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
  • $4,419,970 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
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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
  • $5,534,635 CAD
  • 20,232 SF

Santa Fe Retail for Sale - Southwest Santa Fe

Surmount is pleased to present the exclusive listing for a Teamshares property (DBA Coronado Paint & Decorating) located at 2929 Cerrillos Road, Santa Fe, NM 87507. The site consists of roughly 20,232 rentable square feet of building space on an estimated 1.27-acre parcel of land. The property is subject to a 20-year Triple Net (NNN) lease, which commenced on 8/25/2025. The current annual rent is $272,991 and has scheduled increases of 2.00% Annually.

Contact:

Surmount

Property Subtype:

Freestanding

Date on Market:

2026-05-01
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More details for 7510 Mallard Way, Santa Fe, NM - Flex for Sale

Net Leased Industrial Investment - 7510 Mallard Way

Santa Fe, NM 87507

  • NNN Property
  • Flex for Sale
  • $3,113,337 CAD
  • 10,969 SF

Santa Fe Flex for Sale - Southwest Santa Fe

7510 Mallard Way | Santa Fe Airport Business Park | Santa Fe, NM 87507 $2,275,000 | 8.51% Cap Rate | $193,440 First-Year NOI | 10,969 SF± | I-1 Zoning Fully occupied, income-producing flex industrial building offered as a Triple Net (NNN) investment. Tenant pays all real property taxes, insurance, maintenance, utilities, and operating expenses directly. Landlord receives $16,000 per month Base Rent free and clear with annual escalations of the greater of 3% or CPI-U — a guaranteed inflation hedge built into the lease. The property is a high-specification flex industrial building constructed circa 2019 on a 0.781-acre fully fenced lot. Four suites (Units A–D), each with private office, private restroom, warehouse space with high ceilings, 8'×8' roll-up door, and security shutters — all currently interconnected and occupied by a single tenant. Heavy infrastructure includes 3-phase electrical service at 1,600 amps, city water and sewer, natural gas, HVAC with climate and humidity control, floor drains, and uni-strut ceilings. 23 paved parking spaces. Lease personally guaranteed for the full initial term. Annual rent escalations. Right of First Refusal on sale.

Contact:

Tai Bixby

Property Subtype:

Light Distribution

Date on Market:

2026-04-22
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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
  • $4,598,160 CAD
  • 57,703 SF
  • Air Conditioning

Clovis Retail for Sale

The Snyder Carlton National Net Lease Team is pleased to offer investors an opportunity to acquire the single tenant net leased Hobby Lobby in Clovis, NM. Hobby Lobby is the largest privately owned arts and crafts retailer in the world with over 1,000 stores in 48 states and over 46,000 employees. Demonstrating the strength of this location, the tenant has been operating at this location for over 20 years and recently extended the lease (8.5 years remaining) and has two 5-year option periods. The roof was replaced in 2022 and has a 20-year warranty in place. With limited landlord responsibilities, rent increases every 5 years and long-term operating history this asset is ideal for an investor seeking long-term cash flows. The 57,703 SF building is a co-anchor to the 169,000 SF community center with Albertsons Market and is positioned on the hard corner signalized intersection of N Prince Street and Airport Highway which sees over 34,900 VPD. Nearby retailers include Walmart Supercenter, Lowe’s Home Improvement, PetSmart, Marshalls, Ross, JC Penney, Harbor Freight, Dollar General, McDonald’s, Starbucks, Whataburger and more. Cannon Air Force Base is within 7 miles of the subject property comprising a community of 20,000+ active-duty military personnel and their families, civilian employees and contractors.

Contact:

Colliers

Property Subtype:

Freestanding

Date on Market:

2026-04-14
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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
  • $2,368,271 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
  • $2,709,630 CAD
  • 3,622 SF
  • Air Conditioning
  • Restaurant

Hobbs Retail for Sale

McAlister's Deli (the “Property”) is a freestanding quick-service restaurant located at 3619 NW County Road in Hobbs, New Mexico. The Property sits at a highly visible corner along NW County Road near Industrial Drive, offering excellent ingress and egress and strong accessibility to surrounding commercial corridors and nearby residential neighborhoods. Constructed in 2018, the Property comprises approximately 3,622 square feet and is situated on roughly 0.99 acres. The building features a modern restaurant design with ample surface parking and efficient site circulation to accommodate consistent customer traffic. The Property is 100% leased to Best Choice Restaurants, LLC, operating as McAlister’s Deli, under a 15-year lease that commenced January 1, 2019 and expires December 31, 2033, providing approximately 7.59 years of remaining lease term (WALT). The lease features scheduled rental increases every five years, providing built-in income growth.

Contact:

EDGE Realty Capital Markets

Property Subtype:

Fast Food

Date on Market:

2026-04-08
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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
  • $1,926,848 CAD
  • 910 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
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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
  • $26,979,977 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
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More details for 124 Siringo Rd, Santa Fe, NM - Office for Sale

Professional Offices Near Hospital - 124 Siringo Rd

Santa Fe, NM 87505

  • NNN Property
  • Office for Sale
  • $2,326,450 CAD
  • 9,592 SF
  • Air Conditioning
  • Controlled Access
  • Roof Terrace

Santa Fe Office for Sale

A ±9,592 SF professional office and research facility located on ±0.90 acres along Siringo Road just east of St. Francis Drive with 54 parking spaces. This well-located property offers an excellent opportunity for an owner-user, research facility, medical office, or professional services firm seeking a central Santa Fe location with strong accessibility and abundant parking. The two-story building was constructed in 1996 and includes a versatile floor plan with private offices, conference rooms, reception areas, laboratories, and collaborative workspace. The property also includes elevator access, a rooftop patio, and ample parking for employees and visitors. Property offered for sale below $1,800,000 appraisal, for sale “as-is” by prior lender who took the property back by foreclosure. C-1 Zoning allows for office, medical, dental, research, educational, religious and more. R&D tenant in place month to month.

Contact:

Tai Bixby

Date on Market:

2026-03-09
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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
  • $4,086,341 CAD
  • 1,810 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
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More details for 70 NM-371, Thoreau, NM - Retail for Sale

70 NM-371

Thoreau, NM 87323

  • NNN Property
  • Retail for Sale
  • $1,166,706 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
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More details for 701 N 5th St, Estancia, NM - Retail for Sale

701 N 5th St

Estancia, NM 87016

  • NNN Property
  • Retail for Sale
  • $848,462 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
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More details for Residential Assisted Living – Health Care for Sale

Residential Assisted Living

  • NNN Property
  • Health Care for Sale
  • $5,474,000 CAD
  • 13,262 SF
  • 5 Health Care Properties

Portfolio of properties for Sale - West Mesa

A rare opportunity exists to acquire a fully operational residential assisted living and memory care portfolio in the Albuquerque market. This offering includes five purpose-configured residential assisted living homes, built and operated for memory care and senior assisted living use. The portfolio consists of 30 licensed beds total, with each home designed around a small-home care model that provides residents with a more personal, home-like setting compared to larger institutional facilities. The locations are currently operational, staffed, and supported by established systems, procedures, resident care routines, vendor relationships, and administrative infrastructure. Current occupancy is approximately 80%, with meaningful upside available through continued census growth, rate adjustments, and operational efficiencies. The portfolio is being offered as a real estate-backed senior care acquisition opportunity. A qualified buyer can step into an existing platform with licensed homes, trained staff, operating history, and a recognized residential care model already in place. This opportunity is well suited for an owner-operator, regional assisted living provider, memory care operator, or investor seeking immediate scale in the residential senior care market. Asking Price: $4,000,000 Portfolio Basis: $800,000 per location Locations Included: 5 fully operational assisted living / memory care homes Licensed Capacity: 30 total beds Market: Albuquerque / Rio Rancho, New Mexico Due Diligence: Available to qualified buyers after NDA

Contact:

Tim Lopez Group

Date on Market:

2026-02-11
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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
  • $7,268,103 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
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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
  • $2,943,643 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
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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
  • $1,951,692 CAD
  • 3,960 SF

Santa Fe Office for Sale - Southwest Santa Fe

? Absolute Investment Realty has been selected as the exclusive representative for the absolute NNN sale-leaseback of this attractive medical office building located on Rodeo Rd, in the heart of Santa Fe, NM. Nestled in the Sangre-DeCristo mountains, Santa Fe is the state capital, and the premier destination for vacationers and art and southwestern jewelry buyers, making it one of the highest barrier to entry markets in the United States.? This property is located 3 miles from Northern New Mexico’s newest and largest regional medical center, Presbyterian Santa Fe Medical Center and 4.3 miles from Northern New Mexico’s 2nd largest regional medical center, Cristus St. Vincent Regional Medical Center.? The Property is a stand-alone building that is part of a professional office & medical office condominium association in a very desirable area of Santa Fe. The immediate trade area includes Santa Fe’s largest regional mall and power center, both less than 0.25 mi away, and Sam’s Club, located directly across the street.?

Contact:

Absolute Investment Realty

Property Subtype:

Medical

Date on Market:

2025-09-05
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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
  • $6,265,153 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
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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
  • $3,360,235 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
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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
  • $1,859,791 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
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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
  • $2,554,064 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
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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
  • $3,180,394 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
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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
  • $8,888,407 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
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More details for 1608 7th St, Las Vegas, NM - Retail for Sale

1608 7th St

Las Vegas, NM 87701

  • NNN Property
  • Retail for Sale
  • $2,835,532 CAD
  • 7,400 SF

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.

Contact:

Absolute Investment Realty

Property Subtype:

Freestanding

Date on Market:

2024-12-11
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United States NNN Properties New Mexico

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NNN Properties

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