905 Us-491 Gallup, NM 87301
- Retail properties
- 45,792 SF
Current Use by Public Records
- Retail properties
Property Details for 905 Us-491
- Property size
- 45,792 SF
- Property type
- Retail properties
Description
El Mercado Plaza, a Class B retail center totaling 45,792 square feet, presents a compelling investment opportunity in Gallup, New Mexico's thriving NW New Mexico submarket. Strategically located on Highway 491, this multi-tenant property enjoys a high-traffic location within Gallup's main retail corridor. The center boasts two suites, with a minimum divisible space of 1,000 square feet and currently offers six available spaces ranging from 892 to 2,800 square feet. Its strong tenant mix includes established national brands such as Harbor Freight, Little Caesars Pizza, and Wing Stop, ensuring consistent foot traffic and visibility. The plaza benefits from its proximity to other major retailers, including Walmart, Home Depot, Marshalls, and McDonald's, further enhancing its appeal and potential for success. The property is zoned Commercial and offers excellent access via its convenient location on Highway 491 and its cross street, Metro Drive. This is an exceptional opportunity to secure retail space in a high-demand location with established anchors and significant potential for growth. The property's size and flexible suite options cater to a variety of retail businesses seeking a prominent presence in Gallup's bustling commercial district.
Value Estimation
-
CAP approach
-
Comparable approach
-
Alternative Use
Location Insight
- Map
- Local Demand
- City
- Gallup
- County
- Mckinley
- State
- New Mexico
- Longitude
- -108.759
- Latitude
- 35.5347
