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    Farmington, NM
    NNN

    Farmington, NM NNN Properties for Sale

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    Leased NNN Industrial Property
    Updated: Aug 18
    Leased NNN Industrial Property

    615 CARLTON Ave S, Farmington, NM 87401

    $815,000
    3.28 AC lot
    Fully leased NNN industrial property with a 9% cap rate
    Approximately 10,892 square feet of improvements across three buildings
    Five‑year lease began January 1, 2024, with two five‑year renewal options
    3% annual rent escalations
    Building A includes 5,600 square feet, with 2,800 square feet renovated in April 2024
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    NNN Industrial Property With Office Space
    Updated: Jun 3
    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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    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.

    Absolute NNN Restaurant Property
    Absolute NNN Restaurant Property

    3301 Coors Blvd NW, Albuquerque, NM 87120

    $1,741,000
    3,588 sqft

    Franchise-operated restaurant tenancy includes renewal options and scheduled rent escalations.

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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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    7 Brew NNN Coffee Property
    7 Brew NNN Coffee Property

    3835 Coors Blvd NW, Albuquerque, NM 87120

    $1,830,550

    The absolute NNN lease includes scheduled rent increases and four renewal options.

    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)

    Property Size Breakdown

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

    How Realmo verifies these figures

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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: (505) 327-4837
    www.sanjuanrealtynm.com
    Coldwell Banker Cornerstone Realty
    802 E. 20th Farmington, NM 87401
    Phone: (970) 660-5323
    www.cbcornerstonerealty.com
    Keller Williams Farmington
    3030 East Main St., Ste A- 5 Farmington, NM 87402
    Phone: (505) 278-8431
    www.kwfarmingtonnm.com/
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