Multi-Tenant Investment Property

Retail-Commercial for Sale
Multi-Tenant Investment Property
Catylist Listing ID: 30332858
Property Subtypes: Free-Standing Building, Mixed Use
Building Size (RSF): 8,212 SF
Gross Building Area: See Agent
Gross Land Area: 1.10 Acres
Sale Price: $1,150,000
Unit Price: $140.04 PSF
Property Use Type: Investment
Sale Terms: Undisclosed
Cap Rate: 7.6%
Last Updated: 10/4/2018

Overview / Comments

The Mercado de la Mesilla sits amidst high-end residential developments and up-scale retail developments which are under construction or have recently come on-line in the culturally rich and historically popular township of Mesilla – a 150 year old trade center. The property benefits from direct visibility and frontage on Avendia de Mesilla. St.Claire Winery & Bistro and Salud! de Mesilla, two of the most poplar dining options sit across the street. The center is located a short distance from Mesilla town square, the main retail area of Mesilla.

Attachments & Media

Additional Details

Nearest MSA: Las Cruces
County: Dona Ana
Zoning: C

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 5,268 53,801 100,867
Median Age: 42.08 33.22 35.39
Households: 2,238 21,655 40,630

Contact

Photograph of Listing Agent

Jake Redfearn

NAI 1st Valley
The information presented herein is provided as is, without warranty of any kind. Neither Commercial Association of REALTORS® - New Mexico nor Catylist Real Estate Software, Inc. assume any liability for errors or omissions.