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Retail Corridor Farmington area 4172 Hwy 64
11,000 SF of Retail Space Available in Kirtland, NM 87417
Highlights
- 11,000± square feet of junior box retail space anchored by Dollar Tree
- 600 ft of frontage with direct exposure to 8,400 cars per day on US-64
- Affordable rate and few existing alternative retail vacancies in the surrounding area
- Located in the town of Kirtland, directly west of Farmington in north New Mexico
- Located in retail corridor along with Family Dollar, AutoZone, O’Reilly Auto Parts and KFC
Space Availability (1)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor | 11,000 SF | Negotiable | $10.75 /SF/YR $0.90 /SF/MO $118,250 /YR $9,854 /MO | Triple Net (NNN) |
1st Floor
11,000± square feet of junior box retail space anchored by Dollar Tree Located in the town of Kirtland, directly west of Farmington in north New Mexico 600 ft of frontage with direct exposure to 8,400 cars per day on US-64 Located in retail corridor along with Family Dollar, AutoZone, O’Reilly Auto Parts and KFC Affordable rate and few existing alternative retail vacancies in the surrounding area
- Lease rate does not include utilities, property expenses or building services
Rent Types
The rent amount and type that the tenant (lessee) will be responsible to pay to the landlord (lessor) throughout the lease term is negotiated prior to both parties signing a lease agreement. The rent type will vary depending upon the services provided. For example, triple net rents are typically lower than full service rents due to additional expenses the tenant is required to pay in addition to the base rent. Contact the listing broker for a full understanding of any associated costs or additional expenses for each rent type.
1. Full Service: A rental rate that includes normal building standard services as provided by the landlord within a base year rental.
2. Double Net (NN): Tenant pays for only two of the building expenses; the landlord and tenant determine the specific expenses prior to signing the lease agreement.
3. Triple Net (NNN): A lease in which the tenant is responsible for all expenses associated with their proportional share of occupancy of the building.
4. Modified Gross: Modified Gross is a general type of lease rate where typically the tenant will be responsible for their proportional share of one or more of the expenses. The landlord will pay the remaining expenses. See the below list of common Modified Gross rental rate structures: 4. Plus All Utilities: A type of Modified Gross Lease where the tenant is responsible for their proportional share of utilities in addition to the rent. 4. Plus Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of cleaning in addition to the rent. 4. Plus Electric: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical cost in addition to the rent. 4. Plus Electric & Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical and cleaning cost in addition to the rent. 4. Plus Utilities and Char: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the utilities and cleaning cost in addition to the rent. 4. Industrial Gross: A type of Modified Gross lease where the tenant pays one or more of the expenses in addition to the rent. The landlord and tenant determine these prior to signing the lease agreement.
5. Tenant Electric: The landlord pays for all services and the tenant is responsible for their usage of lights and electrical outlets in the space they occupy.
6. Negotiable or Upon Request: Used when the leasing contact does not provide the rent or service type.
7. TBD: To be determined; used for buildings for which no rent or service type is known, commonly utilized when the buildings are not yet built.
PROPERTY FACTS FOR 4172 Hwy 64 , Kirtland, NM 87417
| Property Type | Retail | Year Built | 2000 |
| Property Subtype | Storefront | Parking Ratio | 3.3/1,000 SF |
| Gross Leasable Area | 21,190 SF |
| Property Type | Retail |
| Property Subtype | Storefront |
| Gross Leasable Area | 21,190 SF |
| Year Built | 2000 |
| Parking Ratio | 3.3/1,000 SF |
About the Property
Located in the heart of Kirtland, New Mexico, this expansive retail location offers a prime opportunity for businesses seeking a prominent presence in a thriving commercial center. Boasting a highly visible location with ample parking and convenient access, this property is ideally positioned to attract customers from across the region. At the heart of this retail destination lies a flagship Dollar Tree store, serving as the anchor tenant and drawing a steady stream of foot traffic and loyal patrons. With its reputation for offering high-quality merchandise at unbeatable prices, Dollar Tree provides a strong foundation for driving sales and generating revenue for neighboring businesses. The retail space itself features a spacious layout encompassing 11,000 square feet of versatile floor space, allowing for a wide range of retail concepts and layouts. Whether seeking to capitalize on the synergy of Dollar Tree’s customer base or carve out a distinct niche in the market, tenants will find ample room to showcase their products and services in a highly visible and accessible location.
- Air Conditioning
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Retail Corridor Farmington area | 4172 Hwy 64
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