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 Market466
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
Building 1
$35/SF/Yr
Floor
1
Size
1,456 SF
Type
RETAIL
Lease Type
NNN
Availability
AVAILABLE, Completion
Sublease
No
- Well located shopping center on University Ave. just west of the I-25 interchange
- Directly across the street from New Mexico State University
- Junior Anchor, Shop Space, and Pad Ground Lease and Build to Suit opportunities available
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: Oct 25
Last Checked: Oct 28 at 7:13AM
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
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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 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
Who owns this building?
See the owner, sales and loan history
Open Analytics
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
View Realmo Analytics
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
Similar Off Market Nearby
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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
