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Shopping Center with Pad Opportunities
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1701 E University Ave, Las Cruces, NM 88001

Well-positioned retail center with shop space and pad ground lease or build-to-suit opportunities.

Lot Size0.80 Acres
Days on Market374

Property Features for 1701 E University Ave

General Information

Standard status Active
Lot size 0.80 Acres
Property subtype LAND
Lease Type SF/mo

Additional Details

Highway Access Yes
Listing Agency: Colliers | Albuquerque
Listed By: Ben Perich · License #45966
Source: Moodyscre
Added: Jul 22, 2025 Changed: Jul 27 Last Checked: Jul 29 at 3:28PM

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 well-located shopping center offers a mix of junior anchor opportunities, shop space availability, and pad ground lease and build-to-suit opportunities. The center is positioned for retail tenancy that benefits from an established shopping environment.

The property is on University Ave just west of the I-25 interchange and is directly across the street from New Mexico State University. This creates straightforward access for campus-adjacent foot traffic and convenient vehicular visibility along University Ave.

For tenants and developers looking for flexible site options, the available ground-lease and build-to-suit pads can support custom layouts, while the shop space opportunities provide established options within the shopping center setting.

Key Highlights

  • Well‑located shopping center on University Ave, just west of the I‑25 interchange
  • Directly across the street from New Mexico State University
  • Opportunities available include junior anchor space, shop space, and pad ground lease/build‑to‑suit

Property Analytics

Current Use

Dollar Tree Discount Store Toucan Market Grocery & Convenience Store Coin Cloud Bitcoin ... Atm

Suggested Use

Top Pick Real Estate Agency Building Supply Auto Repair Shop Big Box & Wholesale Store Pharmacy Hair Salon

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

Yes
Highway access
NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

819
Businesses Nearby
Balanced
Demand for This Use

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
Rey
Questions? Ask Rey
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Similar Off Market Nearby

  • Coin Cloud Bitcoin ATM — 1701 #1 E University Ave, Las Cruces, NM 88001
  • Solano Square — Missouri Ave, Las Cruces, NM 88001

Frequently Asked Questions

What type of property is this?
Shopping center - Well-positioned retail center with shop space and pad ground lease or build-to-suit opportunities.
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 $6,666 /Mo.
What are key features of this property?
This property features: Well‑located shopping center on University Ave, just west of the I‑25 interchange; Directly across the street from New Mexico State University; Opportunities available include junior anchor space, shop space, and pad ground lease/build‑to‑suit
(505) 507-1678 Call to check price and availability
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