2510 W Picacho Ave - Retail FOR SALE


Las Cruces, NM 88007
$1,605,000 USD
303-328-2022
2510 W Picacho Ave, Las Cruces, NM for Sale
$1,605,000 USD
Retail - FOR SALE
1/6
null | 7.71% Cap Rate

2510 W Picacho Ave
Las Cruces, NM 88007


HIGHLIGHTS

  • 7.25% YIELD ON INVESTMENT WITH 7+ YEAR CORPORATE LEASE (NASDAQ: DLTR)
  • FRONTAGE ALONG WEST PICACHO AVE SEEING OVER 16,800 VEHICLES PER DAY
  • ADJACENT TO MIDDLE/HIGH SCHOOL WITH 2,000+ STUDENTS AND LESS THAN 5 MILES FROM NEW MEXICO STATE UNIVERSITY (22,000+ STUDENTS)
  • LARGE 1 ACRE PARCEL WITH AMPLE PARKING AND CONVENIENT INGRESS/EGRESS
  • NEWER CONSTRUCTION IN A STRATEGIC TRADE AREA

FOR SALE DETAILS

PRICE

$1,605,000 USD

PRICE/SF

$159 USD /SF

CAP RATE

7.71%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Dollar Tree

PROPERTY TYPE

Retail

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2023

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

1 AC

LAND SF

43,560 SF

ZONING

-

APN/PARCEL ID

02-41811

ASK ABOUT THIS PROPERTY

James RassenfossMarcus and MillichapMore Info
303-328-2022

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James RassenfossMarcus and MillichapMore Info
303-328-2022

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