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Turnkey Restaurant in Business Plaza
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141 Roadrunner Pkwy, Las Cruces, NM 88011

Turnkey restaurant with FF&E, bar/lounge, open seating, private rooms, and carry-out sections within a business plaza.

Property Size3,413 SF
Price / SF$0.00
Days on Market243

Property Features for 141 Roadrunner Pkwy

General Information

Standard status Active
Size 3,413 SF
Property subtype Retail
Zoning PUD
Lease Type NNN

Additional Details

Furnished Yes
Traffic Count 40,000 vehicles/day

Amenities

bar/lounge space
open seating
private rooms
carry out sections

Building Details

Year Built 2005
Listing Agency: STEINBORN / TCN Commercial Real Estate
Listed By: Kary Bulsterbaum · License #43302
Source: Carnm.resimplifi
Added: Mar 1 Changed: Oct 26 Last Checked: Oct 28 at 4:49AM

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 STEINBORN / TCN Commercial Real Estate

Rey
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Review the available facts, identify missing information and prepare questions for the agent.

Investment Insights

Based on property information with market context.

This turnkey restaurant facility is offered with the necessary FF&E in place. The interior layout combines bar/lounge space with open seating, private rooms, and designated carry-out sections, providing multiple service areas within a single restaurant space.

The site is located just off a 40,000+ traffic intersection, supporting consistent visibility and convenient access. It sits within a business plaza with immediate access to a substantial employment base, with surrounding area activity described as steady and in high demand.

The property is sized at 3,413 square feet and is positioned as a straightforward option for an operator seeking a ready-to-run restaurant configuration.

Key Highlights

  • Turnkey restaurant sale with FF&E included
  • Interior layout includes bar/lounge space and open seating
  • Includes private rooms and carry‑out sections

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$31,255
Suggested Prices Based on Cap Rates
Cap Rate 5%
$625,100 $625.1K
Cap Rate 7%
$446,500 $446.5K
Cap Rate 9%
$347,278 $347.3K
Market Conditions
NOI Build-Up for 3,413 SF
Gross rent
$45.1K $13.20/SF
− Vacancy
−$3.4K −$0.99/SF
EGI
$41.7K $12.21/SF
− OpEx
−$10.4K −$3.05/SF
NOI
$31.3K $9.16/SF
Area
Las Cruces, NM
Vacancy
7.50%
Lease Rate
$13.20 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$625,100
Cap Rate 7%
$446,500
Cap Rate 9%
$347,278

Alternative Uses

Best Use
Specialty Retail
$446.5K
$390.7K – $520.9K (±1% cap)
NOI $31,255 @ 7.0% cap · market cap 223,250.00%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$597.3K
$522.6K – $696.8K (±1% cap)
NOI $41,808 @ 7.0% cap · market cap 298,628.57%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Dona Ana Title ... Title Company Charles Schwab Financial Advisor James Kerner, MD, ... Physician Jennifer L. Herrmann, ... Physician Century Bank Bank

Suggested Use

Top Pick Auto Repair Shop Auto Parts Store Building Supply Big Box & Wholesale Store Kitchen & Bath Showroom Electrical 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.

Lease Details

40,000 VPD
Traffic count

Location Intelligence

Trade Area within ½ mile

993
Businesses Nearby
Under-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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

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

Frequently Asked Questions

What type of property is this?
Conventional restaurant - Turnkey restaurant with FF&E, bar/lounge, open seating, private rooms, and carry-out sections within a business plaza.
Where is this conventional restaurant located?
The property is located at 141 Roadrunner Pkwy Las Cruces, NM.
What are key features of this property?
This property features: Turnkey restaurant sale with FF&E included; Interior layout includes bar/lounge space and open seating; Includes private rooms and carry‑out sections
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Includes: Price & PSF · Cap rate · Location · Zoning

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