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Belen, NM NNN Properties for Sale

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Los Lunas, NM Veguita, NM Socorro, NM Bernardo, NM Tome, NM Jarales, NM Bosque, NM Las Cruces, NM
Freestanding Walgreens in Belen, NM
Updated: Mar 3
Freestanding Walgreens in Belen, NM

315 N Main St, Belen, NM 87002

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14,259 sqft 1.56 AC lot
Absolute NNN lease with Walgreens Co. and over 10 years of firm lease term remaining, offering a secure and passive income stream with no landlord responsibilities.
Strong Reported Sales and a solid 7.0% cap rate**, indicating a lucrative investment opportunity.
High‑visibility corner location with significant traffic counts** and minimal competition (closest Walgreens is over 12 miles away).
Freestanding 14,259 SF retail property with a drive‑thru, enhancing customer convenience.
Strategic positioning within the Albuquerque MSA, benefiting from regional economic growth and a commuter population.
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Based on your search, we've compiled 5 Potential Opportunities for your consideration. Besides 1 Active listings in Belen, NM, we suggest exploring several alternatives: 4 properties in Nearby Cities

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Stand-Alone Sale-Leaseback Commercial Building
Stand-Alone Sale-Leaseback Commercial Building

2207 Golf Course Rd. SE, Rio Rancho, NM 87124

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3,360 sqft

NNN sale-leaseback asset with stand-alone visibility and access along a primary Rio Rancho corridor.

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Dollar Tree-Anchored Retail Center
Dollar Tree-Anchored Retail Center

4405 JAGER DR NE, Rio Rancho, NM 87101

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29,000 sqft

100% leased NNN retail center anchored by Dollar Tree, offering stable in-place tenancy for retail investors.

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Triple-Net Drug Store Investment
Triple-Net Drug Store Investment

10300 Central Ave SE, Albuquerque, NM 87123

$4,500,000

Absolute triple-net lease anchored by Walgreens through March 31, 2031, with flexibility for redevelopment or subdivision.

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Freestanding Drive-Thru Restaurant Investment
Freestanding Drive-Thru Restaurant Investment

3550 Isleta Blvd SW, Albuquerque, NM 87105

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2,464 sqft

NNN leased drive-thru restaurant in Albuquerque's South Valley.

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Belen, NM Nnn Properties Market Trends and Statistics

Explore 1 nnn properties for sale in Belen, NM on our real estate platform. These investment opportunities span a total of 14,259 square feet of properties for sale.

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Demographics Overview

Population 21K
Population Growth (5Y) -1.5%
Median Household Income $51,537
College Educated 25.3%

High-Yield Neighborhoods for Investment

Identify Belen submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood Average Price
87002 $4.7M

Taxes & Financing

Tax Rate (average for all types) 3.17%
Property Tax per SF $64.44 per SF
Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Valencia County

New Delisted

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