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Investment Highlights

  • Multi-building industrial asset providing both stabilized and value-add potential in a supply-constrained market.
  • Convenient location minutes from West El Paso and major cross-border routes serving New Mexico and Texas markets.
  • Current tenant mix includes an established national cannabis retailer and industrial users on NNN leases.
  • Site layout with multiple access points, fenced perimeter, and yard storage suitable for diverse industrial operations.

Executive Summary

Cannabis Industrial Investment | Sunland Park, NM Rare opportunity to acquire a multi-building cannabis industrial portfolio in Sunland Park, NM, just minutes from the Texas state line and West El Paso. The property consists of multiple buildings totaling approximately 25,696 SF, currently ~60% occupied by established cannabis retail and cultivation tenants on NNN leases. In-Place Income: Current base rent totals approximately $22,336 per month ($268,032 annually) 1999 Futurity Dr Lease Summary … , with additional NNN reimbursements (estimated at $0.25/SF/month for 2026). Value-Add Opportunity: Building B (±10,000 SF) is currently vacant, offering a significant lease-up or owner-user opportunity. This space can: Be leased to increase NOI and stabilize the asset, or Allow an owner-user to occupy while maintaining strong in-place cash flow from the remaining tenants. Tenant Mix & Lease Profile: Multiple cannabis retail and cultivation operators Lease expirations extend through 2026–2031 Renewal options in place on several leases Annual rental escalations on select tenants This offering provides a compelling blend of in-place income, upside through lease-up, and long-term industry positioning in a supply-constrained border market. Ideal for: Investors seeking yield with upside Cannabis operators seeking expansion Owner-users looking to offset occupancy costs with stabilized income Contact broker for rent roll, lease summaries, and financials.

Property Facts

Sale Type Investment
Property Type Flex
Property Subtype Light Distribution
Building Class B
Lot Size 1.70 AC
Rentable Building Area 23,200 SF
No. Stories 1
Year Built 2019
Parking Ratio 0.99/1,000 SF
No. Dock-High Doors/Loading 1
No. Drive In / Grade-Level Doors 5
Opportunity Zone Yes
Zoning C-2 - General Commercial District

Amenities

  • Mezzanine
  • Storage Space

Utilities

  • Lighting - Fluorescent
  • Gas
  • Water - City
  • Sewer - City
  • Heating

Space Availability

  • Space
  • Size
  • Space Use
  • Build-Out
  • Available
  • 1st Fl - B
  • 10,000 SF
  • Flex
  • Shell Space
  • Now

Large open warehouse building with high ceilings on commercial/industrial lot, zoned C-2 in Entertainment District overlay. Building constructed in 2019, fully sprinklered. Two roll up doors, unisex restroom, floor drains, and second floor 225 sf mezzanine area. NNN costs are $0.19 / sqf

Space Size Space Use Build-Out Available
1st Fl - B 10,000 SF Flex Shell Space Now

1st Fl - B

Size
10,000 SF
Space Use
Flex
Build-Out
Shell Space
Available
Now

1st Fl - B

Size 10,000 SF
Space Use Flex
Build-Out Shell Space
Available Now

Large open warehouse building with high ceilings on commercial/industrial lot, zoned C-2 in Entertainment District overlay. Building constructed in 2019, fully sprinklered. Two roll up doors, unisex restroom, floor drains, and second floor 225 sf mezzanine area. NNN costs are $0.19 / sqf

Somewhat walkable
30/100
Exceptionally drivable
100/100
Somewhat bikeable
30/100
  • Listing ID: 39659172

  • Date on Market: 3/4/2026

  • Last Updated:

  • Address: 1999 Futurity Dr, Sunland Park, NM 88063

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