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3558 E Main St
Farmington, NM 87402
STNL Joann / Pad to Home Depot · Retail Property For Sale

INVESTMENT HIGHLIGHTS

  • Corporate Executed Lease / National Tenant Branding | 2022 Revenue: $2.4 Billion | NASDAQ: JOAN
  • Frontage Visibility to Over 38,000 VPD Drive-By / Over 112,000 people in trade area / $70,000 AHHI
  • Rent Increases Every 5 Years
  • Outparcel Location to Home Depot, TJ Maxx, Safeway, Best Buy & Petco Shopping Center
  • High Yield Investment – 7.25% Cap Rate | NNN Leased | New 11-Year Lease
  • Low Cost PSF Investment - $165/PSf

PROPERTY FACTS

Property Type
Retail
Property Subtype
Freestanding
Building Size
20,282 SF
Building Class
B
Year Built/Renovated
2007/2010
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.32
Lot Size
1.45 AC
Zoning
319 - Warehouse Discount Store
Parking
75 Spaces (3.7 Spaces per 1,000 SF Leased)
Frontage
327’ on East Main Street

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
2000575
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$721,498
  • Listing ID: 29920154

  • Date on Market: 10/30/2023

  • Last Updated:

  • Address: 3558 E Main St, Farmington, NM 87402

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