Log In/Sign Up
Your email has been sent.
Major Retail Trade Area off I-25 2350 E Lohman Ave 22,991 SF Retail Building Las Cruces, NM 88001 $3,610,408 ($157.04/SF)
INVESTMENT HIGHLIGHTS
- Priced well below replacement cost
- Unobstructed visibility from Lohman Ave. - 20,634 VPD
- Annual site visits in excess of 636,000 (Placer)
- Hig performing adjacent tenants include Hobby Lobby, Burlington and Sprouts
EXECUTIVE SUMMARY
Excellent retail building in major Las Cruces, NM trade area, just off Interstate 25 (32,186 VPD) and fronting on Lohman Ave. (20,634 VPD). Adjacent to Burlington and Sprouts, the property is located on the main retail corridor in Las Cruces, NM. Offering a rare opportunity to own a free standing, 22,991± SF (former Big Lots) which is located across from Mesilla Valley Mall. Surrounded by well-established retailers, Walmart, Hobby Lobby, Best Buy, Staples and Old Navy as well as Mesilla Valley Mall and Laguna Seca Shopping Center in close proximity - this property offers a superior location for retailers looking to relocate or expand to the area.
Las Cruces is the second largest city in New Mexico and is located in the southern part of the state at the crossroads of I-10 and I-25. Less than an hour from El Paso, Las Cruces is the mid-point between San Diego, CA and Dallas, TX. Home of the Aggies, New Mexico State University spans across 900 acres and serves over 20,000 students from all over the United States and the world.
Las Cruces is the second largest city in New Mexico and is located in the southern part of the state at the crossroads of I-10 and I-25. Less than an hour from El Paso, Las Cruces is the mid-point between San Diego, CA and Dallas, TX. Home of the Aggies, New Mexico State University spans across 900 acres and serves over 20,000 students from all over the United States and the world.
PROPERTY FACTS
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Building Size
22,991 SF
Building Class
C
Year Built
1989
Price
$3,610,408
Price Per SF
$157.04
Tenancy
Single
Building Height
1 Story
Loading Docks
1 Exterior
Building FAR
0.28
Lot Size
1.89 AC
Zoning
C2
Frontage
275’ on E Lohman Ave
AMENITIES
- Pylon Sign
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 02-21822 | Improvements Assessment | $371,625 |
| Land Assessment | $273,993 | Total Assessment | $645,618 |
PROPERTY TAXES
Parcel Number
02-21822
Land Assessment
$273,993
Improvements Assessment
$371,625
Total Assessment
$645,618
1 of 5
VIDEOS
MATTERPORT 3D EXTERIOR
MATTERPORT 3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
Presented by
Major Retail Trade Area off I-25 | 2350 E Lohman Ave
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.