Retail Space in University Shopping
For Lease
Contact for pricing
1701 E University Ave, Las Cruces, NM 88001
Shopping center retail space offered for lease near the University Ave and I-25 interchange.
Space Size1,456 SF
Days on Market420
Property Features for 1701 E University Ave
General Information
Standard status
Active
Size
1,456 SF
Property subtype
RETAIL
Lease Type
NNN
Spaces For Lease
at 1701 E University Ave Contact us- Floor
- 1
- Size
- 1,456 SF
- Type
- RETAIL
- Lease Type
- NNN
- Availability
- AVAILABLE, Completion
- Sublease
- No
Building 1 $35/SF/Yr
- Well located shopping center on University Ave. just west of the I-25 interchange
-...
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Contact us
Listing Agency:
Colliers | Albuquerque
(505) 883-7676
Listed By:
Ben Perich · License #45966
(505) 507-1678
Source:
Moodyscre
Added: Jul 22, 2025
Changed: Sep 2
Last Checked: Sep 13 at 5:37AM
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 Colliers | Albuquerque
Investment Insights
Based on property information with market context.
This is a well-located shopping center offering retail space for lease. The property includes junior anchor opportunities, shop space, and pad ground lease and build-to-suit possibilities, giving flexibility for a range of tenants and configurations.
The center is on University Ave, just west of the I-25 interchange, and it sits directly across the street from New Mexico State University.
Available opportunities include both in-line retail and exterior pad options, supporting tenants looking for either established storefront space or space designed for a specific build-to-suit need.
The center is on University Ave, just west of the I-25 interchange, and it sits directly across the street from New Mexico State University.
Available opportunities include both in-line retail and exterior pad options, supporting tenants looking for either established storefront space or space designed for a specific build-to-suit need.
Key Highlights
- Shopping center retail space available for lease on University Ave, just west of the I‑25 interchange
- Directly across the street from New Mexico State University
- Includes junior anchor space, shop space, and pad ground lease and build‑to‑suit opportunities
Property Analytics
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Current Use
Lease Details
NNN (Triple Net)
Lease Type
$5.25 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
819
Businesses Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
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
Lease Benchmarks for Las Cruces, NM
$12.8 /SF/Yr
Avg Asking Price
$10–$20 /SF/Yr
Price Range
38,073 SF
Avg Space Size
This space is priced 173% above the average of $12.8 /SF/Yr.
Vacancy Rate% for Retail in West region
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Frequently Asked Questions
What type of property is this?
Shopping center - Shopping center retail space offered for lease near the University Ave and I-25 interchange.
Where is this shopping center located?
The property is located at 1701 E University Ave Las Cruces, NM.
What is the lease rate?
The lease rate is $35 SF/Yr.
What are key features of this property?
This property features: Shopping center retail space available for lease on University Ave, just west of the I‑25 interchange; Directly across the street from New Mexico State University; Includes junior anchor space, shop space, and pad ground lease and build‑to‑suit opportunities
