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32679017
32679018

959 Highway 314 Southwest, Los Lunas, NM 87031

TH
NM NM 14751
Team Southwest, Inc.
MN
CO 100095405
Allen Realty
BA
CO EI1186445
Allen Realty
Listed by Team Southwest, Inc., Allen Realty
$1,310,000
19 days on market
Updated 19 days ago

Los Lunas Retail Center

Details
Property Type Retail
Sub Type Storefront, Shopping Center (+1)
Square Footage 8,800
Net Rentable (SqFt) 8,800
Units 6
Cap Rate 7.56%
NOI $99,082
Occupancy 100%
Tenancy Multi
Rent Bumps Yes
Pro-Forma Cap Rate 8.09%
Pro-Forma NOI $105,975
Price per SqFt $149
Class C
Lot Size (SqFt) 31,363
Zoning Commercial
Investment Type Stabilized
Ground Lease No

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

Listing Contacts

TH
NM NM 14751
Team Southwest, Inc.
MN
CO 100095405
Allen Realty
BA
CO EI1186445
Allen Realty
Listed by Team Southwest, Inc., Allen Realty

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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$99,082.00
$8,256.83/mo

Valuation Metrics

0
DSCR
7.56%
Cap Rate
7.56%
ROI

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Additional Information

Name
Tim House
License
NM 14751
Brokerage
Team Southwest, Inc.
Brokerage Phone
5059981031
Title
Pres., Qualifying Broker
Brokerage Address
6565 Americas Parkway
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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