Walgreens Drug
811 Paseo Del Pueblo Sur, Taos, NM 87571
For Sale
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The property is covered by a triple-net lease with scheduled rent increases.
Property Size16,224 SF
Lot Size2.08 Acres
Price / SF$317.84
Days on Market37
Property Features for 811 Paseo Del Pueblo Sur
General Information
Standard status
Size
Lot size
Property subtype
Additional Details
Gross Income
Tenant in Place
Building Details
Tenancy
Listing Agency:
SURMOUNT
Listed By:
Glen Kunofsky · License NY 49KU1129178
(332) 345-4222
Source:
Crexi
Added: Oct 5
Changed: Nov 8
Last Checked: Nov 10 at 6:16AM
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 SURMOUNT
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Investment Insights
Based on property information with market context.
The Walgreens drug store comprises approximately 16,224 rentable square feet on an estimated 2.08-acre parcel. The property is leased under a 15-year triple-net agreement that began on February 22, 2024, with rent increases of 5.00% every five years.
Located at 811 Paseo Del Pueblo Sur in Taos, New Mexico, the property combines a retail building with a substantial land parcel.
Located at 811 Paseo Del Pueblo Sur in Taos, New Mexico, the property combines a retail building with a substantial land parcel.
Key Highlights
- Approximately 16,224 rentable square feet on an estimated 2.08‑acre parcel
- 15‑year triple‑net lease commenced 2/22/2024
- Scheduled rent increases of 5.00% every 5 years
Property Analytics
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Current Use
Lease Details
Single-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
710
Businesses Nearby
147k
Monthly Visits Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Superstores 37%
Shops & Services 25%
Groceries 23%
Dining 7%
Walmart
Superstores
53,879 visits/mo
0.3 miles
Albertsons
Groceries
34,185 visits/mo
0.2 miles
Dollar Tree
Shops & Services
11,465 visits/mo
0.0 miles
Speedway
Shops & Services
9,287 visits/mo
0.2 miles
Baskin-Robbins
Dining
7,120 visits/mo
0.1 miles
Demographics for 87571, NM
11,650
Population
7,038
Households
1.7
Avg Household Size
50
Median Age
44%
College-Educated
92%
High-School Grad
157.7 sq mi
ZIP Area
74
Density / Sq Mi
$55,833
Median Household Income
$27,254
Median Earnings
$1,006
Median Rent
$416,800
Median Home Value
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Market
Vacancy Rate% for Retail in West region
Similar Off Market Nearby
- Walmart Pharmacy — 926 Paseo Del Pueblo Sur, Taos, NM 87571
- Walgreens Pharmacy — 811 Paseo Del Pueblo Sur, Taos, NM 87571
- Jeniffer Sylvester, RPH — 811 Paseo Del Pueblo Sur, Taos, NM 87571
- Jacob M. Gonzales, PharmD — 811 Paseo Del Pueblo Sur, Taos, NM 87571
- Gerald Quintana, RPH — 811 Paseo Del Pueblo Sur, Taos, NM 87571
Frequently Asked Questions
What type of property is this?
Drug store - The property is covered by a triple-net lease with scheduled rent increases.
Where is this drug store located?
The property is located at 811 Paseo Del Pueblo Sur Taos, NM.
What is the asking price?
The asking price for this property is $5,156,600.
What are key features of this property?
This property features: Approximately 16,224 rentable square feet on an estimated 2.08‑acre parcel; 15‑year triple‑net lease commenced 2/22/2024; Scheduled rent increases of 5.00% every 5 years
