Las Cruces Power Center

2200 E Lohman Ave,
Las Cruces, NM 88001

 

$13,000,000
Offering Price
$1,016,638
NOI
7.82%
Cap Rate
$185
Price Per SF
70,460
Building SF
Multiple
Tenancy
$13,000,000
Offering Price
$1,016,638
NOI
7.82%
Cap Rate
$185
Price Per SF
70,460
Building SF
Multiple
Tenancy

Investment Overview

  • Essential CRE is pleased to offer for purchase a Bed Bath & Beyond, Old Navy, PetSmart, Fed-Ex Office and Texas Roadhouse power center and retail pad located at 2200 East Lohman Avenue in Las Cruces, New Mexico. The subject property consists of two buildings; a 63,074 square foot multi-tenant big box building and a 7,368 square foot restaurant situated on 5.91 acres of land. The center benefits from phenomenal visibility and access from Lohman Avenue and Walnut Drive with 29,903 vehicles per day. Adjacent national tenants include Walmart, Sprouts, Staples, Best Buy, Walgreens and Speedway.
FOR MORE DETAILS CONTACT
Michael Cisternino
Managing Principal
(925) 388-0888
michael@essentialcre.com
CA 01708023, NV 1002492, ID PR59295