1999 Futurity Dr - Light Distribution FOR SALE


Sunland Park, NM 88063
$4,100,000 USD
915-479-5511
1999 Futurity Dr, Sunland Park, NM for Sale
$4,100,000 USD
Light Distribution - FOR SALE
1/8
null | 6.46% Cap Rate

1999 Futurity Dr
Sunland Park, NM 88063


HIGHLIGHTS

  • Multi-building industrial asset providing both stabilized and value-add potential in a supply-constrained market.
  • Current tenant mix includes an established national cannabis retailer and industrial users on NNN leases.
  • Convenient location minutes from West El Paso and major cross-border routes serving New Mexico and Texas markets.
  • Site layout with multiple access points, fenced perimeter, and yard storage suitable for diverse industrial operations.

OVERVIEW

Cannabis Industrial Investment | Sunland Park, NM Rare opportunity to acquire a multi-building cannabis industrial portfolio in Sunland Park, NM, just minutes from the Texas state line and West El Paso. The property consists of multiple buildings totaling approximately 25,696 SF, currently ~60% occupied by established cannabis retail and cultivation tenants on NNN leases. In-Place Income: Current base rent totals approximately $22,336 per month ($268,032 annually) 1999 Futurity Dr Lease Summary … , with additional NNN reimbursements (estimated at $0.25/SF/month for 2026). Value-Add Opportunity: Building B (±10,000 SF) is currently vacant, offering a significant lease-up or owner-user opportunity. This space can: Be leased to increase NOI and stabilize the asset, or Allow an owner-user to occupy while maintaining strong in-place cash flow from the remaining tenants. Tenant Mix & Lease Profile: Multiple cannabis retail and cultivation operators Lease expirations extend through 2026–2031 Renewal options in place on several leases Annual rental escalations on select tenants This offering provides a compelling blend of in-place income, upside through lease-up, and long-term industry positioning in a supply-constrained border market. Ideal for: Investors seeking yield with upside Cannabis operators seeking expansion Owner-users looking to offset occupancy costs with stabilized income Contact broker for rent roll, lease summaries, and financials.

FOR SALE DETAILS

PRICE

$4,100,000 USD

PRICE/SF

$177 USD /SF

CAP RATE

6.46%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Flex

PROPERTY SUBTYPE

Light Distribution

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2019

UTILITIES

Lighting - Fluorescent, Gas, Water - City, Sewer - City, Heating

CLEAR CEILING HT

-

DOCKS

1

DRIVE INS

5

PARKING SPACES

23

LAND DETAILS

LAND ACRES

1.7

LAND SF

74,052

ZONING

C-2

APN/PARCEL ID

-

ASK ABOUT THIS PROPERTY

Will C. Brown, SIORSonny Brown Associates, LLCMore Info
915-479-5511

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Will C. Brown, SIORSonny Brown Associates, LLCMore Info
915-479-5511

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.