We are pleased to present a unique opportunity to purchase a 51,487-square-foot retail center in Carlsbad, New Mexico. The property is fully stabilized and anchored by the state’s highest-volume Ross Dress for Less, with a strong national tenant mix including Family Dollar, Melrose, Maurice’s, and Famous Footwear. Strategically located at the signalized intersection of Highway 285 (W. Pierce St/Main Street) and Mesa Street, the center benefits from high visibility and minimal local competition. Priced at $155/SF—well below replacement cost—this asset offers investors a stable & solid return with significant rent upside in a market where new development is very limited and cost-prohibitive. Notably, this is the only softgoods retail center in Eddy County. Supported by the robust oil and gas industry in southeast New Mexico, this property provides a rare opportunity to acquire a proven multi-tenant center with minimal landlord responsibilities in a thriving and underserved trade area. Eddy County average household income of $112K (27% higher than State of NM).