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

Albuquerque Retail for Sale - Northeast Heights

4009 Menaul is a 4,500-square-foot flex space and presents an excellent property for an owner/user needing small warehouse space and a front office/reception area. The property can easily be demised for two users and features warehouse space accessible through two overhead doors via the rear (north) alley. There is an open reception/showroom area and multiple private offices. Additionally, a fully secured parking spot on the property's northwest side is great for overnight parking. The property has excellent retail frontage and highly visible monument signage.

Property Subtype:

Freestanding

Date on Market:

2025-05-08

Alamogordo Retail for Sale

• Flexible Building with 67,400+/- SF of Total Building Area on 3.7 AC+/- for Variety of Uses • Centralized Hub Serving Vast Regional Trade Area at Major Hwy Junction (70 & 54) • 27’+ Ceiling Heights Throughout, approx. 5,000 SF of Office Area, Mezzanine, and Two Dock Doors Along North side of Building with Ability to Accommodate More • US Highways 70 & US 54 Connect to Numerous Communities in SE NM • Strong Traffic Counts Along Both US Hwy 70 and US Hwy 54 • Large, Multi-Purpose Site is Easily Adaptable for Retail, Entertainment, Industrial, Institutional, Educational, Film-Related and/or Storage Uses • FOR SALE: $4,583,200, Equivalent to $68.00 Per Building SF • FOR LEASE: $6.90 PSF/YR NNN (NNNs Estimated $1.50 PSF/YR) • Additional Opportunities Exist Within Entire 19.4 AC Site Include the Following: - Owner May Consider Demising 67,400 SF. Rates Will Vary. - Adjoining 10,000 SF Retail Strip Retail Building Available for Smaller User(s) - High-Profile Perimeter Pads Along State Road 54 Available - Abutting 9 to 11 AC Raw Undeveloped Land to the South Could Be Assembled for Future Development, Commercial, Industrial and/or Residential SEE BROKERS FOR ADDITIONAL DETAILS & PRICING

Property Subtype:

Freestanding

Date on Market:

2025-05-07

Roswell Retail for Sale

"You can get away, without going away" by being nestled in this serene property on the Spring River, this property boasts a Santa Fe style main home that exudes timeless charm. Step inside to discover the showplace of the homean impressive room wide custom-built Kiva Fireplace that commands attention with its rustic allure. The main home has an expansive 3,888 total sq. ft., the main residence offers a sanctuary of comfort and style. As if that werent enough, a separate guest quarters, that consist of approximately 1,100 sq. ft of the main home area, ensures ample space for visitors or renters to indulge in the tranquility of this retreat. Prepare to be enchanted by the abundant wildlife and exotic birds that call this oasis home. Here, fishing, hunting, and a riverbank await, promising unforgettable moments of connection with nature. But the allure doesnt end there. Three additional income generating homes grace the property, each offering its own unique charm and character. The first home The Glen Getaway boasts 1,092 sq. ft. of living space that includes the meeting room, while the second and third homes offer 768 sq. ft. and 555 sq. ft. respectively. Totaling an impressive 6,303+- sq. ft. according to the Tax Office, this property presents a myriad of opportunities. Currently generating $3,200 in income from the three rental homes, the potential for additional revenue from leasing the separated guest quarters in the main home is substantialprojected at well over $4,000 per month at the current leases. Farming income is also projectable income. Adding to its appeal, the property has a designated 5+- acres of, (on or around year 1908), Senior Artesian Water Rights as per owners that will insure a sustainable water source for the land. A well, installed within the last two years as per the sellers, provides further peace of mind, offering reliability and efficiency. This property has an expensive underground water system for irrigation with an impressive (11) eleven water valve risers for full irrigation coverage as per the sellers. For prospective buyers, the convenience continues. The leased houses will be sold fully furnished, streamlining the transition for those looking to capitalize on the rental income opportunity. At the time of the listing all homes were leased. However, its important to note that a Special Use Permit is required from the Chaves County Extra Territorial Zoning every 3 years to utilize it as a retreat center and a community garden. Buyers must obtain this provision to ensure compliance with local regulations. For detailed information and approval procedures, please consult the local Chaves County ETZ authorities. In summary, this property represents more than just a residenceits a sanctuary, a retreat, and for unforgettable memories. Dont miss your chance to own this slice of paradise so you can "You can get away, without going away".

Date on Market:

2025-01-20

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

Clovis Retail for Sale

Investment opportunity +/-23,500 SF available for sale. Contact broker for details.

Date on Market:

2025-04-07

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

Ruidoso Retail for Sale

This commercial property, zoned C-1, is conveniently located just a block from Midtown's vibrant shopping district, drawing in tourists from both near and far. 415 Wingfield is available for sale either as it stands or as a property only. Currently, it operates as an established athletic club with a rich history in Ruidoso, boasting over eighteen thousand square feet of space on more than an acre of land. The Ruidoso Athletic Club features more than fifteen exercise classes each week, a heated four-lane lap pool, sauna, hot tub, and bathrooms equipped with showers. Spanning approximately 18,632 square feet, this exceptional fitness center is ideally positioned in Midtown, offering members and guests a diverse array of group fitness classes, personal training services, amenities, and state-of-the-art fitness equipment. Set on roughly 1.026 acres, the facility also provides ample parking for visitors and is located between two of the only three public parking facilities available for visitors, ensuring easy access to your business. Originally opened in 1941. Locker rooms added in 1983. Pool building added in 2006. The northernmost section of the building, originally built in 1941 by the Works Progress Administration (WPA) as a community gym, has been thoroughly renovated. The complex includes a spacious group fitness room, a racquetball court, cardio and weight training zones, locker rooms, a spa, a sauna, and an indoor four-lane lap pool measuring 32' x 75'. This pool features a roof-mounted photovoltaic solar system and security video cameras. The owner has made several enhancements and upgrades while preserving the character of the property. To the west lies Wingfield Park, which presents exciting possibilities. In winter, as the sun sets, Wingfield Park across the street transforms with seasonal decorations, lighting up the walking paths and offering ice skating in the pavilion. During the warmer months, the park becomes a hub for festivals, fairs, and concerts, creating a lively community spirit in this mountain sanctuary. The delightful tourist village of Ruidoso is perched at an elevation of nearly seven thousand feet. Ruidoso draws 1.9 million visitors each year, attracted by its pleasant weather, horse racing, casinos, hiking trails, beautiful mountain lakes, multiple golf courses, and skiing with sledding options. This presents an exceptional business opportunity with ample parking in a prime location, offering endless possibilities for growth. Don’t miss out on this rare chance! For further information and details, please contact Joe Coakley at the provided phone number or via email.

Property Subtype:

Health Club

Date on Market:

2025-02-03

Albuquerque Retail for Sale - Southeast Heights

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

Property Subtype:

Drug Store

Date on Market:

2025-01-31

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

Edgewood Retail for Sale

Available 4,701 Square Foot Former Denny’s Restaurant Built in 2015. Fully turnkey restaurant, full kitchen hood, refrigerator & freezer, booths, tables etc. Pad Site for Walmart Located on Hard Corner of Church Street and State Road with Traffic Counts of 23,226 VPD. Large 1.14 Acre Parcel, Located on Freeway off/on Ramp I-40 22,037 VPD. Site has ATM lease through June 30, 2025 producing annual rent of $3,018.00.

Property Subtype:

Restaurant

Date on Market:

2024-11-14

Albuquerque Retail for Sale - South Valley

A 2019 renovated 16,376 square foot freestanding building on a 2.64-acre lot leased to HARBOR FREIGHT TOOLS in Albuquerque, NM until April 30th. Price: $2,502,031 - 6.25% Cap rate 5% Annual NN increase cap Owner financing is available

Property Subtype:

Freestanding

Date on Market:

2024-11-07

Albuquerque Retail for Sale - Airport

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

Property Subtype:

Freestanding

Date on Market:

2024-10-15

Raton Retail for Sale

Bar/retail and manufactured home on large lot. This bar was the best spot in town during it's days. Ready for a new owner, Dance floor area, 2 restrooms, bar, storage and more. Next door is rental income, great office space currently rented. Manufactured home in the back is perfect for anyone wanting to live on the premises and run a business. Best location in town just off Hwy 87 and I-25. Best visibility on the busiest road.

Property Subtype:

Bar

Date on Market:

2024-08-13

Espanola Retail for Sale

This high-visibility shopping center represents a turn-key retail asset in the heart of Española’s primary commercial corridor. Positioned on a prime signalized corner at the intersection of Riverside Drive and State Road 76, this property captures the highest traffic counts in the region, serving as the gateway between Santa Fe and Taos. The property is a versatile multi-tenant layout designed for maximum retail exposure. Investment Highlights Include: Unbeatable Location: Directly across from the Santa Claran Casino Resort and its eight-story hotel, benefiting from constant tourism and local activity. Shadow Anchored: Surrounded by major national traffic drivers, including Walmart Supercenter and Lowe’s Home Improvement, which solidify this corridor as the region's dominant shopping destination. Exceptional Frontage: Commanding presence on Riverside Drive, the main artery for the city and surrounding rural communities. Growth Potential: Española continues to serve as a central hub for Northern New Mexico, with a steady demand for well-located retail space.

Property Subtype:

Storefront

Date on Market:

2024-05-10

Albuquerque Retail for Sale - South Valley

SRS National Net Lease Group is pleased to offer the opportunity to acquire the leasehold interest (building ownership) in an absolute NNN leased, investment grade (S&P: BBB), drive-thru equipped, CVS investment property located in Albuquerque, New Mexico. The tenant has approximately 11 years remaining with 1 (4-Year, 3 Mo.) and 7 (5-year) options to extend, demonstrating their commitment to the site. The lease is absolute NNN with zero landlord responsibilities making it an ideal, management free investment opportunity for an out of state investor. CVS Pharmacy is America’s leading retail pharmacy with nearly 10,000 locations across 49 states, District if Columbia and Puerto Rico.

Property Subtype:

Freestanding

Date on Market:

2024-02-14

Albuquerque Retail for Sale - Uptown

An Albuquerque's Uptown district, located along Interstate 40, received 5.8 MILLION VISITORS in 2022. The 83-acre property offers approximately 780,000 SF of retail, medical, wellness, entertainment, and office space. The site boasts seven separate entrances and a private on-ramp to I-40 westbound, providing quick access to I-40, I-25, downtown, the airport, and Albuquerque's west side.

Property Subtype:

Restaurant

Date on Market:

2023-11-01

Portfolio of properties for Sale - South Valley

Gross Price: $6,289,000 Gross Cap Rate: 9.88% Gross NOI: $621,049 Net Price: $4,900,000 Net Cap Rate: 12.67%

Date on Market:

2023-10-27

Chaparral Retail for Sale

SVN / Investment Property Advisors is pleased to offer this longstanding Family Dollar with over 3 Years of Term at a 10.0% Cap Rate. Lease is NN+ with very limited Landlord responsibilities-Roof & Structure. Tenant direct pays taxes and reimburses property insurance. Tenant directly responsible for HVAC, lighting, parking lot, including striping & resurfacing, and outside maintenance. Larger 10,000 sf store next to primary Supermarket, Autozone and Gas/Convenience Center. Lease requires Annual Sales Reporting-see Agent.

Property Subtype:

Freestanding

Date on Market:

2023-08-18

Las Cruces Retail for Sale - Downtown Las Cruces

Property Subtype:

Restaurant

Date on Market:

2025-12-11

Albuquerque Retail for Sale - Northeast Heights

Date on Market:

2026-01-30

Las Cruces Retail for Sale

2102 Telshor Court offers a turnkey restaurant opportunity in a high-traffic commercial corridor. The standalone building fronts Telshor Boulevard and is highly visible from the highway, providing strong exposure for food and beverage operators seeking an established retail location. Previously occupied by a regional brewery, the space is fully built out with a complete kitchen and dining area, allowing for an efficient transition for a new owner or tenant.

Property Subtype:

Restaurant

Date on Market:

2026-01-12

Albuquerque Retail for Sale - University

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

Property Subtype:

Freestanding

Date on Market:

2025-12-02