Listed by NAI 1st Valley
$6,700,000
1300 El Paseo Rd (Sale)
Details
Property Type Office, Retail
Sub Type Restaurant, Storefront
Net Rentable (SqFt) 61,232
Units 18
Price per SqFt $109
Acreage 5.500
Office
Marketing description
- Center is located at lighted intersection and fronts on El Paseo Rd, which is one of the major North/South thoroughfares in the city
- Center is anchored by Planet Fitness and other junior anchors that include The UPS Store, H&R Block, and Metro by T-Mobile
- Las Cruces is the second largest city in the state and the largest in Southern New Mexico
- Priced at $109.42 per square foot, which is well below replacement cost.
- Occupancy is 80% which allows for lots of upside in leasing.
Listing Contacts
Listed by NAI 1st Valley
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