655 E University Ave Las Cruces, NM 88001

This location presents a development opportunity suitable for a variety of concepts, benefiting from high traffic volume. Situated just off a hard corner, it is directly across from the newly built Las Cruces Convention Center and Marriott Courtyard Hotel, managed by New Mexico State University's housing and tourism department. The area has been home to numerous high-profile retail businesses, financial services, and state offices for years. The site is near New Mexico State University and is easily accessible from Interstate 10 and the University Interchange. The location is suitable for traditional retail or unique retail concepts that would integrate well within a university setting or the surrounding neighborhood. The expansion of various office concepts may also be viable. The location is near Mesilla Park, which offers a demographic base that spends above national averages in various categories, as well as a large university employment base and a young shopping base that desires unique retail options. Opportunities exist for general merchandise, home improvement, entertainment, and unique specialty food concepts. The area is significant to New Mexico State University's master development plan and is expected to be a focus for community leaders and developers. The property offers 9000 square feet of retail space and land division will be considered.