Retail Center on Main
For Lease
$24 SF/Yr
5150 E Main Street, Farmington, NM 87402
20,000+- SF shopping center with excellent visibility.
Space Size990 SF
Property Size20,000 SF
Days on Market274
Property Features for 5150 E Main Street
General Information
Standard status
Active
Size
990 SF
Property subtype
Retail
Lease Term
NNN
Building Details
Building Size
20,000 SF
Year Built
2009
Spaces For Lease
at 5150 E Main Street Contact us- Size
- 990 SF
- Type
- Strip Center
- Term
- Negotiable
Suite 111 $24/SF/Yr
Listing Agency:
SVN | Walt Arnold Commercial Brokerage, Inc.
(505) 934-9994
Listed By:
Steve Lyon, CCIM · License #15729
(505) 934-9994
Source:
Svn
Added: Nov 21, 2025
Changed: Aug 8
Last Checked: Aug 22 at 4:46AM
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 SVN | Walt Arnold Commercial Brokerage, Inc.
Investment Insights
Based on property information with market context.
Ashley Plaza Center is a shopping center with 20,000+- square feet, situated on approximately 2 acres along E. Main Street, the primary retail, restaurant, and hospitality corridor serving the Four Corners trade area. The site provides two entrances, each with a deceleration lane. The property includes 302 shared parking spaces, shared with Ashley Furniture HomeStore and Blake's Lotaburger. A multi-tenant pylon sign is available for new tenants. The location offers excellent visibility to passersby. Ashley Plaza Center is positioned between Ashley Furniture and Lowe's Home Improvement to the east, and Dick's Sporting Goods, Chick fil A, and Target to the west.
Key Highlights
- Excellent visibility on E. Main Street, the main retail corridor
- Located between Ashley Furniture/Lowe's and Dick's Sporting Goods/Chick‑fil‑A/Target
- Ample parking with 302 shared spaces
Property Analytics
Property Profile
Current Use
Lease Details
NNN (Triple Net)
Lease Type
$3.60 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
458
Businesses Nearby
682k
Monthly Visits Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Dining 36%
Superstores 33%
Shops & Services 11%
Apparel 8%
Walmart
Superstores
130,863 visits/mo
0.4 miles
Target
Superstores
94,352 visits/mo
0.2 miles
Chick-fil-A
Dining
50,800 visits/mo
0.2 miles
Lowe's
Home Improvements & Furnishings
35,401 visits/mo
0.3 miles
McDonald's
Dining
34,550 visits/mo
0.4 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?
Shopping center - 20,000+- SF shopping center with excellent visibility.
Where is this shopping center located?
The property is located at 5150 E Main Street Farmington, NM.
What is the lease rate?
The lease rate is $24 SF/Yr.
What are key features of this property?
This property features: Excellent visibility on E. Main Street, the main retail corridor; Located between Ashley Furniture/Lowe's and Dick's Sporting Goods/Chick‑fil‑A/Target; Ample parking with 302 shared spaces
