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Property profile & analytics
OFF-MARKET
Neighborhood centers

1245 Apache St Farmington, NM 87401

18,196 SF
Property ID
Property summary
AI-generated overview

This exceptional retail investment opportunity is located at 1245 W Apache St, Farmington, NM 87401. The property, a 18,196 square foot strip center built in 2017, boasts a highly desirable location adjacent to a thriving Walmart Supercenter. This ensures high visibility and significant foot traffic for potential tenants. The center currently features a strong mix of co-tenants, including Verizon, Metro PCS, Cricket Wireless, and Durango Joe's, creating a synergistic retail environment. Three spaces are currently available, ranging in size from 1,200 to 4,550 square feet, offering flexibility for various retail concepts. The property benefits from its proximity to Navajo Preparatory School, further enhancing its appeal and potential customer base. The surrounding area demonstrates strong demographics, with approximately 41,351 people residing within a 5-mile radius. This presents a significant opportunity to capitalize on an underserved retail market. The property's modern construction and strategic location make it an ideal investment for both seasoned and emerging retail investors seeking a high-return opportunity in a growing New Mexico market. The property is situated in San Juan County and offers multiple tenancy options.

Property profile
Verified
Property type Neighborhood centers
Total area 18,196 SF
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Durango Joes Coffee Cafe & Coffee Shop
  • Metro by T-Mobile Telecommunications Service
  • Cricket Wireless Authorized Retailer Mobile Phone Store Electronics & Wireless Store
  • OneMain Financial Loan Service
  • Verizon Electronics & Wireless Store
Value estimations
Realmo proprietary · 4 methods
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Blend (final) Blend
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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