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Leased Financial Services Building
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1595 El Paseo Rd, Las Cruces, NM 88001

Investment property currently leased to LendNation, offering loans and money services in multiple states.

Property SizeContact for details
Days on Market123

Property Features for 1595 El Paseo Rd

General Information

Standard status Active
Property subtype Office
Listing Agency: NAI 1st Valley
Listed By: Jacob Slavec · License #NM 48002AB
Source: Crexi
Added: Apr 12 Changed: Aug 8 Last Checked: Jul 22 at 6:35PM

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

Investment Insights

Based on property information with market context.

This investment property is located at 1595 El Paseo Rd in Las Cruces and is currently leased. The tenant, LendNation (formerly known as Nationwide), offers a variety of loans and money services to customers in 12 states.

The property sits on El Paseo Drive, identified in the remarks as the main north/south thoroughfare in Las Cruces.

Key Highlights

  • Investment property on El Paseo Drive, Las Cruces’ main north/south thoroughfare
  • Currently leased to LendNation (formerly Nationwide), offering loans and money services
  • Tenant is a subsidiary of QC Holding, Inc., a publicly traded company

Property Analytics

Current Use

Couth Cannabis Bar & Pub

Suggested Use

Top Pick Parking Lot & Garage Electrical Service Grocery & Convenience Store (Bike/Boat/Book/etc) Store Locksmith HVAC Service

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

Location Intelligence

Trade Area within ½ mile

687
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
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Frequently Asked Questions

What type of property is this?
Bank - Investment property currently leased to LendNation, offering loans and money services in multiple states.
Where is this bank located?
The property is located at 1595 El Paseo Rd Las Cruces, NM.
What are key features of this property?
This property features: Investment property on El Paseo Drive, Las Cruces’ main north/south thoroughfare; Currently leased to LendNation (formerly Nationwide), offering loans and money services; Tenant is a subsidiary of QC Holding, Inc., a publicly traded company
(575) 521-1535 Call to check price and availability
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