Retail Property with Medical
For Sale
Contact for pricing
1606 7th St, Las Vegas, NM
Recently renovated retail property with a strong, medical-anchored tenant.
Property Size7,400 SF
Lot Size0.71 Acres
Price / SF$280
Days on Market431
Property Features for 1606 7th St
General Information
Standard status
Active
Size
7,400 SF
Lot size
0.71 Acres
Property subtype
RETAIL
Listing Agency:
Absolute Investment Realty
(505) 489-8538
Listed By:
Rita Cordova · License #19300
(505) 489-8538
Source:
Moodyscre
Added: Jun 25, 2025
Changed: Aug 9
Last Checked: Aug 29 at 10:25AM
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 Absolute Investment Realty
Investment Insights
Based on property information with market context.
This is a multi-tenant building with a master guarantor, anchored by a strong tenant with multiple locations throughout the Southwest. The property was recently renovated in 2020 and offers excellent visibility. The offering is structured as a 10-year absolute NNN sale-leaseback, with zero landlord responsibilities. The property has a size of 7,400 square feet.
Key Highlights
- 10 year absolute NNN sale - leaseback, offering zero landlord responsibilities.
- Medical anchored, providing stability and consistent traffic.
- Multi‑tenant building with master guarantor.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
403
Businesses Nearby
125k
Monthly Visits Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Dining 80%
Shops & Services 17%
Electronics 3%
McDonald's
Dining
25,796 visits/mo
0.2 miles
SONIC Drive In
Dining
14,500 visits/mo
0.2 miles
Starbucks
Dining
14,486 visits/mo
0.2 miles
Wendy's
Dining
13,643 visits/mo
0.1 miles
Taco Bell
Dining
8,908 visits/mo
0.2 miles
Market
Vacancy Rate% for Retail in West region
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Frequently Asked Questions
What type of property is this?
Shopping center - Recently renovated retail property with a strong, medical-anchored tenant.
Where is this shopping center located?
The property is located at 1606 7th St Las Vegas, NM.
What is the asking price?
The asking price for this property is $2,072,000.
What are key features of this property?
This property features: 10 year absolute NNN sale - leaseback, offering zero landlord responsibilities.; Medical anchored, providing stability and consistent traffic.; Multi‑tenant building with master guarantor.
