Investment Property For Sale 8.24% CAP

Office for Sale
Sale Pending
Catylist Listing ID: 29997655
Property Subtypes: Flex Space, Office Building
Status: Pending
Building Size (RSF): 18,277 SF
Gross Building Area: See Agent
Sale Price: $2,200,000
Unit Price: $120.37 PSF
Property Use Type: Investment
Class of Space: Class B
Sale Terms: Undisclosed, Cash to Seller
Cap Rate: Undisclosed
Last Updated: 5/17/2018

Overview / Comments

Property Features
Property is located 1/2 mile off Interstate 10 at the gateway to Mesilla, NM.
• The property provides excellent street presence from Avenida de Mesilla.
• Property has been well maintained with little to no ongoing deferred maintenance items.
• Property is located within 1 mile of the historic Mesilla Plaza

Property Overview
Mercado de Mesilla is located at the entrance to historic Mesilla, NM. The property has been recently renovated including all new landscaping and a new center sign. The Mercado has excellent visibility and easily accessed off of Avenida de Mesilla.

Location Overview
The Mercado de la Mesilla sits amidst high-end residential 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.

Attachments & Media

Additional Details

Nearest MSA: Las Cruces
County: Dona Ana

Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 5,268 54,843 100,867
Median Age: 42.08 33.26 35.39
Households: 2,238 22,044 40,630
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.