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Taco Bell NNN Leasehold
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4601 East Main Street, Farmington, NM 87402

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

Property Size3,500 SF
Price / SF$1,017
Days on Market56

Property Features for 4601 East Main Street

General Information

Standard status Active
Size 3,500 SF
Property subtype Retail

Additional Details

Business Included Yes

Building Details

Year Built 1982
Listing Agency: Stream Capital Partners
Listed By: Jordan Koeppel · License #NY 10401317069
Source: Crexi
Added: Jun 11 Changed: Jul 10 Last Checked: Aug 3 at 4:11AM

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 Stream Capital Partners

Investment Insights

Based on property information with market context.

This offering features a single-tenant Taco Bell restaurant under an NNN lease structure, marketed with a new 20-year term. The property is listed with a total size of 3,500 square feet and is presented as a specialty, restaurant-use asset with long-term continuity indicated by 35+ years of operating history.

The property is located at 4601 East Main Street in Farmington, New Mexico. The address provides straightforward access for tenants, customers, and future operators, and the restaurant is positioned as a dedicated site for Taco Bell operations within the surrounding market.

For buyers seeking a stabilized, purpose-built restaurant asset, the key consideration here is the combination of a new 20-year NNN lease and the property’s demonstrated, ongoing restaurant use over 35+ years. The NNN format shifts many building operating expenses to the tenant, aligning with the needs of investors and owner-operators focused on lease-backed cash-flow characteristics rather than near-term repositioning. The seller’s stated focus on a long, renewed term is the primary driver of long-horizon certainty for this type of retail/restaurant investment.

Key Highlights

  • Single‑tenant Taco Bell built in 1982
  • New 20‑year NNN lease
  • 35+ years of established operating history

Property Analytics

Current Use

JCPenney Department Store Buckle Youth Clothing Store Aéropostale Clothing Store Hot Topic Clothing Store rue21 Clothing Store

Suggested Use

Top Pick Law Firm HVAC Service Building Supply Parking Lot & Garage Real Estate Agency 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

Turnkey business
Opportunity

Location Intelligence

Trade Area within ½ mile

539
Businesses Nearby
871k
Monthly Visits Nearby

Foot Traffic Nearby

Superstores 38% Dining 31% Apparel 13% Shops & Services 13%
Walmart Superstores
130,863 visits/mo 0.3 miles
Sam's Club Superstores
108,456 visits/mo 0.2 miles
Target Superstores
94,352 visits/mo 0.5 miles
Chick-fil-A Dining
50,800 visits/mo 0.5 miles
Dillard's Apparel
37,235 visits/mo 0.2 miles

Demographics for 87402, NM

11,646
Population
4,146
Households
2.8
Avg Household Size
38
Median Age
28%
College-Educated
92%
High-School Grad
15.5 sq mi
ZIP Area
751
Density / Sq Mi
$76,992
Median Household Income
$43,958
Median Earnings
$1,042
Median Rent
$269,100
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 - Single-tenant Taco Bell with a new 20-year NNN lease and 35+ years of established operating history in Farmington, NM.
Where is this nnn property located?
The property is located at 4601 East Main Street Farmington, NM.
What is the asking price?
The asking price for this property is $3,561,905.
What are key features of this property?
This property features: Single‑tenant Taco Bell built in 1982; New 20‑year NNN lease; 35+ years of established operating history
More about this property
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