1600 Hwy, Gallup, NM 87301
This exceptional 110,593 square foot shopping center presents a compelling investment opportunity. Strategically located on Highway 66 in the heart of Gallup, New Mexico, this multi-tenant property boasts an Albertson's grocery store as its anchor tenant, ensuring consistent foot traffic and strong visibility. The center features ample parking for convenient customer access and highly visible shop spaces ideal for a variety of retail businesses. The property's zoning designation is HC - Heavy Commercial, allowing for a wide range of commercial uses. The location on Highway 66 provides excellent exposure to a high volume of daily traffic, maximizing the potential for business growth. Further enhancing its appeal, pylon signage opportunities are available, providing exceptional branding potential for tenants. The presence of strong national co-tenancy in the surrounding corridor adds to the overall desirability and stability of this investment. This property offers a unique blend of established tenancy, prime location, and excellent visibility, making it an attractive prospect for investors seeking a stable and high-traffic retail investment in a thriving New Mexico market. The property is situated in McKinley County.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.