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    Farmington, NM NNN Properties for Sale

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    NNN Industrial Property with Renovated Offices
    Updated: Aug 18
    NNN Industrial Property with Renovated Offices

    615 CARLTON Ave S, Farmington, NM 87401

    $815,000
    3.72 AC lot
    Approximately 10,892sf of improvements across three buildings on 3.72 acres
    Fully leased NNN structure with a 5‑year lease commencing 1/1/24
    9% average cap rate with 3% annual rent escalations
    Building A includes 5,600sf, including approximately 2,800sf renovated in 4/24
    Two overhead roll‑up doors serve the heated warehouse area
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    NNN Industrial Property With Office Space
    Updated: Aug 9
    NNN Industrial Property With Office Space

    615 S Carlton Ave, Farmington, NM 87401

    $815,000
    9,692 sqft 3.73 AC lot
    Approximately 10,892sf of improvements on 3.73 fully fenced industrial‑zoned acres
    NNN lease commenced 1/1/24 with a 5‑year term and 5‑year renewal option
    Building A includes 5,600sf with approximately 2,800sf of renovated office space
    Building A warehouse area includes 2 overhead roll‑up doors
    Building C provides 3,492sf of adaptable meeting, office, warehouse, and covered areas
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    Red Lobster Absolute NNN Restaurant
    Red Lobster Absolute NNN Restaurant

    3451 E Main St, Farmington, NM 87402

    $5,000,000
    6,014 sqft 1.36 AC lot

    Freestanding 1996 Red Lobster operates under an absolute NNN lease with corporate guarantee and no landlord maintenance responsibilities.

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    Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
    Taco Bell NNN Leasehold
    Taco Bell NNN Leasehold

    4601 East Main Street, Farmington, NM 87402

    Contact for pricing
    3,500 sqft

    Single-tenant Taco Bell with a new 20-year NNN lease and 35+ years of established operating history in Farmington, NM.

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    Based on your search, we've compiled 8 Potential Opportunities for your consideration. Besides 4 Active listings in Farmington, 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.

    Three-Unit NNN Commercial Property
    Three-Unit NNN Commercial Property

    33 & 35 Uncompahgre & 430 N 1st Street, Montrose, CO 81401

    $949,500
    9,500 sqft 0.21 AC lot

    Fully leased units feature private entrances and separate utility metering in a central business district setting.

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

    4405 Jager Dr NE, Rio Rancho, NM 87144

    $6,573,720
    29,000 sqft

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

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    NNN Retail Strip Center
    NNN Retail Strip Center

    1630 Rio Rancho Blvd SE, Rio Rancho, NM 87124

    $3,229,792
    11,973 sqft 1.03 AC lot

    Fully leased center with four NNN leases and scheduled annual rent increases.

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    NNN Convenience Store Property
    NNN Convenience Store Property

    938 S Townsend Ave, Montrose, CO 81401

    Contact for pricing
    1,710 sqft

    Absolute NNN convenience store investment along Montrose’s primary commercial corridor.

    View details

    Farmington, NM Nnn Properties Market Trends and Statistics

    Explore 4 nnn properties for sale in Farmington, NM, showcased through 4 active listings on our real estate platform. These investment opportunities span a total of 19,206 square feet of properties for sale, with an estimated market value of $6,630,000.

    Sale prices for triple net lease properties in Farmington, NM start at $815,000, averaging $2,210,000, and reaching up to $5,000,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Demographics Overview

    Population 57K
    Population Growth (5Y) +3.2%
    Median Household Income $60,037
    College Educated 27.1%

    High-Yield Neighborhoods for Investment

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

    Neighborhood Average Price
    87401 $815K
    87402 $5M

    Taxes & Financing

    Tax Rate (average for all types) 2.68%
    Property Tax per SF $50.66 per SF
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in San Juan County

    New Delisted

    Total CRE Inventory on Market (SF)

    Average Property Price per SF

    For-sale pricing trends across core commercial property types in San Juan County

    Retail

    Property Size Breakdown

    The majority of commercial real estate listings in Farmington fall within the 100,000+ square foot range.

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    Popular Searches in Farmington, NM

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    Most Searched ZIP Codes in Farmington, NM

    • 87401
    • 87402

    Featured Farmington Real Estate Agencies

    Realmo connects you with licensed Farmington CRE brokers providing property specifications, local market pricing, and commercial transaction underwriting support.

    San Juan Realty
    624 East Main Street Farmington, NM 87401
    Phone: 15053274837
    www.sanjuanrealtynm.com
    Keller Williams Farmington
    3030 East Main St., Ste A- 5 Farmington, NM 87402
    Phone: 15052788431
    www.kwfarmingtonnm.com/
    R1 New Mexico Farmington
    206 W. Main Street Farmington, NM 87401
    Phone: 19709466511
    newmexico.r1realestatepros.com/farmington

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