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4381 E Lohman Ave
Las Cruces, NM 88011
Lohman Endoscopy Center · Office Property For Sale

Property Facts

Property Type
Office
Property Subtype
Medical
Building Size
13,444 SF
Building Class
B
Year Built
2010
Tenancy
Single
Building Height
1 Story
Typical Floor Size
13,444 SF
Building FAR
0.31
Lot Size
0.98 AC
Zoning
PUD
Parking
50 Spaces (0 Spaces per 1,000 SF Leased)

About 4381 E LOHMAN AVE , LAS CRUCES, NM 88011

The subject property is ideally situated with excellent access and visibility adjacent to the Lohman Avenue medical & retail corridor (15,482 AADT) near its junction with CanAm Highway/US-85 (32,651 AADT). The site benefits from robust demographics with a total daytime population of 124,122 within a five mile radius of the site. The property benefits from an established, growing population in the surrounding area with an anticipated annual rate of 1.15% through 2023 within one mile of the site. Average household income within a one mile radius is $73,339. Demographic factors surrounding the site support its medical function: approximately 32.8% of the population within one mile of the site is over the age of 55, and 43.3% is over the age of 45. Older and middle aged adults comprise the majority of patients for routine endoscopy procedures. The site benefits from a central location neighboring medical centers and tenants, senior living and long-term care facilities, and major retail centers. The property is located adjacent to the MountainView Regional Medical Center, a 168-bed regional acute care hospital employing more than 1,200 with approximately $1 billion in patient revenue annually. The property also neighbors the Advanced Care Hospital of Southern New Mexico, the only free-standing, long-term acute care hospital serving patients recovering from serious injuries and illnesses in the greater Las Cruces area. Other medical facilities neighboring the site include expanded offices of Rio Grande Medical Group, currently nearing completion, Covenant Clinics Urgent Care, Allergy and Asthma Clinics of Las Cruces, Fresenius Kidney Care, Rio Grande Medical, Full Bloom Pediatrics, and more. In addition, a proliferation of senior housing and assisted living facilities neighboring the site offer a built-in patient base for the clinic and surgery center; nearby facilities include Solstice Senior Living, Sagecrest Nursing and Rehabilitation, Mountain Shadows Home Care, the Village at Northrise, the Haciendas at Grace Village, Good Samaritan Retirement Village, La Posada Assisted living, Mesilla Valley Hospice, Heritage Assisted Living and Adult Day Care, and the Adobe. Major retail tenants in the surrounding area include Walmart Supercenter, Walgreens, Target, Sam’s Club, Natural Grocers, Albertson’s, Walmart Neighborhood Market, Hobby Lobby, Dick’s Sporting Goods, The Home Depot, Sportsman’s Warehouse, Best Buy, Big 5, Petco, Ross, Sally Beauty, Office Max, Wells Fargo, Citizen’s Bank, Corner Bakery Café, Chick-Fil-A, and more. This property is listed in conjunction with New Mexico licensed real estate broker Western States Retail and Investment, Inc..

Property Taxes

Property Taxes

Parcel Number
02-41145
Land Assessment
$113,835
Improvements Assessment
$783,330
Total Assessment
$897,165
  • Listing ID: 14293565

  • Date on Market: 11/5/2018

  • Last Updated:

  • Address: 4381 E Lohman Ave, Las Cruces, NM 88011

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