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Las Vegas, NM NNN Properties for Sale

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Rociada, NM Mora, NM Cleveland, NM Holman, NM Tererro, NM Pecos, NM Chacon, NM San Jose, NM
Maintained Shopping Center with NNN Leases
Updated: Apr 8
Maintained Shopping Center with NNN Leases

1008 1012 Mills Ave, Las Vegas, NM 87701

$1,197,700
12,925 sqft
12,925‑square‑foot shopping center in Las Vegas, New Mexico
Three long‑term tenants, including Dollar General as the anchor tenant
NNN leases to the owner
Built in 2004
GC zoning in Las Vegas
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Multi-Tenant NNN Property
Updated: Jan 15
Multi-Tenant NNN Property

1608 7th St, Las Vegas, NM 87701

$2,072,000
7,400 sqft
7,400‑square‑foot multi‑tenant commercial building
10‑year absolute NNN sale‑leaseback structure
Zero landlord responsibilities under the lease structure
Renovated in 2020
Tenants include Foot & Ankle Specialist, Cricket, and Dreamz Dispensary
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Arby’s Restaurant NNN Investment
Arby’s Restaurant NNN Investment

1711 7th Street, Las Vegas, NM 87701

Contact for pricing
2,500 sqft 1.00 AC lot

Arby’s is offered for sale as a 15-year triple net lease with scheduled rent increases.

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Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
Based on your search, we've compiled 7 Potential Opportunities for your consideration. Besides 3 Active listings in Las Vegas, 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.

Multi-Tenant Mixed-Use Property
Multi-Tenant Mixed-Use Property

2 Marietta Ct, Edgewood, NM 87015

$749,000
6,400 sqft

Fully leased property combines retail and professional office suites.

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Fully Leased NNN Property
Fully Leased NNN Property

200 West San Francisco Street, Santa Fe, NM 87501

$2,841,781
9,267 sqft

Fully leased commercial asset with an established NNN structure near Santa Fe Plaza.

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NNN Commercial Building with Storage
NNN Commercial Building with Storage

3 George Ct, Edgewood, NM 87015

$520,000
3,400 sqft

Fully leased commercial property with drive-through access and additional on-site storage units.

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Office Unit with St. Francis Frontage
Office Unit with St. Francis Frontage

228 S St Francis Drive, Santa Fe, NM 87501

$750,000
2,348 sqft 0.03 AC lot

Class B office condo with seven private offices, two ADA-compliant restrooms, and a central break room.

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Las Vegas, NM Nnn Properties Market Trends and Statistics

Explore 3 nnn properties for sale in Las Vegas, NM, showcased through 3 active listings on our real estate platform. These investment opportunities span a total of 22,825 square feet of properties for sale, with an estimated market value of $3,269,700.

Sale prices for triple net lease properties in Las Vegas, NM start at $1,197,700, averaging $1,634,850, and reaching up to $2,072,000 — 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 19K
Population Growth (5Y) +15.8%
Median Household Income $48,966
College Educated 44.9%

High-Yield Neighborhoods for Investment

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

Neighborhood Average Price
87701 $1.6M

Taxes & Financing

Tax Rate (average for all types) 3.57%
Tax Rate vs County Average 0.08 pp above county avg
Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in San Miguel 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 Miguel County

Office

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