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: 12/17/2018

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


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.