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1616 N Riverside Dr, Española, NM, 87532

Retail (Dark) Investment Opportunity
$1,500,000

Key Information

$ per SF
$500
Lot Size
1.15 Acres
Year Built
1990
Type
Retail
Leasable Area
3,000

Highlights

  • Value-Add Redevelopment Opportunity: ±3,000 SF former Speedway Gas Station on a ±1.15-acre lot with less than a year of lease term remaining, offering a clear path for re-tenanting or redevelopment following tenant departure.
  • Flexible Freestanding Asset: Ample parking and adaptable layout suitable for retail, QSR, casual dining, medical, automotive or other service uses.
  • Superior Traffic Capture: Situated on a lighted intersection, directly between the entrance and exit of the Walmart Supercenter parking lot, maximizing visibility and traffic flow from one of the area’s strongest retail anchors.
  • Short-Term Income with Upside: Tenant remains responsible for rent during the remaining lease term, providing residual cash flow while planning repositioning.
  • Exit Flexibility: Ideal for investors seeking either a short-term income play with upside potential, or developers looking for a prime redevelopment opportunity in a strong commercial corridor.

Photos

Location

Agents

Broker of Record

Brian Brockman

License # 20241 (NM)
Matthews Real Estate Investment Services, Inc
1600 West End, Ste. 1500 Nashville, TN 37203