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Bank Building with Drive-Through
New
For Lease
$595,000

509 Franklin Street, Hatch, NM 87937

A single-story plan combines a public reception area with private offices and support rooms.

Space Size2,084 SF
Lot Size0.63 Acres
Days on Market3

Property Features for 509 Franklin Street

General Information

Standard status Active
Size 2,084 SF
Net Rentable 2,084 SF
Lot size 0.63 Acres
Property subtype Commercial

Space & Availability

Available Space 2,084 SF
Contiguous Space 2,084 SF

Amenities

lobby/reception area
private offices
workroom
kitchen/break room
restrooms
built-in cabinetry
large entry windows
tile and carpet flooring
paved parking
landscaped frontage
sidewalks
covered former bank drive-through with multiple lanes

Building Details

Year Built 1996
Stories 1
Building Size 2,084 SF
Construction metal frame
Listing Agency: Mesa Flats Realty
Listed By: Joel Gilbert · License #REC20230006
Source: Mesaflatsrealty
Added: Nov 4 Last Checked: Nov 4 at 2:48PM

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 Mesa Flats Realty

Rey
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Investment Insights

Based on property information with market context.

Built in 1996, this single-story bank property contains approximately 2,084 square feet on a 0.63-acre corner parcel in Hatch. Interior areas include a lobby and reception zone, private offices, a workroom, a kitchen and break area, restrooms, and built-in cabinetry. Windows at the entrance bring natural light inside, with tile and carpet flooring across the spaces. A covered drive-through structure remains outside; county records assign it approximately 1,206 square feet of canopy area, separate from the enclosed building.

The site includes paved parking, landscaped frontage, and sidewalks. The former bank drive-through has multiple lanes. The property is offered as real estate only; businesses are not included.

Key Highlights

  • 2,084 square feet of enclosed building area on approximately 0.63 acres
  • Built in 1996 as a bank
  • Separate canopy area of approximately 1,206 square feet

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Banks

Suggested Use

Top Pick Plumbing Service Electrical Service Bakery (Bike/Boat/Book/etc) Store Pharmacy 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

NNN (Triple Net)
Lease Type

Location Intelligence

Demographics for 87937, NM

3,009
Population
1,123
Households
2.7
Avg Household Size
31
Median Age
7%
College-Educated
56%
High-School Grad
174.3 sq mi
ZIP Area
17
Density / Sq Mi
$39,250
Median Household Income
$29,419
Median Earnings
$474
Median Rent
$102,000
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

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

Frequently Asked Questions

What type of property is this?
Bank - A single-story plan combines a public reception area with private offices and support rooms.
Where is this bank located?
The property is located at 509 Franklin Street Hatch, NM.
What is the lease rate?
The lease rate is $595,000.
What are key features of this property?
This property features: 2,084 square feet of enclosed building area on approximately 0.63 acres; Built in 1996 as a bank; Separate canopy area of approximately 1,206 square feet
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