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525 S Telshor Blvd
Las Cruces, NM 88011
Chipotle & Stanton Optical · Retail Property For Sale
Property Facts
Property Type
Retail
Property Subtype
Freestanding
Building Size
6,510 SF
Building Class
B
Year Built
1990
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.23
Lot Size
0.66 AC
Zoning
C2
Parking
40 Spaces (6.14 Spaces per 1,000 SF Leased)
Frontage
115’ on S Telshor Blvd
Amenities
- Corner Lot
- Restaurant
- Signalized Intersection
About 525 S TELSHOR BLVD , LAS CRUCES, NM 88011
Suite Size Chipotle – ±2,350 SF Stanton – ±3,716 SF Lease Term Chipotle – 10 Years Rent Commences in January 2018 Stanton – 10 Years Rent Commences in January 2018 Options Stanton – 3 x 5 years Chipotle – 4 x 5 years NOI $214,621 Primary Terms 10 years Escalations 10% every 5 years
Property Taxes
| Parcel Number | 02-22248 | Improvements Assessment | $203,412 |
| Land Assessment | $114,216 | Total Assessment | $317,628 |
Property Taxes
Parcel Number
02-22248
Land Assessment
$114,216
Improvements Assessment
$203,412
Total Assessment
$317,628
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