Catylist ID:
#30655510
MULTIPLE VALUE ADDED USES & POTENTIAL
Retail-Commercial
for Lease
Also listed as Office
| Catylist Listing ID: | 30655510 |
| Property Subtypes: | Free-Standing Building, Mixed Use, Street Retail, Tavern/Bar/Nightclub, Other |
| Contiguous Space: | 1,250 - 13,365 SF |
| Building Size (RSF): | 13,365 SF |
| Gross Land Area: | 90,605 SF |
| Lease Rate: |
$13.50 - 20 PSF (Annual) |
| Base Monthly Rent: | $15,035 - 22,275 |
| Lease Types: | NNN |
| Usable Size (USF): | 13,365 SF |
| Last Updated: | 10/4/2020 |
Overview / Comments
|
If you are looking to find value, create it, and possibly reimagine a commercial location that already has a quality build out and potential that is evident, you have to consider this location and structure. This is a very visible and stand alone location that can possibly adapt to a wide variety of uses. This is not to say the current use as a bar and night club is not the highest and best use for the site. The existing ownership will even consider leasing back the facility for an agreed to period of time. The location truly offers some unique dynamics with good visibility and access off of Interstate 10 and immediate adjacent access to New Mexico State University (NMSU) and numerous high profile attractions on its main campus and beyond. A retailer here can truly offer a facility that is accessible to the existing student and employee base of NMSU and immediate access to the affluent local area of Mesilla Park and the community of Mesilla. The quick Interstate access also makes it accessible to the entire community beyond those within a quick driving distance. Numerous and significant retail gaps exist in terms of supply and demand within one mile of this facility if the goal is to adapt this facility to an alternative use. A more detailed analysis indicates that possible alternative concepts ripe for the location would include but not be limited to: * Unique Automotive * Unique Home Furnishing * Building Supply & Home Improvement * Specialty Grocery * General Merchandise * Indoor Sports and Recreation * Community Based Buildings & Convention Facilities * Religious Institutions & Facilities * Trade School Operations * AND OTHER UNIQUE OFFICE CONCEPTS & WORK SPACE You can truly see potential in all the above noted elements and the access. Give us a call today to discuss this truly unique opportunity. Overflow land for parking purposes and beyond is also a possibility pending the need. |
Attachments & Media
Expand All Available Space
| Suite: 1 | 13,365 SF | $13.50 - 20 PSF (Annual) NNN |
| Space Available: | 13,365 SF | |
| Minimum Divisible: | 1,250 SF | |
| Lease Rate: |
$13.50 - 20 PSF (Annual) $15,035 - 22,275 (Monthly) |
|
| Lease Type: | NNN | |
| Date Available: | 10/4/2020 | |
| Space Type: | New | |
Additional Details
| Nearest MSA: | Las Cruces |
| County: | Dona Ana |
| Taxing Authority: | Dona Ana County |
| Tax ID/APN: | 4008137169362 |
| Zoning: | C-3 |
| Retail Clientele: | General, Family, Business, Traveler, Tourist, Recreation, Convention, Other |
| Property Located Between: | Union Avenue & Interstate 10 |
| Property Visibility: | Excellent |
| Highway Access: | Interstate 10 & University Exit |
| Airports: | ELP & Las Cruces International |
| Tenancy: | Single Tenant |
| Total Number of Buildings: | 1 |
| Number of Stories: | 1 |
| Property Condition: | Excellent |
| Year Built: | 1988 |
| Year Renovated: | 2013 |
| Parking Type: | Surface |
| Heat Type: | Natural Gas |
| Heat Source: | Central |
| Air Conditioning: | Engineered System |
| Internet Access: | Cable, Satellite, Fiber Optic, Other |
| Zoning Description: | C-3 Zoning standards per City of Las Cruces Guidelines |
| Water Service: | Municipal |
| Sewer Type: | Municipal |
| Legal Description: | Dona Ana County Account R0217725 |
Demographic Statistics
| Proximity: | 1 mile | 3 miles | 5 miles |
|---|---|---|---|
| Total Population: | 9,058 | 58,868 | 87,564 |
| Median Age: | 29.37 | 33.88 | 34.13 |
| Households: | 3,760 | 23,949 | 35,028 |
Contact
Kary BulsterbaumSteinborn/TCN Commercial Real EstateCARNM CIE Member |
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