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    Farmington, NM
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    Farmington, NM NNN Properties for Sale

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    NNN Industrial Property with Renovated Offices
    Updated: Aug 18
    NNN Industrial Property with Renovated Offices

    615 CARLTON Ave S, Farmington, NM 87401

    $815,000
    3.72 AC lot
    Approximately 10,892sf of improvements across three buildings on 3.72 acres
    Fully leased NNN structure with a 5‑year lease commencing 1/1/24
    9% average cap rate with 3% annual rent escalations
    Building A includes 5,600sf, including approximately 2,800sf renovated in 4/24
    Two overhead roll‑up doors serve the heated warehouse area
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    NNN Industrial Property With Office Space
    Updated: Aug 9
    NNN Industrial Property With Office Space

    615 S Carlton Ave, Farmington, NM 87401

    $815,000
    10,892 sqft 3.73 AC lot
    Approximately 10,892sf of improvements on 3.73 fully fenced industrial‑zoned acres
    NNN lease commenced 1/1/24 with a 5‑year term and 5‑year renewal option
    Building A includes 5,600sf with approximately 2,800sf of renovated office space
    Building A warehouse area includes 2 overhead roll‑up doors
    Building C provides 3,492sf of adaptable meeting, office, warehouse, and covered areas
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    Red Lobster Absolute NNN Restaurant
    Red Lobster Absolute NNN Restaurant

    3451 E Main St, Farmington, NM 87402

    $5,000,000
    6,014 sqft 1.36 AC lot

    Freestanding 1996 Red Lobster operates under an absolute NNN lease with corporate guarantee and no landlord maintenance responsibilities.

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    Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
    Taco Bell NNN Leasehold
    Taco Bell NNN Leasehold

    4601 East Main Street, Farmington, NM 87402

    Contact for pricing
    3,500 sqft

    Single-tenant Taco Bell with a new 20-year NNN lease and 35+ years of established operating history in Farmington, NM.

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    Take 5 Oil Change Auto Shop
    Take 5 Oil Change Auto Shop

    2633 East Main Street, Farmington, NM 87401

    Contact for pricing
    1,438 sqft

    New-construction automotive facility with General Commercial zoning and a long-term absolute NNN lease structure.

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    Industrial Building with Fenced Yard
    Industrial Building with Fenced Yard

    4300 HANNON Drive, Farmington, NM 87402

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    2.00 AC lot

    Tenant-occupied facility with an NNN lease in place.

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    Single-Tenant Medical Office Condo
    Single-Tenant Medical Office Condo

    6588 E Main St, Farmington, NM 87402

    Contact for pricing

    Fully leased condominium medical office with a triple-net lease structure and renewal options supporting future rent growth.

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    Retail Showroom with Clear-Span Shop
    Retail Showroom with Clear-Span Shop

    251 SCOTT Avenue, Farmington, NM 87401

    Contact for pricing

    Versatile retail showroom, office, and clear-span shop space with outdoor storage, parking, and security fencing.

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    Contiguous Industrial NNN Properties
    Contiguous Industrial NNN Properties

    821 & 251 MAIN Street, Farmington, NM 87401

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    Two separate but contiguous commercial industrial properties with long-term NNN income and leaseback potential for existing operations.

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    Based on your search, we've compiled 13 Potential Opportunities for your consideration. Besides 9 Active listings in Farmington, NM, we suggest exploring several alternatives: 4 properties in Nearby Cities

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Three-Unit NNN Commercial Property
    Three-Unit NNN Commercial Property

    33 & 35 Uncompahgre & 430 N 1st Street, Montrose, CO 81401

    $949,500
    9,500 sqft 0.21 AC lot

    Fully leased units feature private entrances and separate utility metering in a central business district setting.

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    Absolute NNN Convenience Property
    Absolute NNN Convenience Property

    320 Spruce Street, La Jara, CO 81140

    Contact for pricing
    3,396 sqft

    Convenience store and gas station leased on an absolute NNN basis with no landlord obligations.

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    NNN Convenience Store Property
    NNN Convenience Store Property

    938 S Townsend Ave, Montrose, CO 81401

    Contact for pricing
    1,710 sqft

    Absolute NNN convenience store investment along Montrose’s primary commercial corridor.

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    Family Dollar NNN Retail Property
    Family Dollar NNN Retail Property

    217 Spruce St, La Jara, CO 81140

    Contact for pricing
    9,180 sqft 1.03 AC lot

    Single-tenant retail building with an established national store occupant and limited landlord responsibilities.

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    Farmington, NM Nnn Properties Market Trends and Statistics

    Explore 9 nnn properties for sale in Farmington, NM, showcased through 9 active listings on our real estate platform. These investment opportunities span a total of 21,844 square feet of properties for sale, with an estimated market value of $6,630,000.

    Sale prices for triple net lease properties in Farmington, NM start at $815,000, averaging $2,210,000, and reaching up to $5,000,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Demographics Overview

    Population 57K
    Population Growth (5Y) +3.2%
    Median Household Income $60,037
    College Educated 27.1%

    High-Yield Neighborhoods for Investment

    Identify Farmington submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    87401 $815K
    87402 $5M

    Taxes & Financing

    Tax Rate (average for all types) 2.68%
    Property Tax per SF $50.66 per SF
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in San Juan County

    New Delisted

    Total CRE Inventory on Market (SF)

    Average Property Price per SF

    For-sale pricing trends across core commercial property types in San Juan County

    Retail

    Property Size Breakdown

    The majority of commercial real estate listings in Farmington fall within the 100,000+ square foot range.

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    Popular Searches in Farmington, NM

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    Most Searched ZIP Codes in Farmington, NM

    • 87401
    • 87402

    Featured Farmington Real Estate Agencies

    Realmo connects you with licensed Farmington CRE brokers providing property specifications, local market pricing, and commercial transaction underwriting support.

    San Juan Realty
    624 East Main Street Farmington, NM 87401
    Phone: 15053274837
    www.sanjuanrealtynm.com
    Keller Williams Farmington
    3030 East Main St., Ste A- 5 Farmington, NM 87402
    Phone: 15052788431
    www.kwfarmingtonnm.com/
    R1 New Mexico Farmington
    206 W. Main Street Farmington, NM 87401
    Phone: 19709466511
    newmexico.r1realestatepros.com/farmington

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