Contiguous Industrial NNN
For Sale
Contact for pricing
Pending
821 & 251 MAIN Street, Farmington, NM 87401
Two separate but contiguous commercial industrial properties with long-term NNN income and leaseback potential for existing operations.
Property SizeContact for details
Days on Market124
Property Features for 821 & 251 MAIN Street
General Information
Standard status
Pending
Property subtype
Retail, Industrial
Listing Agency:
RE/MAX of Farmington
(505) 486-4366
Listed By:
Ben Lyons · License #15098
Source:
Crexi
Added: Apr 11
Changed: Aug 8
Last Checked: Aug 12 at 9:45AM
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 RE/MAX of Farmington
Investment Insights
Based on property information with market context.
This offering includes two separate but contiguous commercial industrial properties, presented as a combined package with existing tenant occupancy. The properties are described as offering shop/warehouse/manufacturing-style space and include long-term NNN income associated with a current tenant.
A long-term tenant at Matheson Gas (251 Scott Ave) is on a 5-year lease and is described as having approximately $250,000 remaining in rental income. The second property, associated with HSC (821 E Main St), is described as intending to continue operations of the retail portion and is willing to sign a leaseback from a new owner.
The listings are also offered for separate purchase, as indicated in the remarks.
A long-term tenant at Matheson Gas (251 Scott Ave) is on a 5-year lease and is described as having approximately $250,000 remaining in rental income. The second property, associated with HSC (821 E Main St), is described as intending to continue operations of the retail portion and is willing to sign a leaseback from a new owner.
The listings are also offered for separate purchase, as indicated in the remarks.
Key Highlights
- Two separate but contiguous commercial/industrial properties: 251 Scott Ave and 821 E Main St.
- 251 Scott Ave has a long‑term solid NNN tenant at Matheson Gas with approximately $250K remaining in rental income on a 5‑year lease.
- 821 E Main St tenant (HSC) intends to continue operating the retail portion and is willing to sign a leaseback with a new owner.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
605
Businesses Nearby
Explore this area
Business Placement
Demographics for 87401, NM
44,724
Population
17,611
Households
2.5
Avg Household Size
34
Median Age
19%
College-Educated
88%
High-School Grad
132.8 sq mi
ZIP Area
337
Density / Sq Mi
$56,358
Median Household Income
$31,362
Median Earnings
$983
Median Rent
$202,400
Median Home Value
Market
Vacancy Rate% for Industrial in West region
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Frequently Asked Questions
What type of property is this?
NNN property - Two separate but contiguous commercial industrial properties with long-term NNN income and leaseback potential for existing operations.
Where is this nnn property located?
The property is located at 821 & 251 MAIN Street Farmington, NM.
What are key features of this property?
This property features: Two separate but contiguous commercial/industrial properties: 251 Scott Ave and 821 E Main St.; 251 Scott Ave has a long‑term solid NNN tenant at Matheson Gas with approximately $250K remaining in rental income on a 5‑year lease.; 821 E Main St tenant (HSC) intends to continue operating the retail portion and is willing to sign a leaseback with a new owner.
