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1115 N Riverside Dr 17,828 SF Retail Building Espanola, NM 87532 For Sale

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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.

Walgreens_Espanola, New Mexico_9.19.25

Property Facts

Sale Type

Investment

Property Type

Retail

Property Subtype

Drug Store

Building Size

17,828 SF

Building Class

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

Pylon Sign

Major Tenants

Retailer
-
-
-

Walgreens began in 1901 on Chicago's South Side, when pharmacist Charles R. Walgreen Sr. opened a neighborhood drugstore that grew into a national chain. Walgreens later combined with Alliance Boots to form Walgreens Boots Alliance, bringing together retail pharmacy, pharmaceutical wholesaling, and healthcare services under one business. Walgreens Boots Alliance operates an integrated healthcare, pharmacy, and retail model spanning U.S. and international operations, with businesses centered on prescription filling, consumer health products, beauty items, and related services.

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

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Traffic

Fairly walkable

40/100

Exceptionally drivable

100/100

Limited public transit

30/100

Somewhat bikeable

20/100

Source: Local Logic^®

Property Taxes

Parcel Number	1-047-121-255210	Improvements Assessment	$251,210
Land Assessment	$189,824	Total Assessment	$441,034

Property Taxes

Parcel Number

1-047-121-255210

Land Assessment

$189,824

Improvements Assessment

$251,210

Total Assessment

$441,034

(847) 685-9800 x2

Contact

Michael Horne
Newcastle Properties

Listing ID: 41332181
Date on Market: 7/17/2026
Last Updated:
Address: 1115 N Riverside Dr, Espanola, NM 87532

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1115 N Riverside Dr

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