4157 White Sage Arc Las Cruces, NM
NNN leased retail property with corporate guarantee and rent escalations.
Property size:
5,100 SFLot size:
4.02 AcresProperty Features for 4157 White Sage Arc
General Information
- Size
- 5,100 SF
- Lot size
- 4.02 Acres
Source:
Moodyscre
Listing Agent: Jake Redfearn
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
Overview
Retail Investment Opportunity
This retail property represents a passive investment opportunity with a NNN lease and corporate guarantee. The landlord contributed over $1M for the tenant’s build-out of the building. The site is positioned at the center point of the two largest master-planned communities in Las Cruces: Sonoma Ranch Golf Course Community and Metro Verde Golf Course Development. The lease includes 10% rent increases every 5 years throughout the base term and options, providing a hedge against inflation. The property benefits from excellent access and visibility from US Highway 70, which has a traffic count of nearly 55,000 vehicles per day. It is located just over 1.5 miles from I-25 (41,500 VPD) and a strong retail corridor with tenants such as Sam’s Club, Lowe’s, Kohl’s, and Ashley Store. The property is less than 1 mile from Doña Community College, which has approximately 7,900 students, and less than 2.5 miles from Organ Mountain High School, with 1,874 students. The property has a size of 5,100 square feet.
Location Intelligence
Current Use by Public Records
Retail space
Location Insight
- Map
- Local Demand
- City
- Las Cruces
- County
- Dona Ana
- State
- New Mexico
- Longitude
- -106.7529514
- Latitude
- 32.3001619
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FAQs
What type of property is this?
Retail space - NNN leased retail property with corporate guarantee and rent escalations.
Where is this retail space located?
The property is located at 4157 White Sage Arc Las Cruces, NM.
What is the asking price?
The asking price for this property is $3,138,461.
What are key features of this property?
This property features: - Passive investment with NN Lease and Corporate Guarantee.; - 10% rent increases every 5 years, providing a strong hedge against inflation.; - Excellent access and visibility from US Highway 70 (55,000 VPD).