Listing Agency: Base 5 Retail Partners

Listed By: David Chavez · License #18472QB Show Phone

Source: Carnm.resimplifi

Added: Jan 1 Changed: Sep 10 Last Checked: Sep 26 at 3:46AM

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Investment Insights

Based on property information with market context.

This offering presents a former K-Mart box retail space now available for lease. The property is described as a box-style former department store configuration suitable for retail re-tenanting.

The listing is located at 1900 Bataan Memorial in Las Cruces, New Mexico.

The available space is approximately 3,000 square feet, based on the information provided.

Key Highlights

• Former K‑Mart retail box available for lease

Property Analytics

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Open Analytics

Current Use

Retail space

Suggested Use

Top Pick Real Estate Agency Building Supply Law Firm Restaurant Auto Repair Shop Auto Parts Store

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

NNN (Triple Net)

Lease Type

Location Intelligence

Trade Area within ½ mile

429

Businesses Nearby

Explore this area Business Placement

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

Market

Lease Benchmarks for Las Cruces, NM

$19.14 /SF/Yr

Avg Asking Price

$10–$38 /SF/Yr

Price Range

25,485 SF

Avg Space Size

Vacancy Rate% for Retail in West region

7% 2020

6.3% 2021

5.5% 2022

5.3% 2023

5.5% 2024

5.8% 2025

Questions? Ask Rey

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What type of property is this? Where is this retail space located? What is the lease rate? Find similar properties What are key features of this property?

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Frequently Asked Questions

What type of property is this?

Retail space - Former K-Mart box retail space is available for lease.

Where is this retail space located?

The property is located at 1900 Bataan Memorial Las Cruces, NM.

What are key features of this property?

This property features: Former K‑Mart retail box available for lease