NNN Leased United Supermarkets
1415 N Main St, Lovington, NM 88260
20-year NNN lease with rental increases in Lovington, NM.
Type:Retail
Property size:
48,997 SFPrice / SF:
$402/SF- Added:
- Mar 10, 2026
- Days on Market:
- 64
- Last Refresh:
- Mar 19 at 10:24 pm
Property Features for 1415 N Main St
General Information
- Standard status
- Active
- Size
- 48,997 SF
- Property subtype
- Retail
Building Details
- Year Built
- 2026
Listing agent Ryan Forsyth License #CA 01716551
Listing office Cushman & Wakefield - Sacramento, California
Listing date Mar 10, 2026
Source Crexi
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 Cushman & Wakefield - Sacramento, California
HighLights
- New 20‑year absolute NNN lease provides a fully passive investment with no landlord responsibilities.
- Tenant is United Supermarkets, a wholly‑owned subsidiary of Albertsons Companies (NYSE: “ACI” | S&P: “BB+”).
- 5% rental increases every five years offer steady income growth throughout the initial term and eight (8) five‑year options.
- Albertsons Companies operates over 2,200 stores across 35 states and the District of Columbia.
- Property is newly built in 2026.
- United Supermarkets operates approximately 99 retail grocery stores in Texas and New Mexico.
Overview
This property is subject to a new 20-year absolute NNN lease with United Supermarkets, a wholly-owned subsidiary of Albertsons Companies (NYSE: ACI, S&P: BB+). The lease includes 5% rental increases every five years, providing steady growth throughout the initial term and eight additional five-year options. As a fully passive investment, the tenant is responsible for all taxes, insurance, and maintenance, including the roof, structure, and parking lot. United Supermarkets operates approximately 99 retail grocery stores in 54 Texas and New Mexico communities, along with convenience-store formats, logistics/distribution operations, and other ancillary businesses. Albertsons Companies operates over 2,200 stores across 35 states and the District of Columbia as of late 2025/early 2026. As of Q3 2025, net sales and other revenue increased to $19.1B, up about 1.9% year over year, driven by a 2.4% increase in identical sales. The property is located at 1415 N Main St, Lovington, NM 88260 and has a size of 48997 square feet.
Location Intelligence
Current Use by Public Records
Grocery and convenience stores
Map
- City
- Lovington
- County
- Lea
- State
- New Mexico
- Longitude
- -103.48
- Latitude
- 32.9094
Nearby Similar for Sale
FAQs
What type of property is this?
Grocery and convenience store - 20-year NNN lease with rental increases in Lovington, NM.
Where is this grocery and convenience store located?
The property is located at 1415 N Main St Lovington, NM.
What is the asking price?
The asking price for this property is $19,715,000.
What are key features of this property?
This property features: New 20‑year absolute NNN lease provides a fully passive investment with no landlord responsibilities.; Tenant is United Supermarkets, a wholly‑owned subsidiary of Albertsons Companies (NYSE: “ACI” | S&P: “BB+”).; 5% rental increases every five years offer steady income growth throughout the initial term and eight (8) five‑year options.
