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Grocery-Anchored Retail Suite
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2355 Main St NE, Los Lunas, NM 87031

Available space sits within a signalized retail center serving a high-traffic intersection in Los Lunas.

Space Size8,348 SF
Days on Market336

Property Features for 2355 Main St NE

General Information

Standard status Active
Size 8,348 SF
Net Rentable 8,348 SF
Property subtype Retail

Space & Availability

Available Space 8,348 SF
Contiguous Space 8,348 SF

Site & Location

Anchor Co-Tenants Albertsons, Ross, Dollar Tree, Big 5
Traffic Count 47,000 vehicles/day

Building Details

Tenancy Multi
Listing Agency: Flanagan Investment Real Estate
Listed By: Cole Flanagan · License #48430
Source: Carnm.resimplifi
Added: Sep 29, 2025 Changed: Aug 30 Last Checked: Aug 30 at 1:21PM

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 retail suite offers approximately 8,348 square feet within Valencia Plaza, a grocery-anchored shopping center at 2355 Main St NE in Los Lunas. The center includes Albertsons, Ross, Dollar Tree, and Big 5, providing an established mix of retail tenants.

The property is positioned at the intersection of Main St and Hwy 47, where traffic counts exceed 47,000 VPD. A signalized intersection and pylon signage along both roadways support access and property identification. Nearby retailers include Smith’s, PetSmart, Walgreens, Starbucks, and O’Reilly. The surrounding market also includes residential subdivisions that are under construction, planned, or recently completed.

Key Highlights

  • Approximately 8,348 square feet of retail space
  • Located in Valencia Plaza with Albertsons, Ross, Dollar Tree, and Big 5
  • At the Main St and Hwy 47 intersection in Los Lunas

Property Analytics

Current Use

Rainbow Shops Clothing & Fashion Store

Suggested Use

Top Pick Law Firm Dental Office Building Supply 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

47,000 VPD
Traffic count
Multi-tenant
Tenancy
NNN (Triple Net)
Lease Type

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
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Frequently Asked Questions

What type of property is this?
Retail space - Available space sits within a signalized retail center serving a high-traffic intersection in Los Lunas.
Where is this retail space located?
The property is located at 2355 Main St NE Los Lunas, NM.
What are key features of this property?
This property features: Approximately 8,348 square feet of retail space; Located in Valencia Plaza with Albertsons, Ross, Dollar Tree, and Big 5; At the Main St and Hwy 47 intersection in Los Lunas
More about this property
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