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Dollar General Absolute NNN Property
For Sale
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4515 Wildflower Parkway, Farmington, NM 87401

2019 construction leased to Dollar General under a long-term structure with no landlord responsibilities.

Property SizeContact for details
Days on Market146

Property Features for 4515 Wildflower Parkway

General Information

Standard status Active
Property subtype Retail

Building Details

Year Built 2019
Tenancy Single
Listing Agency: Matthews
Listed By: Josh Bishop · License #TX 688810
Source: Crexi
Added: Apr 10 Changed: Aug 31 Last Checked: Aug 30 at 2:17AM

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 Matthews

Investment Insights

Based on property information with market context.

This NNN property is occupied by Dollar General in a building completed in 2019, with rent beginning in February 2019. The lease runs for 15 years on an absolute NNN basis, placing zero landlord responsibilities on the owner under the stated terms.

The property is located at 4515 Wildflower Parkway in Farmington, New Mexico. The surrounding market includes more than 27,100 residents within 3 miles and more than 48,450 residents within 5 miles, while average household income exceeds $77,000 annually.

Dollar General has a BBB investment-grade credit rating, recently upgraded from BBB-. The company operates approximately 15,000 locations nationwide and planned to add another 900 stores in 2019.

Key Highlights

  • 2019 construction with rent commencing in February 2019
  • 15‑year absolute NNN lease
  • Zero landlord responsibilities under the stated lease structure

Property Analytics

Current Use

1031 exchange properties

Suggested Use

Top Pick Plumbing Service Kitchen & Bath Showroom

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

1
Businesses Nearby

Demographics for 87401, NM

44,724
Population
17,611
Households
2.5
Avg Household Size
34
Median Age
19%
College-Educated
88%
High-School Grad
132.8 sq mi
ZIP Area
337
Density / Sq Mi
$56,358
Median Household Income
$31,362
Median Earnings
$983
Median Rent
$202,400
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?
NNN property - 2019 construction leased to Dollar General under a long-term structure with no landlord responsibilities.
Where is this nnn property located?
The property is located at 4515 Wildflower Parkway Farmington, NM.
What are key features of this property?
This property features: 2019 construction with rent commencing in February 2019; 15‑year absolute NNN lease; Zero landlord responsibilities under the stated lease structure
More about this property
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