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Fully Leased NNN Retail Property
For Sale
$1,143,000

1615 N Solano Drive, Las Cruces, NM 88001

SINGLE_FAMILY - Las Cruces, NM

Property SizeContact for details
Lot Size0.33 Acres
Days on Market107

Property Features for 1615 N Solano Drive

General Information

Property type Residential
Property subtype Office
Subdivision Knox Addition
Directions North on Solano, between Spruce and Madrid
Standard status Active
APN 4-007-134-311-229
Lot size 0.33 Acres

Taxes and HOA fees

Tax Description Subd: KNOX ADDITION Lot: 15 Block: 3K Subd: KNOX ADDITION Lot: 1 Block: 3K S: 7 T: 23S R: 2E LOT 15 AND PART OF LOT 1,INSTRUMENT #2213172
Legal Description Subd: KNOX ADDITION Lot: 15 Block: 3K Subd: KNOX ADDITION Lot: 1 Block: 3K S: 7 T: 23S R: 2E LOT 15 AND PART OF LOT 1,INSTRUMENT #2213172

Utilities

Utilities Electricity Available
Sewer type Public Sewer
Heating system Forced Air, Natural Gas
Cooling system Central Air
Water source Public

Building Details

Floors in Building 1
Number of units 1
Flooring type Carpet, Tile - Ceramic
Building materials Frame, Stucco
Roof type Flat
Listing Agency: BHGRE Steinborn & Associates · Better Homes and Gardens Real Estate
Listed By: Crystal McCaslin · License #49343
Added: Apr 21 Changed: Aug 1 Last Checked: Aug 5 at 12:06AM
MLS# 2601287

Copyright © 2026 Las Cruces Association of REALTORS®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

Fully leased NNN retail property at 1615 N Solano Drive in Las Cruces, NM. The building is occupied by established tenants and is described as having a long-term lease structure, with expenses largely covered by the tenants, including taxes, insurance, and maintenance.

The site is 0.33 acres and is served by public water and public sewer, with electricity available. The exterior is frame with stucco construction and the roof is flat. Interior finishes include carpet and ceramic tile. Heating is forced air with natural gas, and cooling is provided by central air.

This property is positioned as a stable, operationally lighter NNN offering where the leased setup is intended to support predictable cash flow and reduced landlord responsibilities.

Key Highlights

  • 0.33‑acre NNN retail property at 1615 N Solano Drive, Las Cruces, NM
  • Fully leased and occupied by established tenants under a long‑term lease structure
  • Expenses largely covered by tenants, including taxes, insurance, and maintenance (NNN structure)

Property Analytics

Current Use

ProTax, LLC Tax Preparation Verde Environmental II, ... Environmental Engineer Local NM Business Marketing & Advertising weight watchers Weight Loss Service Nicole's Therapeutic Massage Alternative Medicine Practice

Suggested Use

Top Pick Dental Office Building Supply (Bike/Boat/Book/etc) Store Accounting Firm Storage Facility Veterinary Clinic

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

100%
Occupancy
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

1,248
Businesses Nearby

Demographics for 88001, NM

36,831
Population
16,985
Households
2.2
Avg Household Size
30
Median Age
29%
College-Educated
83%
High-School Grad
11.1 sq mi
ZIP Area
3,318
Density / Sq Mi
$32,978
Median Household Income
$23,195
Median Earnings
$797
Median Rent
$158,300
Median Home Value

Market

Vacancy Rate% for Retail in West region

7% 2020
6.3% 2021
5.5% 2022
5.3% 2023
5.5% 2024
5.8% 2025
Rey
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Frequently Asked Questions

What type of property is this?
NNN property - Fully leased NNN retail property with established tenants and utilities including public water and public sewer.
Where is this nnn property located?
The property is located at 1615 N Solano Drive Las Cruces, NM.
What is the asking price?
The asking price for this property is $1,143,000.
What are key features of this property?
This property features: 0.33‑acre NNN retail property at 1615 N Solano Drive, Las Cruces, NM; Fully leased and occupied by established tenants under a long‑term lease structure; Expenses largely covered by tenants, including taxes, insurance, and maintenance (NNN structure)
More about this property
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