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Farmington, NM NNN Properties for Sale

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Red Lobster Absolute NNN Restaurant
Updated: Jun 3
Red Lobster Absolute NNN Restaurant

3451 East Main Street, Farmington, NM 87402

Contact for pricing
6,014 sqft 1.36 AC lot
Freestanding Red Lobster on a 1.36‑acre parcel with a 6,014 SF building
Absolute NNN lease structure: landlord has no maintenance or repairs responsibilities whatsoever
Corporate guaranteed lease has 13 years remaining and expires July 31, 2039
Lease includes 2% annual rent bumps and four 5‑year renewal options
Located on Main Street directly across from a Safeway‑anchored grocery center and a Home Depot power center
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Taco Bell NNN Leasehold
Updated: Jun 11
Taco Bell NNN Leasehold

4601 East Main Street, Farmington, NM 87402

Contact for pricing
3,500 sqft
Single‑tenant Taco Bell built in 1982
New 20‑year NNN lease
35+ years of established operating history
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Retail Showroom with Clear-Span Shop
Retail Showroom with Clear-Span Shop

251 SCOTT Avenue, Farmington, NM 87401

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Versatile retail showroom, office, and clear-span shop space with outdoor storage, parking, and security fencing.

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Contiguous Industrial NNN Properties
Contiguous Industrial NNN Properties

821 & 251 MAIN Street, Farmington, NM 87401

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Two separate but contiguous commercial industrial properties with long-term NNN income and leaseback potential for existing operations.

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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.

Triple Net Office Property
Triple Net Office Property

438 E Main Street, Montrose, CO 81401

$460,000
4,030 sqft 0.07 AC lot

For sale with a triple net lease in place and an additional upstairs office unit featuring a separate entrance.

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

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

Contact for pricing
3,360 sqft

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

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NNN Retail Building with Upstairs Unit
NNN Retail Building with Upstairs Unit

438 E Main St, Montrose, CO 81401

$460,000
4,030 sqft

NNN-leased commercial building with long-term tenants plus an upstairs unit with a separate entrance.

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

4405 JAGER DR NE, Rio Rancho, NM 87101

Contact for pricing
29,000 sqft

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

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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 9,514 square feet of properties for sale.

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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
87402 $3.6M

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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