Cushman & Wakefield is pleased to exclusively offer for sale the newly constructed 7,211± sq. ft. Frito-Lay Product Exchange Center located in Tularosa, New Mexico, featuring a new 10-Year NNN lease with 3% annual rent increases. The facility primarily serves the Tularosa, Alamogordo and Ruidoso markets and benefits from immediate access to US Highways 54 and 70, which circumnavigate the regional trade area. These highways also provide convenient access to Holloman Air Force Base, White Sands National Park, Interstate 10, and the Las Cruces- El Paso- Juarez MSA to the south, and Ruidoso and Albuquerque/Santa Fe to the north via Interstates 25 and 40. Additionally, the oversized 2.01± acre lot can potentially accommodate future expansion of the facility.
The Frito-Lay property is strategically located along US Highway 54/70, which connects directly to the Las Cruces- El Paso- Juarez MSA and US-Mexico ports of entry to the south. The ports of Santa Teresa, NM and El Paso, TX, part of the Las Cruces- El Paso- Juarez MSA (Borderplex Region), are major economic drivers as approximately $126 billion of U.S. – Mexico trade passes through these ports of entry annually (as of 2023). Tularosa is a convenient and eclectic stop along US Highway 54, and this regional connectivity provides convenient access to the broader southern New Mexico area as well as western Texas and Southern Arizona. Tularosa has become a thriving business and agricultural community, and a hub for tourism as a starting point for many self-guided tours of the nearby White Sands National Park and Lincoln National Forest. Nearby tenants include Ace Hardware, First Savings Bank, and Dollar General, among numerous others.
Listed in conjunction with New Mexico licensed broker Cushman & Wakefield U.S., Inc.