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Junior Anchor Retail Space
For Lease
$10 SF/Yr

900 US-491, Gallup, NM 87301

Grocery-anchored shopping center space with multiple access points and neighboring grocery and fast-food businesses.

Space SizeContact for details
Days on Market214

Property Features for 900 US-491

General Information

Standard status Active
Property subtype Retail
Lease Type NNN

Spaces For Lease

at 900 US-491 Contact us

Available Space $10/Mo

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Listing Agency: CBRE
Listed By: Jim Dountas · License #45995
Source: Carnm.resimplifi
Added: Feb 1 Changed: Aug 31 Last Checked: Sep 2 at 1:21PM

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 CBRE

Investment Insights

Based on property information with market context.

Retail space within a grocery-anchored shopping center at 900 US-491 in Gallup, New Mexico. The junior anchor area contains approximately 28,000 SF and can be demised into spaces ranging from 10,000 to 18,000 SF, providing flexibility for larger-format retail occupancy.

The center is positioned near Interstate 40 and NM Hwy 491, with multiple full-access points. Traffic counts are reported at 29,296 VPD on Interstate 40 and 20,307 VPD on NM Hwy 491. Surrounding businesses include grocery and fast-food uses, while the property recorded 4.7 million visits during the last 12 months. Gallup’s trade area serves more than 120,000 people, including residents of surrounding reservations and communities.

Key Highlights

  • Approximately 28,000 SF of retail space, demisable from 10,000–18,000 SF
  • Grocery‑anchored shopping center with neighboring grocery and fast‑food businesses
  • 4.7 million visits during the last 12 months

Property Analytics

Current Use

Retail space

Suggested Use

Top Pick Storage Facility (Bike/Boat/Book/etc) Store Butcher Gym & Fitness Center Garden Center Daycare Center

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
$1.50 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

441
Businesses Nearby

Demographics for 87301, NM

22,438
Population
7,776
Households
2.9
Avg Household Size
35
Median Age
23%
College-Educated
89%
High-School Grad
39.5 sq mi
ZIP Area
568
Density / Sq Mi
$58,302
Median Household Income
$35,574
Median Earnings
$858
Median Rent
$134,700
Median Home Value

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
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Frequently Asked Questions

What type of property is this?
Retail space - Grocery-anchored shopping center space with multiple access points and neighboring grocery and fast-food businesses.
Where is this retail space located?
The property is located at 900 US-491 Gallup, NM.
What is the lease rate?
The lease rate is $10 SF/Yr.
What are key features of this property?
This property features: Approximately 28,000 SF of retail space, demisable from 10,000–18,000 SF; Grocery‑anchored shopping center with neighboring grocery and fast‑food businesses; 4.7 million visits during the last 12 months
More about this property
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