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Retail Space in Las Cruces
For Lease
$15 SF/Yr

2780 W Picacho Ave, Las Cruces, NM 88007

Retail space available in a high-traffic Las Cruces location.

Space SizeContact for details
Days on Market1629

Property Features for 2780 W Picacho Ave

General Information

Standard status Active
Property subtype Retail

Spaces For Lease

at 2780 W Picacho Ave Contact us

Available Space $15/Mo

Contact us
Listing Agency: NAI 1st Valley Realty
Listed By: Jessie Carreon · License #53098
Source: Carnm.resimplifi
Added: Mar 31, 2022 Changed: Sep 9 Last Checked: Sep 12 at 4:58AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of NAI 1st Valley Realty

Investment Insights

Based on property information with market context.

This retail space is situated at a main retail intersection that services Legends West and Picacho Hills, two of the largest subdivisions on the west side. The location is near Mayfield High School and Picacho Middle School and is within 1/2 mile of the Dona Ana County Government Complex. Adjacent businesses include Walgreens, Subway, Circle K, Valero, and Citizen’s Bank. The property offers 8,820 square feet of retail space.

Key Highlights

  • Main retail intersection location servicing Legends West & Picacho Hills.
  • High‑traffic location with adjacent Walgreens, Subway, Circle K, Valero, and Citizen’s Bank.
  • Proximity to Dona Ana County Government Complex (within 1/2 mile).

Property Analytics

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Current Use

Subway Take-out & Catering U. S. Census ... Federal Government Office

Suggested Use

Top Pick Real Estate Agency Law Firm Hair Salon Restaurant Spa & Massage Center Big Box & Wholesale Store

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

NNN (Triple Net)
Lease Type
$2.25 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

352
Businesses Nearby

Demographics for 88007, NM

24,803
Population
10,262
Households
2.4
Avg Household Size
41
Median Age
29%
College-Educated
87%
High-School Grad
328.6 sq mi
ZIP Area
75
Density / Sq Mi
$65,022
Median Household Income
$36,864
Median Earnings
$794
Median Rent
$232,200
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Lease Benchmarks for Las Cruces, NM

$18.74 /SF/Yr
Avg Asking Price
$10–$38 /SF/Yr
Price Range
19,655 SF
Avg Space Size

This space is priced 20% below the average of $18.74 /SF/Yr.

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?
Retail space - Retail space available in a high-traffic Las Cruces location.
Where is this retail space located?
The property is located at 2780 W Picacho Ave Las Cruces, NM.
What is the lease rate?
The lease rate is $15 SF/Yr.
What are key features of this property?
This property features: Main retail intersection location servicing Legends West & Picacho Hills.; High‑traffic location with adjacent Walgreens, Subway, Circle K, Valero, and Citizen’s Bank.; Proximity to Dona Ana County Government Complex (within 1/2 mile).
More about this property
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