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NNN Dollar Tree Retail Property
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2341 Main St NE, Los Lunas, NM 87031

Retail store beside Albertsons with a pylon sign visible from Highway 47 and Main Street.

Property SizeContact for details
Days on Market142

Property Features for 2341 Main St NE

General Information

Standard status Active
Property subtype Retail

Site & Location

Pylon Signage Yes
Anchor Co-Tenants Albertsons

Building Details

Year Built 2020
Tenancy Single
Listing Agency: Marcus & Millichap - Los Angeles
Listed By: Ara Rostamian · License #CA 01814678
Source: Crexi
Added: Apr 12 Changed: Aug 31 Last Checked: Aug 29 at 6:51PM

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 Marcus & Millichap - Los Angeles

Investment Insights

Based on property information with market context.

The Dollar Tree store at 2341 Main St NE opened in 2020 and is subject to a NNN lease with more than 5.7 years remaining. The lease includes two additional five-year extension options and provides for scheduled rent increases. Dollar Tree, Inc. operates the store and carries a BBB rating from S&P.

The property is positioned next to the Los Lunas Albertsons supermarket within a retail corridor that includes Ross, Big 5, Smith’s, Ace Hardware, Walgreens, Taco Bell, Starbucks, Burger King, Pizza Hut, US Bank, O’Reilly Auto Parts, and AutoZone. A pylon sign is visible from Highway 47 and Main Street, where traffic counts exceed 40,000 cars per day. Los Lunas is located 20 miles south of Albuquerque and has more than 42,700 residents within a five-mile radius.

Key Highlights

  • Dollar Tree store opened in 2020
  • More than 5.7 years remaining on the lease term
  • Two additional five‑year extension options

Property Analytics

Current Use

Retail space

Suggested Use

Top Pick Law Firm Building Supply Dental Office Kitchen & Bath Showroom Big Box & Wholesale Store Plumbing Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Single-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

383
Businesses Nearby
254k
Monthly Visits Nearby

Foot Traffic Nearby

Groceries 32% Dining 31% Apparel 17% Shops & Services 14%
Albertsons Groceries
46,589 visits/mo 0.1 miles
Smith's Groceries
34,578 visits/mo 0.3 miles
Ross Dress for Less Apparel
32,365 visits/mo 0.1 miles
Dion's Pizza Dining
21,385 visits/mo 0.4 miles
Dollar Tree Shops & Services
15,679 visits/mo 0.1 miles

Demographics for 87031, NM

45,208
Population
16,917
Households
2.7
Avg Household Size
37
Median Age
21%
College-Educated
85%
High-School Grad
255.5 sq mi
ZIP Area
177
Density / Sq Mi
$61,947
Median Household Income
$34,167
Median Earnings
$1,083
Median Rent
$206,600
Median Home Value

Market

Vacancy Rate% for Retail in West region

7% 2020
6.3% 2021
5.5% 2022
5.3% 2023
5.5% 2024
5.8% 2025
Rey
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Frequently Asked Questions

What type of property is this?
NNN property - Retail store beside Albertsons with a pylon sign visible from Highway 47 and Main Street.
Where is this nnn property located?
The property is located at 2341 Main St NE Los Lunas, NM.
What are key features of this property?
This property features: Dollar Tree store opened in 2020; More than 5.7 years remaining on the lease term; Two additional five‑year extension options
(213) 943-1781 Call to check price and availability
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