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1205 E Pine St
Deming, NM 88030
Former Kmart Adjacent to Walmart Supercenter · Retail Property For Sale

PROPERTY FACTS

Property Type
Retail
Property Subtype
Department Store
Building Size
96,571 SF
Building Class
B
Year Built/Renovated
1970/1995
Tenancy
Single
Building Height
1 Story
Building FAR
0.20
Lot Size
11.03 AC
Zoning
D - Industrial District

ABOUT 1205 E PINE ST , DEMING, NM 88030

Colliers’ Retail Capital Markets Team is pleased to present the opportunity to acquire the freestanding former Kmart property located in Deming, NM. The asset is situated on Pine St, within the area’s major retail corridor. The Property provides excellent access to Interstate, which connects Deming to Las Cruces , El Paso and Tucson, Arizona. The 96,571 square foot building is currently vacant. The subject property sits adjacent to a Walmart Supercenter which serves as the area's most significant retailer. Other national tenants in the immediate area include Aaron’s, AutoZone, Wendy’s, Walgreens, McDonald’s, Sonic, Taco Bell, KFC, Chevron, and Denny’s. This offering represents an excellent opportunity to create significant value by acquiring a vacant Kmart building along the primary retail corridor for well below replacement cost.

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
3050137313488
Land Assessment
$123,810
Improvements Assessment
$696,724
Total Assessment
$820,534
  • Listing ID: 19187118

  • Date on Market: 4/10/2020

  • Last Updated:

  • Address: 1205 E Pine St, Deming, NM 88030

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