Freestanding Grocery Retail
For Sale
Contact for pricing
1905 North Prince Street, Clovis, NM 88101
Single-tenant Albertsons operates under an absolute NNN lease with zero landlord responsibilities and long remaining term.
Property SizeContact for details
Days on Market122
Property Features for 1905 North Prince Street
General Information
Standard status
Active
Property subtype
Retail
Building Details
Tenancy
Single
Listing Agency:
Newmark | Orange County - Irvine
Listed By:
Matthew Berres · License #CA 01977909
Source:
Crexi
Added: Apr 10
Changed: Aug 8
Last Checked: Jul 22 at 10:58PM
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 Newmark | Orange County - Irvine
Investment Insights
Based on property information with market context.
This offering presents a fee-simple interest in a single-tenant, freestanding Albertsons retail property. The asset is operating under an absolute NNN lease structure described as having zero landlord responsibilities, with a primary term in excess of 12 years.
The lease includes 10% rental increases every five years, along with six additional five-year option periods.
The property is presented as an Albertsons location with store sales performance and limited competition from like-kind retailers in the immediate area, based on the seller’s remarks provided with this listing.
The lease includes 10% rental increases every five years, along with six additional five-year option periods.
The property is presented as an Albertsons location with store sales performance and limited competition from like-kind retailers in the immediate area, based on the seller’s remarks provided with this listing.
Key Highlights
- Single‑tenant, freestanding Albertsons in Clovis, New Mexico
- Operates under an absolute NNN lease with zero landlord responsibilities
- Over 12 years remaining on the primary lease term
Property Analytics
Current Use
Lease Details
Single-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
478
Businesses Nearby
384k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Dining 41%
Superstores 21%
Shops & Services 20%
Home Improvements & Furnishings 11%
Walmart
Superstores
82,364 visits/mo
0.2 miles
Lowe's
Home Improvements & Furnishings
32,936 visits/mo
0.3 miles
McDonald's
Dining
27,924 visits/mo
0.2 miles
Texas Roadhouse
Dining
21,829 visits/mo
0.3 miles
Dollar Tree
Shops & Services
21,083 visits/mo
0.2 miles
Demographics for 88101, NM
45,651
Population
19,798
Households
2.3
Avg Household Size
33
Median Age
21%
College-Educated
82%
High-School Grad
539.3 sq mi
ZIP Area
85
Density / Sq Mi
$55,349
Median Household Income
$35,816
Median Earnings
$991
Median Rent
$162,400
Median Home Value
Market
Vacancy Rate% for Retail in West region
Questions? Ask Rey
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Similar Off Market Nearby
- S & S Supermarket — 2204 N Main St #3558, Clovis, NM 88101
- Lowe's Market — 116 W 14th St, Clovis, NM 88101
- Tienda Mi Bella Guatemala — 1608 N Main St, Clovis, NM 88101
Frequently Asked Questions
What type of property is this?
Grocery and convenience store - Single-tenant Albertsons operates under an absolute NNN lease with zero landlord responsibilities and long remaining term.
Where is this grocery and convenience store located?
The property is located at 1905 North Prince Street Clovis, NM.
What are key features of this property?
This property features: Single‑tenant, freestanding Albertsons in Clovis, New Mexico; Operates under an absolute NNN lease with zero landlord responsibilities; Over 12 years remaining on the primary lease term
