement a diverse merchandising mix of daily needs tenants that draws over 2.2 million visitors annually (Placer.ai). Furthermore, with a purchase price reflecting a cost basis under $225/SF, the offering provides a secure investment well below replacement cost, allowing for long-term rental growth and favorable returns. Strategically located near the on/off ramp of Interstate 40 (±206,300 VPD), The Pavilions at San Mateo enjoys exceptional regional accessibility and visibility. The property is positioned at the high-traffic intersection of San Mateo Blvd NE and Cutler Ave NE (combined ±48,000 VPD), benefiting from multiple points of ingress/egress and significant street frontage. The center is also situated within a premier commercial corridor, just one mile from major regional economic drivers including Coronado Center and Winrock Town Center. The surrounding trade area features exceptional demographics, with over 117,000 residents and a daytime employment base of 110,000 employees within 3 miles. This high concentration of consumers positions The Pavilions at San Mateo as a compelling opportunity to acquire a high-quality, stabilized asset with a powerful national tenant lineup in a premier central Albuquerque retail corridor.

Contact:

Faris Lee Investments

Date on Market:

2026-06-22

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More details for 1503 Main St SW, Los Lunas, NM - Specialty for Sale

Los Lunas Mister Car Wash - 1503 Main St SW

Los Lunas, NM 87031

  • NNN Property
  • Specialty for Sale
  • $7,615,876 CAD
  • 5,436 SF
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More details for 1711 7th St, Las Vegas, NM - Retail for Sale

Arby's - 1711 7th St

Las Vegas, NM 87701

  • NNN Property
  • Retail for Sale
  • $1,420,910 CAD
  • 2,500 SF
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More details for 2407 N Main St, Roswell, NM - Retail for Sale

Church's Texas Chicken - 2407 N Main St

Roswell, NM 88201

  • NNN Property
  • Retail for Sale
  • $1,705,092 CAD
  • 919 SF
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More details for 2289 E Superior St, Silver City, NM - Retail for Sale

Wendy's - 2289 E Superior St

Silver City, NM 88061

  • NNN Property
  • Retail for Sale
  • $3,293,669 CAD
  • 3,729 SF
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More details for 1620 Towne Center Ln SE, Albuquerque, NM - Retail for Sale

Denny's | Abs NNN | Scheduled Increases - 1620 Towne Center Ln SE

Albuquerque, NM 87106

  • NNN Property
  • Retail for Sale
  • $3,582,114 CAD
  • 4,298 SF
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More details for 2929 Cerrillos Rd, Santa Fe, NM - Retail for Sale

Teamshares (DBA Coronado Paint & Decorating) - 2929 Cerrillos Rd

Santa Fe, NM 87507

  • NNN Property
  • Retail for Sale
  • $5,746,598 CAD
  • 20,232 SF
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More details for 2001 N Prince St, Clovis, NM - Retail for Sale

Hobby Lobby - 2001 N Prince St

Clovis, NM 88101

  • NNN Property
  • Retail for Sale
  • $4,774,258 CAD
  • 57,703 SF
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More details for 2001 N 1st St, Artesia, NM - Industrial for Sale

2001 N 1st St

Artesia, NM 88210

  • NNN Property
  • Industrial for Sale
  • $2,458,970 CAD
  • 10,000 SF

Artesia Industrial for Sale

This offering presents a compelling opportunity to acquire a single-tenant, net-leased industrial investment occupied by FleetPride, a nationally recognized leader in heavy-duty truck and trailer parts distribution. Strategically located at 2001 N. Artesia Blvd in Artesia, New Mexico, the property sits along U.S. Highway 285, a major north-south transportation corridor, and serves as a critical operational facility within the tenant’s regional network. The site has been continuously operated as a truck and trailer retail store since the 1980s, underscoring its longstanding functionality and relevance to the local market. The asset consists of an approximately 10,000 square foot industrial building situated on approximately 0.93 acres, offering functional warehouse space, yard area, and excellent visibility and access along a primary commercial thoroughfare supporting logistics and distribution operations. The property is leased on a double net (NN) basis, providing for minimal landlord responsibilities and a stable, passive income stream. The investment is offered at an attractive 7.50% CAP rate, delivering strong in-place yield relative to comparable net-leased industrial assets. FleetPride, backed by strong institutional ownership, operates an extensive nationwide footprint and has demonstrated a strong commitment to this location, reinforcing the long-term viability and stability of the tenancy. The lease structure offers predictable cash flow, with built-in attractive annual rent escalations, enhancing long-term income growth. Artesia is a well-established energy and industrial hub in southeastern New Mexico, benefiting from ongoing activity in the oil and gas sector. The property’s location along U.S. 285 provides strong underlying real estate fundamentals, driven by consistent traffic flow and demand from industrial users tied to regional economic drivers. This investment is well-suited for investors seeking a secure, long-term asset with a creditworthy tenant, limited management responsibilities, and exposure to the resilient industrial sector.

Contact:

Spectrum Commercial Real Estate, Inc

Property Subtype:

Distribution

Date on Market:

2026-04-13

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More details for 3619 NW County Rd, Hobbs, NM - Retail for Sale

McAlister's Deli - 3619 NW County Rd

Hobbs, NM 88240

  • NNN Property
  • Retail for Sale
  • $2,754,380 CAD
  • 3,622 SF
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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
  • $2,000,641 CAD
  • 910 SF
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More details for 3421 Mountain View Blvd, Angel Fire, NM - Retail for Sale

Family Dollar | 6 Yr. - Abs. NNN - 3421 Mountain View Blvd

Angel Fire, NM 87710

  • NNN Property
  • Retail for Sale
  • $2,088,955 CAD
  • 8,320 SF
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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
  • $28,013,241 CAD
  • 48,997 SF
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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
  • $4,242,837 CAD
  • 1,810 SF
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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
  • $7,218,223 CAD
  • 4,000 SF
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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
  • $5,851,307 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

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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
  • $2,060,320 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

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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
  • $2,026,436 CAD
  • 3,960 SF
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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
  • $6,180,959 CAD
  • 14,650 SF
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More details for 505 E 20th St, Farmington, NM - Retail for Sale

505 E 20th St

Farmington, NM 87401

  • NNN Property
  • Retail for Sale
  • $3,488,924 CAD
  • 1,294 SF
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