Share This Listing

Message

926 characters remaining

Hmm, there seems to have been an error sending your message. Please try again.

Your email has been sent.

2350 E Lohman Ave
Las Cruces, NM 88001
Major Retail Trade Area off I-25 · Retail Property For Sale

Save this listing!

Favorite this listing to get notified of price updates, new media and more

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.

PROPERTY FACTS

Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Freestanding
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

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
02-21822
Land Assessment
$273,993
Improvements Assessment
$371,625
Total Assessment
$645,618
  • Listing ID: 35761734

  • Date on Market: 5/6/2025

  • Last Updated:

  • Address: 2350 E Lohman Ave, Las Cruces, NM 88001

Link copied
Your LoopNet account has been created!

Please Share Your Feedback

We welcome any feedback on how we can improve LoopNet to better serve your needs.
X
{{ getErrorText(feedbackForm.starRating, "rating") }}
255 character limit ({{ remainingChars() }} charactercharacters remainingover)
{{ getErrorText(feedbackForm.msg, "rating") }}
{{ getErrorText(feedbackForm.fname, "first name") }}
{{ getErrorText(feedbackForm.lname, "last name") }}
{{ getErrorText(feedbackForm.phone, "phone number") }}
{{ getErrorText(feedbackForm.phonex, "phone extension") }}
{{ getErrorText(feedbackForm.email, "email address") }}