Single-Tenant Dairy Queen
For Sale
Contact for pricing
1702 N Riverside Dr, Espanola, NM 87532
Fee-simple ownership includes the land and building, with a lease structure that places most operating responsibilities on the tenant.
Property Size2,241 SF
Lot Size0.86 Acres
Price / SF$412.76
Days on Market14
Property Features for 1702 N Riverside Dr
General Information
Standard status
Active
Size
2,241 SF
Lot size
0.86 Acres
Property subtype
Retail
Lease Type
NNN
Investment Type
Net Lease
Net Operating Income
$64,744
Site & Location
Traffic Count
19,500 vehicles/day
Road Access
Yes
Building Details
Buildings
1
Tenancy
Single
Listing Agency:
Flanagan Investment Real Estate
(505) 917-5514
Listed By:
Jake Mechenbier · License #NM 48430
Source:
Crexi
Added: Aug 17
Changed: Aug 30
Last Checked: Aug 30 at 9:05AM
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 Flanagan Investment Real Estate
Investment Insights
Based on property information with market context.
This single-tenant Dairy Queen property includes a building of approximately 2,241 square feet on about 0.86 acres. Constructed as a Dairy Queen more than 35 years ago, the restaurant has a long operating history at the site. Ownership includes both the land and building through a fee-simple structure.
The property fronts N Riverside Drive, Espanola’s main thoroughfare, where traffic exceeds 19,500 vehicles per day. Nearby retailers and restaurants include Walmart, Lowe’s, McDonald’s, Chili’s, and Starbucks, providing an established commercial setting. The lease has just under 10 years remaining and is structured as NNN, except for real estate taxes.
The property fronts N Riverside Drive, Espanola’s main thoroughfare, where traffic exceeds 19,500 vehicles per day. Nearby retailers and restaurants include Walmart, Lowe’s, McDonald’s, Chili’s, and Starbucks, providing an established commercial setting. The lease has just under 10 years remaining and is structured as NNN, except for real estate taxes.
Key Highlights
- Single‑tenant Dairy Queen restaurant with approximately 2,241 sq. ft. of building area
- Fee‑simple ownership includes both land and building
- Approximately 0.86 acres on N Riverside Drive
Property Analytics
Current Use
Lease Details
19,500 VPD
Traffic count
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
208
Businesses Nearby
288k
Monthly Visits Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Dining 40%
Superstores 24%
Shops & Services 16%
Home Improvements & Furnishings 14%
Walmart
Superstores
68,007 visits/mo
0.3 miles
McDonald's
Dining
31,049 visits/mo
0.3 miles
Lowe's
Home Improvements & Furnishings
29,993 visits/mo
0.3 miles
Freddy's Frozen Custard & Steakburgers
Dining
22,538 visits/mo
0.3 miles
Taco Bell
Dining
17,164 visits/mo
0.2 miles
Demographics for 87532, NM
19,017
Population
8,946
Households
2.1
Avg Household Size
41
Median Age
23%
College-Educated
85%
High-School Grad
109.5 sq mi
ZIP Area
174
Density / Sq Mi
$57,077
Median Household Income
$42,365
Median Earnings
$887
Median Rent
$225,000
Median Home Value
Market
Vacancy Rate% for Retail in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Conventional restaurant - Fee-simple ownership includes the land and building, with a lease structure that places most operating responsibilities on the tenant.
Where is this conventional restaurant located?
The property is located at 1702 N Riverside Dr Espanola, NM.
What is the asking price?
The asking price for this property is $925,000.
What are key features of this property?
This property features: Single‑tenant Dairy Queen restaurant with approximately 2,241 sq. ft. of building area; Fee‑simple ownership includes both land and building; Approximately 0.86 acres on N Riverside Drive
