Los Lunas Retail Center
Retail | 7.56% CAP | 8,800 SqFt
Marketing description
Positioned along the highly traveled New Mexico State Road 314 corridor in Los Lunas with over 13,700 cars per day, this well-maintained single-story retail center offers a stable, fully leased investment opportunity in one of Valencia County's primary commercial corridors. The 8,800-square-foot building is currently occupied by five established tenants, providing a diversified and steady income stream.
The tenant mix includes Goodfellas Pizza, along with service-oriented users such as a hair stylist, construction company, and gaming retailer—driving consistent daily traffic and neighborhood engagement. The property benefits from strong visibility, convenient access, and proximity to surrounding residential growth.
With competitive in-place rents and full occupancy, the asset offers reliable cash flow with potential upside through future rent growth and conversion of two leases to NNN.
Los Lunas is a friendly, pro-development community located 20 minutes from downtown Albuquerque, 15 minutes from the International Sunport and easily accessed off the major I-25 interstate that runs north and south through the state of New Mexico.
Over the past 40 years, Los Lunas has had a population increase of over a thousand percent making us one of the fastest growing communities in New Mexico with 17,000 strong. This is no doubt due to our ease of doing business where not only do we offer competitive incentives but we proudly boast a fast, 2-4-week maximum approval process for commercial and residential plans as well as building permits. Just ask Meta (Facebook), Niagara Bottling, Wall Colmonoy, Fresenius Kidney Manufacturing, Accurate Machine & Tool or any of our other economic-base companies and national retailers. We might look like a small community but with over 2,000 acres of available commercial land across three business parks with direct access to two major interstates, there are big possibilities to be had here.
Investment highlights
- Fully leased with diversified tenant base
- Competitive rental rates with potential for future growth
- Strong frontage along New Mexico State Road 314
- Local-serving retail with consistent traffic drivers
- Proximity to expanding residential areas
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