915-479-5511
1999 Futurity Dr, Sunland Park, NM for Sale
Light Distribution - FOR SALE
1/8
null | Request Cap Rate

1999 Futurity Dr
Sunland Park, NM 88063


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

Request Info for Price

CAP RATE

Request Cap Rate

% 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

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

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.