This feature is unavailable at the moment.

We apologize, but the feature you are trying to access is currently unavailable. We are aware of this issue and our team is working hard to resolve the matter.

Please check back in a few minutes. We apologize for the inconvenience.

- LoopNet Team

Close
You must register your contact information to view secure information on this listing.
You must register your contact information to view secure information on this listing.

Share This Listing

Please enter a valid email address.

Note: To send this property to multiple individuals, insert a semi-colon between each recipient's email address.

954 characters remaining

LoopNet has taken a strong stance against the practice of sending unsolicited commercial emails, also known as "spam." Please send these emails only to people you know who would be interested in this property. If someone asks you not to send these emails to them, please comply.

We will automatically send your friend a one-time email inviting him or her to visit the site. LoopNet stores this information for the sole purpose of sending this one-time email and tracking the success of our referral program. View LoopNet's Privacy Policy

thank you

Your email has been sent!

Maverik 4901 E Main St

4,425 SF 100% Leased Retail Building Farmington, NM 87402 $2,218,181 ($501/SF) 5.50% Cap Rate

Retail Space New Mexico Farmington 4901 E Main St, Farmington, NM 87402

Investment Highlights

  • Long-Term, 15-Year Absolute Triple Net (NNN) Ground Lease
  • Ten (10), Five (5)-Year Tenant Renewal Options, Bringing Potential Term to 65 Years
  • Brand New Construction

Executive Summary

NNN Pro Group is pleased to present the exclusive listing for an Maverik located at 4901 East Main Street in Farmington, New Mexico, 87402. The site consists of roughly 4,425 rentable square feet of building space on estimated 1.44-acre parcel of land. This Maverik is subject to a 15-year absolute triple-net (NNN) lease, which is scheduled to commence upon store opening, approximately on September 1st, 2023. The current annual rent is $122,000 and is scheduled to increase by 8% every 5 years throughout the base term and in each of the 10, 5-year renewal options. Glen Kunofsky and Judson Kauffman, exclusive listing agents, are also principals of this property. They are licensed real estate salespersons for the NNN Pro Group in the state of New York.

Property Facts

Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Service Station
Building Size
4,425 SF
Building Class
B
Year Built
2023
Price
$2,218,181
Price Per SF
$501
Cap Rate
5.50%
NOI
$122,000
Percent Leased
100%
Building Height
1 Story
Building FAR
0.07
Land Acres
1.44 AC
Parking
26 Spaces (5.88 Spaces per 1,000 SF Leased)
Frontage
341 FT on East Main Street
1 of 1
4901 E Main St, Farmington, NM - aerial map view

Nearby Major Retailers

Costa Vida Fresh Mexican Grill
Fit Body Boot Camp
Texas Roadhouse
Fuddruckers
Starbucks
Red Lobster
IHOP
Safeway
Anytime Fitness
Albertsons
  • Glen Kunofsky
    Power Broker Glen Kunofsky
  • Judson Kauffman
    Judson Kauffman
  • Hannan Ben Yosef
    Hannan Ben Yosef
  • Matthew Sorace
    Matthew Sorace
  • Brian Brockman
    Power Broker Brian Brockman
(332) 345-4222

  • Listing ID: 27986105

  • Date on Market: 3/15/2023

  • Last Updated:

  • Address: 4901 E Main St, Farmington, NM 87402

The Retail Property at 4901 E Main St, Farmington, NM 87402 is currently available For Sale. Contact NNN Pro Group for more information.

Nearby Listings

1 of 3
VIDEOS
3D TOUR
PHOTOS
STREET VIEW STREET
MAP

1/3
4901 E Main St, Farmington, NM for sale Building Photo- Image 1 of 3
Maverik_4901EMainSt_FarmingtonNM_main
4901 E Main St, Farmington, NM for sale Aerial- Image 2 of 3
Maverik_4901EMainSt_FarmingtonNM_aerial

1 of 1

Connect with us

© 2024 CoStar Group

The LoopNet service and information provided therein, while believed to be accurate, are provided "as is". LoopNet disclaims any and all representations, warranties, or guarantees of any kind.

Maverik | 4901 E Main St
(332) 345-4222 x

Maverik | 4901 E Main St

1/5

Glen Kunofsky

(332) 345-4222

(332) 345-4222

Judson Kauffman

(332) 345-4202

(332) 345-4202

Hannan Ben Yosef

(332) 345-4384

(332) 345-4384

Matthew Sorace

(332) 345-7813

(332) 345-7813

Brian Brockman

(513) 300-0763

(513) 300-0763

Already a member? Log In

First Name*

Last Name*

Please enter an email address.

Email*

Phone*

Ext (optional)

Company (optional)

Please leave a message.

Message*

{{messageTextLength}} out of 600

New to LoopNet? No problem. We'll automatically create a free account for you. By clicking the button, you agree to LoopNet's Terms of Use and Privacy Policy.

Hmm, there seems to have been an error sending your message. Please try again.

Thanks! Your message was sent.

Send another message

Please Share Your Feedback

We welcome any feedback on how we can improve LoopNet to better serve your needs.
X
{{ getErrorText(feedbackForm.starRating, 'rating') }}
255 character limit ({{ remainingChars() }} characters remainingover)
{{ getErrorText(feedbackForm.msg, 'rating') }}
{{ getErrorText(feedbackForm.fname, 'first name') }}
{{ getErrorText(feedbackForm.lname, 'last name') }}
{{ getErrorText(feedbackForm.phone, 'phone number') }}
{{ getErrorText(feedbackForm.phonex, 'phone extension') }}
{{ getErrorText(feedbackForm.email, 'email address') }}
You can provide feedback any time using the Help button at the top of the page.

Share Link