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Multi-Tenant Retail Office Center
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3961 E Lohman Ave, Las Cruces, NM 88011

Four-building retail office center that is 100% occupied, with NNN leases covering most tenants.

Property Size35,000 SF
Lot Size4.75 Acres
Days on Market124

Property Features for 3961 E Lohman Ave

General Information

Standard status Active
Size 35,000 SF
Lot size 4.75 Acres
Property subtype Retail
Occupancy 100%

Additional Details

Highway Access Yes

Building Details

Tenancy Multi
Listing Agency: RESOLUT RE San Antonio
Listed By: Ray Kang, CCIM · License #TX 693716
Source: Crexi
Added: Apr 11 Changed: Aug 8 Last Checked: Jul 23 at 1:50PM

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 RESOLUT RE San Antonio

Investment Insights

Based on property information with market context.

Mountain Vista Plaza is a four-building, multi-tenant retail office center with approximately 35,000 square feet of gross leasable area on a 4.75-acre lot. The property is professionally managed and maintained, and is currently 100% occupied with 8 of the 10 tenants on NNN leases. One tenant (Army Corp of Engineers) recently renewed a full service lease related to repairs and janitorial, with additional amounts paid separately for other related CAM costs.

The center is located along E. Lohman Avenue within minutes east of the Can Am Highway (I-25). It sits just to the east of the Mesilla Valley Mall and is shadowed to the west by Mountain View Regional Medical Center.

Recent capital improvements include a full roof replacement in 2016, 9 HVAC units installed in 2016, exterior painting of the complex in 2017, and parking lot sealing in 2020. Nearby retailers include Walgreen’s, Dunkin’ Donuts, Ross, Petco, and Big 5 Sporting Goods, among others.

Key Highlights

  • Four‑building multi‑tenant retail office center totaling approximately 35,000 SF on a 4.75‑acre lot
  • 100% occupied with 8 of 10 tenants on NNN leases (remaining tenant has a full service lease with separate CAM‑related charges)
  • Professional management and well‑maintained property

Property Analytics

Current Use

Las Cruces US ... Military Recruiting Office Covenant Clinics Medical Clinic Sasha I. Thornock, ... Physician Spine & Muscle Rehabilitation Medical Clinic Sakura Japanese House Restaurant

Suggested Use

Top Pick Auto Repair Shop Auto Parts Store Dental Office Building Supply Electrical Service Kitchen & Bath Showroom

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
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

1,064
Businesses Nearby
Well-served
Demand for This Use

Demographics for 88011, NM

32,885
Population
15,160
Households
2.2
Avg Household Size
43
Median Age
55%
College-Educated
95%
High-School Grad
251.7 sq mi
ZIP Area
131
Density / Sq Mi
$75,139
Median Household Income
$43,093
Median Earnings
$1,053
Median Rent
$315,100
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
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Shopping center - Four-building retail office center that is 100% occupied, with NNN leases covering most tenants.
Where is this shopping center located?
The property is located at 3961 E Lohman Ave Las Cruces, NM.
What are key features of this property?
This property features: Four‑building multi‑tenant retail office center totaling approximately 35,000 SF on a 4.75‑acre lot; 100% occupied with 8 of 10 tenants on NNN leases (remaining tenant has a full service lease with separate CAM‑related charges); Professional management and well‑maintained property
(210) 374-6111 Call to check price and availability
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