1245 Apache St Farmington, NM 87401
- Neighborhood centers
- 18,196 SF
Current Use by Public Records
- Durango Joes Coffee / Coffee Shop
- Metro by T-Mobile / Telecommunications Service Provider / Cell Phone Accessory Store
- Cricket Wireless Authorized Retailer / Cell Phone Store
- OneMain Financial / Loan Agency
- Verizon / Cell Phone Accessory Store / Cell Phone Store
Property Details for 1245 Apache St
- Property size
- 18,196 SF
- Property type
- Neighborhood centers
- Property subtype
- Retail properties
Description
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.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Farmington
- County
- San Juan
- State
- New Mexico
- Longitude
- -108.229
- Latitude
- 36.7332
