Espanola, NM Retail Property For Sale

SHOPPING CENTER

Building: ±35,988 SF

Land: ±3.25 Acres

Tenants: 6 tenants in place, 1 space vacant

Year Built: 1960 | Expansions in 1973 and 1976

ZONING B-2 | Commercial General

HIGHLIGHTS

• Excellent mix of national & local tenants

• Easy access with ample parking

• Pylon signage available

• Occupancy Rate: 91%

• Stabilized income with potential growth

• Subject to line adjustment

• Well in place for water

• Neighboring retailers include KFC, Pizza 9, Snappy Lube,

Fairview Pharmacy, Burger King and Pizza Hut

- Excellent visibility from the busiest intersection in Española - Riverside Dr. and Fairview Ln.

- Great exposure to over 26,000 VPD. The intersection offers significant pedestrian and bicycle traffic.

- Fairview Lane is one of three river crossings, connecting to US-285 and Northern New Mexico.

- High volume trade area - Española serves as the retail hub for nearby Northern New Mexico’s small towns and farming communities

- Surrounded by National co-tenancy newly renovated facade, additional parking in the back of the WaFd Bank lot.

- Rare, full access on Riverside Dr. and cross access with WaFd Bank located at the intersection.