Multi-Tenant Retail
For Sale
Contact for pricing
813 1st St, Grants, NM 87020
Retail building with four suites, including one on month-to-month lease and others secured by multi-year leases.
Property SizeContact for details
Days on Market121
Property Features for 813 1st St
General Information
Standard status
Active
Property subtype
Retail
Building Details
Year Renovated
2022
Tenancy
Multi
Listing Agency:
Armistad Real Estate
(505) 221-6999
Listed By:
Chris Armistad · License #NM 20752
Source:
Crexi
Added: Apr 11
Changed: Aug 8
Last Checked: Jul 23 at 3:32PM
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 Armistad Real Estate
Investment Insights
Based on property information with market context.
This multi-tenant retail building includes four suites. One suite is currently leased on a month-to-month basis, while three of the four suites are occupied by long-standing tenants under multi-year leases.
Recent exterior improvements include energy-efficient LED lighting and an upgraded pylon sign. The property also benefited from citywide upgrades in 2022, including newly built sidewalks, repaved asphalt, modern plumbing and drainage systems, and new LED street lighting along 1st Street.
Positioned for steady rental income with an active leasing component, the building offers a value-add profile supported by the documented exterior and infrastructure improvements.
Recent exterior improvements include energy-efficient LED lighting and an upgraded pylon sign. The property also benefited from citywide upgrades in 2022, including newly built sidewalks, repaved asphalt, modern plumbing and drainage systems, and new LED street lighting along 1st Street.
Positioned for steady rental income with an active leasing component, the building offers a value-add profile supported by the documented exterior and infrastructure improvements.
Key Highlights
- Commercial retail building in Grants, NM with 4 suites—1 suite on a month‑to‑month lease and 3 suites on multi‑year leases
- Citywide 2022 upgrades include newly built sidewalks and repaved asphalt along 1st Street
- 2022 improvements also include modern plumbing and drainage systems and new LED street lighting on 1st Street
Property Analytics
Current Use
Lease Details
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
211
Businesses Nearby
18k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 90%
Electronics 10%
Family Dollar
Shops & Services
9,969 visits/mo
0.5 miles
Valero Energy
Shops & Services
6,048 visits/mo
0.5 miles
Verizon
Electronics
1,739 visits/mo
0.5 miles
Demographics for 87020, NM
11,471
Population
4,593
Households
2.5
Avg Household Size
38
Median Age
23%
College-Educated
85%
High-School Grad
902.0 sq mi
ZIP Area
13
Density / Sq Mi
$67,511
Median Household Income
$39,100
Median Earnings
$741
Median Rent
$154,900
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?
Retail space - Retail building with four suites, including one on month-to-month lease and others secured by multi-year leases.
Where is this retail space located?
The property is located at 813 1st St Grants, NM.
What are key features of this property?
This property features: Commercial retail building in Grants, NM with 4 suites—1 suite on a month‑to‑month lease and 3 suites on multi‑year leases; Citywide 2022 upgrades include newly built sidewalks and repaved asphalt along 1st Street; 2022 improvements also include modern plumbing and drainage systems and new LED street lighting on 1st Street
