Listing Agency: Base 5 Retail Partners

Listed By: David Chavez · License #18472QB Show Phone

Source: Carnm.resimplifi

Added: Mar 1 Changed: Sep 13 Last Checked: Sep 14 at 6:39AM

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Investment Insights

Based on property information with market context.

The property is strategically positioned across from a Walmart Supercenter and Lowe’s within the Española, New Mexico trade area. Española serves smaller communities within a 20-mile radius.

Key Highlights

• Strategically positioned across from Walmart Supercenter
• Located across from Lowe’s
• In the Española NM trade area

Property Analytics

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Current Use

Retail properties & Spaces

Suggested Use

Top Pick Real Estate Agency Storage Facility Garden Center Kitchen & Bath Showroom HVAC Service (Bike/Boat/Book/etc) Store

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

Trade Area within ½ mile

304

Businesses Nearby

344k

Monthly Visits Nearby

Explore this area Business Placement

Foot Traffic Nearby

Dining 39% Superstores 20% Shops & Services 16% Home Improvements & Furnishings 11%

Walmart Superstores

68,007 visits/mo 0.3 miles

McDonald's Dining

31,049 visits/mo 0.0 miles

Lowe's Home Improvements & Furnishings

29,993 visits/mo 0.2 miles

Food King Groceries

26,449 visits/mo 0.5 miles

Freddy's Frozen Custard & Steakburgers Dining

22,538 visits/mo 0.1 miles

Demographics for 87532, NM

19,017

Population

8,946

Households

2.1

Avg Household Size

41

Median Age

23%

College-Educated

85%

High-School Grad

109.5 sq mi

ZIP Area

174

Density / Sq Mi

$57,077

Median Household Income

$42,365

Median Earnings

$887

Median Rent

$225,000

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

Questions? Ask Rey

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What type of property is this? Where is this retail properties & spaces located? What is the lease rate? Find similar properties What are key features of this property?

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Frequently Asked Questions

What type of property is this?

Retail property - Retail space strategically located near Walmart and Lowe’s.

Where is this retail property located?

The property is located at 1321 N Riverside Dr Espanola, NM.

What are key features of this property?

This property features: Strategically positioned across from Walmart Supercenter; Located across from Lowe’s; In the Española NM trade area