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Leased NNN Retail Property
For Sale
$1,143,000

1615 N Solano Drive, Las Cruces, NM 88001

Commercial Sale, Las Cruces, NM

Property SizeContact for details
Lot Size0.33 Acres
Days on Market193

Property Features for 1615 N Solano Drive

General Information

Property type Commercial Sale
Property subtype Office
Subdivision Knox Addition
Directions North on Solano, between Spruce and Madrid
Standard status Active
APN 4-007-134-311-229
Lot size 0.33 Acres

Additional Details

Tenant in Place Yes

Taxes and HOA fees

Tax Description Subd: KNOX ADDITION Lot: 15 Block: 3K Subd: KNOX ADDITION Lot: 1 Block: 3K S: 7 T: 23S R: 2E LOT 15 AND PART OF LOT 1,INSTRUMENT #2213172
Legal Description Subd: KNOX ADDITION Lot: 15 Block: 3K Subd: KNOX ADDITION Lot: 1 Block: 3K S: 7 T: 23S R: 2E LOT 15 AND PART OF LOT 1,INSTRUMENT #2213172

Utilities

Utilities Electricity Available
Sewer type Public Sewer
Heating system Natural Gas, Forced Air
Cooling system Central Air
Water source Public

Building Details

Floors in Building 1
Number of units 1
Flooring type Carpet, Tile - Ceramic
Building materials Frame, Stucco
Roof type Flat
Listing Agency: BHGRE Steinborn & Associates · Better Homes and Gardens Real Estate
Listed By: Zane Fikany
Added: Apr 21 Changed: Oct 24 Last Checked: Oct 30 at 9:06AM
MLS# 2601287

Copyright © 2026 Las Cruces Association of REALTORS®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

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 fully leased retail property is structured under NNN lease terms, with tenants responsible for taxes, insurance, and maintenance. The building uses frame and stucco construction and includes ceramic tile and carpet flooring, central air conditioning, and natural gas forced-air heating. A flat roof completes the existing improvements.

Situated at 1615 N Solano Drive in Las Cruces, the property occupies 0.33 acres and has access to public water and public sewer services. Electricity is available, supporting the existing retail use. The combination of occupied retail space and a lease structure that assigns major property expenses to tenants provides a straightforward operating profile for a commercial owner.

Key Highlights

  • Fully leased retail property with NNN lease structure
  • Tenants cover taxes, insurance, and maintenance
  • 0.33‑acre property at 1615 N Solano Drive

Property Analytics

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

Current Use

ProTax, LLC Tax Preparation Verde Environmental II, ... Environmental Engineer Local NM Business Marketing & Advertising weight watchers Weight Loss Service Nicole's Therapeutic Massage Alternative Medicine Practice

Suggested Use

Top Pick Dental Office Building Supply (Bike/Boat/Book/etc) Store Accounting Firm Storage Facility Veterinary Clinic

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

Location Intelligence

Trade Area within ½ mile

774
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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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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?
NNN property - Fully leased storefront with tenants covering taxes, insurance, and maintenance under NNN lease terms.
Where is this nnn property located?
The property is located at 1615 N Solano Drive Las Cruces, NM.
What is the asking price?
The asking price for this property is $1,143,000.
What are key features of this property?
This property features: Fully leased retail property with NNN lease structure; Tenants cover taxes, insurance, and maintenance; 0.33‑acre property at 1615 N Solano Drive
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