RE-DEFINE & TRANSFORM THE DOWNTOWN EXPERIENCE

Office for Lease
Lease Pending/Contingent
Also listed as Retail-Commercial
Catylist Listing ID: 30430754
Property Subtypes: Flex Space, Office Building, Other
Status: Pending/Contingent
Contiguous Space: 2,262 - 14,732 SF
Gross Building Area: 16,604 SF
Gross Land Area: 17,192 SF
Lease Rate: $6 - 12 PSF (Annual)
Base Monthly Rent: $7,366 - 14,732
Lease Types: NNN
In Opportunity Zone? Yes
Class of Space: Class C
Usable Size (USF): 16,604 SF
Last Updated: 1/2/2022

Overview / Comments

This is a truly unique space in the heart of where the highest percentage of downtown revitalization is occurring. It could not be more flexible and unique in terms of the development potential for a wide variety of concepts. It was originally built for a retail department store concept that also incorporated and connected to 5500 SQFT of direct retail frontage along Main Street. The ability to still reconnect this property tot he same square footage exists today and this additional square footage is under the same ownership. This additional space has since been redeveloped for a restaurant and bar that fronts the main street arterial. In the 1990's the property was redeveloped for a call center concept that connected up to 35,000 SQFT of space. In its current form the highest probable best use is for office related purposes, however its various combinations of connection points, open space and divided sections brings a wide variety of mixed uses in to the discussion. More importantly it is the largest amount of space within limited walking range to all the developing main street eateries, breweries, arcades, and the newly constructed civic plaza. The space lends itself well to organizations dedicated to creating a truly unique downtown experience for their employment base. If done correctly there will really not be a need to venture far away from the location for a wide variety of business and quality of life based needs. If you are looking for inspiration give this one a look. It will get you thinking.

Expand All Available Space

Suite: 1 14,732 SF $6 - 12 PSF (Annual) NNN
Space Available: 14,732 SF
Minimum Divisible: 2,262 SF
Lease Rate: $6 - 12 PSF (Annual)
$7,366 - 14,732 (Monthly)
Lease Type: NNN
Date Available: 6/1/2019
Space Type: Relet

Additional Details

Nearest MSA: Las Cruces
County: Dona Ana
Taxing Authority: Dona Ana County
Tax ID/APN: R0205971
Zoning: DOWNTOWN DEVELOPMENT CODE
Property Located Between: Water & Griggs
Property Visibility: Fair
Airports: ELP & Las Cruces International
Total Number of Buildings: 1
Number of Stories: 2
Typical SF / Floor: 7,366 SF
Year Built: 1950
Construction/Siding: Stucco
Parking Type: Surface
Parking Description: Public parking is available directly across from subject property on Water and available in a public parking lot parallel to the subject property where Day's Burgers and other business exist.
Heat Type: Natural Gas
Heat Source: Central
Air Conditioning: Engineered System
Internet Access: Cable, DSL, Satellite, Other
Zoning Description: Downtown Development Code Zoning
Water Service: Municipal
Sewer Type: Municipal
Legal Description: Dona Ana County Account R0205971

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 14,366 76,378 115,795
Median Age: 36.8 32.92 35.05
Households: 6,118 30,477 46,137

Contact

Photograph of Listing Agent

Kary Bulsterbaum

Steinborn/TCN Commercial Real Estate
CARNM CIE Member
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