Espanola, NM Land Space For Lease

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Land for Lease

Espanola, NM 87532

Tsay Corporation holds a master lease on over 200 acres of land on the Ohkay Owingeh Pueblo. They have allocated resources to update and redevelop some of their current structures on the site (see project list below). Tsay Corp is also opening up the site to allow outside developers, tenants, and retailers to lease ground space around these projects. This site is large enough to accommodate both Junior and large Box retailers, office, retail, industrial, hospitality, and multi-family development. Currently the site contains several office buildings, the Ohkay Travel Center, the Ohkay Owingeh Casino, the Ohkay Conference Center and a few small retailers. Large parcels of land are available next to the Ohkay Owingeh Airport that have been designated for industrial tenants.

Current Approved Projects:

*Complete renovation of the Ohkay Travel Center to include two new restaurant suites-Project to start Q3 2019

*Updating & Renovation of several hotel rooms at the Ohkay Casino-Completed in 2018

*Updating & Renovating the Ohkay Casino to include a new restaurant and night club-Renovations currently underway.

Land for Lease

Espanola, NM 87532

Lease Rate:

Ground lease: See Broker

Retail lease: See Broker

Sale Price:

$12-$18/SF

Land:

±17.088 Acres

Benefits:

Strategically positioned in the main retail corridor of Española Valley.

Most vibrant location in Española

Full access and excellent visibility

Fundamental proven retail location for northern New Mexico

Excellent national co-tenancy:

Super Walmart

McDonalds

Chili’s

Freddy’s

Autozone

Wendy’s

Taco Bell

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