Two-Tenant NNN Retail
For Sale
Contact for pricing
4906 E Main St, Farmington, NM 87402
Freestanding pad with national tenants and long-term net lease structures.
Property SizeContact for details
Days on Market144
Property Features for 4906 E Main St
General Information
Standard status
Active
Property subtype
Retail
Listing Agency:
SRS Real Estate Partners Newport Beach
(480) 221-4221
Listed By:
Matthew Mousavi · License #CA 01732226
Source:
Crexi
Added: Apr 10
Changed: Aug 30
Last Checked: Aug 30 at 4:39PM
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 SRS Real Estate Partners Newport Beach
Investment Insights
Based on property information with market context.
The property is a freestanding, two-tenant pad offered with the fee simple interest. Chipotle and Stanton Optical occupy the building under newly executed 10-year leases, with 10% rental increases every 5 years during the initial terms and option periods. Both leases are structured as net leases, with tenants reimbursing taxes, insurance, common area maintenance, and administrative fees on total common area maintenance billing.
The site occupies the corner of E. Main Street and English Road in Farmington, with access and visibility from a thoroughfare carrying over 35,000 vehicles daily. It serves as an outparcel to Target within a retail corridor that includes Walmart Supercenter, Lowe’s, Sam’s Club, Albertsons, The Home Depot, Chick-fil-A, and Dick’s Sporting Goods. Animas Valley Mall, comprising 490,000 SF, is across the street. The 5-mile trade area includes over 47,000 residents with an average household income of $73,000.
The site occupies the corner of E. Main Street and English Road in Farmington, with access and visibility from a thoroughfare carrying over 35,000 vehicles daily. It serves as an outparcel to Target within a retail corridor that includes Walmart Supercenter, Lowe’s, Sam’s Club, Albertsons, The Home Depot, Chick-fil-A, and Dick’s Sporting Goods. Animas Valley Mall, comprising 490,000 SF, is across the street. The 5-mile trade area includes over 47,000 residents with an average household income of $73,000.
Key Highlights
- Two‑tenant freestanding pad with fee simple ownership
- Chipotle and Stanton Optical each signed brand‑new 10‑year leases
- 10% rental increases every 5 years during initial terms and option periods
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
530
Businesses Nearby
979k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Superstores 34%
Dining 34%
Apparel 15%
Shops & Services 9%
Walmart
Superstores
130,863 visits/mo
0.3 miles
Sam's Club
Superstores
108,456 visits/mo
0.4 miles
Target
Superstores
94,352 visits/mo
0.2 miles
Chick-fil-A
Dining
50,800 visits/mo
0.1 miles
Dillard's
Apparel
37,235 visits/mo
0.3 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
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
NNN property - Freestanding pad with national tenants and long-term net lease structures.
Where is this nnn property located?
The property is located at 4906 E Main St Farmington, NM.
What are key features of this property?
This property features: Two‑tenant freestanding pad with fee simple ownership; Chipotle and Stanton Optical each signed brand‑new 10‑year leases; 10% rental increases every 5 years during initial terms and option periods
