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Investment Highlights

  • 29,750 cars per day
  • Hard corner with signalized intersection
  • Heart of retail corridor

Executive Summary

Former Walgreens on signalized corner in Espanola, New Mexico. 17,828sf retail building on a 1.61 acre lot in the heart of the retail district - near Wal-Mart and Lowe's anchored shopping centers.

Property Facts

Sale Type
Investment
Property Type
Retail
Property Subtype
Drug Store
Building Size
17,828 SF
Building Class
C
Year Built
1990
Tenancy
Single
Building Height
1 Story
Building FAR
0.25
Lot Size
1.61 AC
Parking
92 Spaces (5.16 Spaces per 1,000 SF Leased)
Frontage
127’ on Riverside Drive

Amenities

  • Pylon Sign

Major Tenants

  • Tenant
  • Industry
  • SF Occupied
  • Rent/SF
  • Lease End
  • Retailer
  • -
  • -
  • -

Walgreens began in Chicago in 1901, after pharmacist Charles R. Walgreen Sr. purchased the drugstore where a pharmacy career began. The company grew from a neighborhood drugstore into a broad retail health business offering prescription services, health and wellness products, photo services, home delivery, specialty pharmacy, and virtual healthcare. Walgreens serves customers through a wide network of community pharmacies and digital platforms, with a focus on accessible medicine, everyday essentials, and healthcare support.

Tenant Industry SF Occupied Rent/SF Lease End
Retailer - - -
Fairly walkable
40/100
Exceptionally drivable
100/100
Limited public transit
30/100
Somewhat bikeable
20/100

Nearby Major Retailers

Starbucks
Denny's
Chili's Grill & Bar
WaFd Bank
Anytime Fitness
UMB Bank
Freddy's Frozen Custard & Steakburgers
Rent-A-Center
7 Brew Coffee
Lowe's Market

Property Taxes

Property Taxes

Parcel Number
1-047-121-255210
Land Assessment
$189,824
Improvements Assessment
$251,210
Total Assessment
$441,034
  • Listing ID: 41332181

  • Date on Market: 7/17/2026

  • Last Updated:

  • Address: 1115 N Riverside Dr, Espanola, NM 87532

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