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Corner Convenience Store with Drive-Through
For Sale
$720,000

1011 W Lea St, Carlsbad, NM 88220

Corner storefront offers drive-through service and multiple refrigeration cases for convenience retail operations.

Days on Market241

Property Features for 1011 W Lea St

General Information

Standard status Active
Listing Agency: Berkshire Hathaway Home Services Enchanted Lands - Carlsbad
Listed By: Lanette R Rostro · License #46020
Source: Exprealty
Added: Dec 1, 2025 Changed: Jul 25 Last Checked: Jul 29 at 4:41PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Berkshire Hathaway Home Services Enchanted Lands - Carlsbad

Investment Insights

Based on property information with market context.

This corner convenience store property includes a drive-through window and the equipment layout typically used for grab-and-go retail. The store has two walk-in coolers, multiple refrigerated cases for produce and meat/cheese, a frozen food case, and a walk-in freezer, along with an ice maker and ice freezer. Interior features include shelving and a small private office space.

The property provides easy access from both Lea and Normandy Street, with parking available on-site.

As a former convenience store and laundry mat, the space is offered for sale and ready for a new operator to adapt to their business needs.

Key Highlights

  • High‑traffic corner lot with easy access from both Lea and Normandy Street
  • Former convenience store and laundry mat building with plenty of parking
  • Includes drive‑through window for convenience retail operations

Property Analytics

Current Use

Atm Atm ALON Gas Station Grocery & Convenience Store

Suggested Use

Top Pick Dental Office Electrical Service HVAC Service Carpet & Flooring Store Tech Support Center Pet Grooming Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

139
Businesses Nearby
Under-served
Demand for This Use

Demographics for 88220, NM

40,762
Population
17,692
Households
2.3
Avg Household Size
36
Median Age
20%
College-Educated
84%
High-School Grad
1,907.6 sq mi
ZIP Area
21
Density / Sq Mi
$79,668
Median Household Income
$45,302
Median Earnings
$1,218
Median Rent
$192,600
Median Home Value

Market

Vacancy Rate% for Retail in West region

7% 2020
6.3% 2021
5.5% 2022
5.3% 2023
5.5% 2024
5.8% 2025
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Frequently Asked Questions

What type of property is this?
Grocery and convenience store - Corner storefront offers drive-through service and multiple refrigeration cases for convenience retail operations.
Where is this grocery and convenience store located?
The property is located at 1011 W Lea St Carlsbad, NM.
What is the asking price?
The asking price for this property is $720,000.
What are key features of this property?
This property features: High‑traffic corner lot with easy access from both Lea and Normandy Street; Former convenience store and laundry mat building with plenty of parking; Includes drive‑through window for convenience retail operations
More about this property
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