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Property profile & analytics
OFF-MARKET
Neighborhood centers

1500 Main St Los Lunas, NM 87031

22,678 SF 5000 ac lot
Property ID
US61-0767369
Property summary
AI-generated overview

This exceptional 22,678 square foot retail property, situated on a 1.8-acre lot (5,000 total land acres), presents a compelling investment opportunity. Currently occupied by a national tenant, this single-tenant strip center boasts a prime location within the thriving Los Lunas Retail Center. The property benefits from high visibility due to its proximity to a signalized intersection and the availability of pylon signage, maximizing marketing potential. Its strategic adjacency to a Lowe's store ensures significant foot traffic and brand recognition. The building's substantial size offers ample space for a variety of retail uses, while the expansive lot provides ample parking and potential for future expansion. This is an ideal opportunity for investors seeking a stable, high-traffic retail investment in a rapidly growing market. The property's location within the established Los Lunas Retail Center guarantees a strong tenant base and consistent revenue streams. The combination of a national tenant, excellent visibility, and a desirable location makes this property a truly exceptional investment prospect. The property's size and location offer significant potential for long-term growth and profitability. This is a rare opportunity to acquire a well-positioned retail property in a dynamic market.

Property profile
Verified
Property type Neighborhood centers
Total area 22,678 SF
Lot 5000 ac (217,800,000 SF)
UPID US61-0767369
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
  • Maurices Clothing & Fashion Store
  • Famous Footwear Clothing & Fashion Store (Bike/Boat/Book/etc) Store
  • Hibbett sports Clothing & Fashion Store (Bike/Boat/Book/etc) Store
  • rue21 Women'S Clothing Store Clothing 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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