Mixed-Use Retail and Office
2060 Calle De Parian Mesilla, NM 88046
2060 Calle De Parian, Mesilla, NM, 88046
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For Sale
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Property on Mesilla Plaza includes lower retail tenants, upper offices, and a unit currently used for VRBO.
Property Size4,950 SF
Price / SF$181.82
Days on Market120
Property Features for 2060 Calle De Parian
General Information
- Standard status
- Active
- Size
- 4,950 SF
- Property subtype
- RETAIL
Listing agency
Steinborn/TCN Commercial Real Estate
(575) 639-1208
Listed by
Kary Bulsterbaum · License #43302
(575) 639-1208
Source
Moodyscre
Added: Mar 25 Updated: Jul 22 at 4:45PM Checked: Jul 22 at 4:45PM
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 Steinborn/TCN Commercial Real Estate
Investment Insights
Based on property information with market context.
This mixed-use property offers a diversified in-place tenant mix with two primary lower-floor retail tenants and four upper-floor office suites. There is also an existing unit currently offered for VRBO purposes, which can be used as an additional office.
The building is positioned at a main entry point to Mesilla Plaza and directly across the street from the La Posta main entrance. Public remarks indicate signage opportunities and flexibility for retail operation and other uses.
An adjacent, separate facility is also available for sale and is described as generating $44,000 plus in gross income, with future increases built into the current tenant’s lease. The current tenant at this location is also described as willing to renew under a long-term lease arrangement.
The building is positioned at a main entry point to Mesilla Plaza and directly across the street from the La Posta main entrance. Public remarks indicate signage opportunities and flexibility for retail operation and other uses.
An adjacent, separate facility is also available for sale and is described as generating $44,000 plus in gross income, with future increases built into the current tenant’s lease. The current tenant at this location is also described as willing to renew under a long-term lease arrangement.
Key Highlights
- Mesilla Plaza property at a main entry point with signage opportunities and an adjacent separate facility also available
- Diversified tenancy: two primary lower‑floor retail tenants, four upper‑floor offices, and an additional unit currently used for VRBO
- VRBO unit can also be used as an additional office
Local Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $68.3k | $13.80 |
| − Vacancy | −$9.9k | −$2.00 |
| EGI | $58.4k | $11.80 |
| − OpEx | −$14.6k | −$2.95 |
| NOI | $43.8k | $8.85 |
4,950 SF · lease $13.80/SF/yr · vacancy 14.50% · expense 25.00%
Alternative Uses
Best Use
Office B
$625.8K
$547.6K – $730.1K
NOI $43,804 @ 7.0% cap · market cap 4.87%
Second Best
Retail
$573.8K
$502.1K – $669.4K
NOI $40,166 @ 7.0% cap · market cap 4.46%
Theoretical Best
Office A
$866.2K
$758.0K – $1.01M
NOI $60,636 @ 7.0% cap · market cap 6.74%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
The Cannabis Tropical Powered ...
(Bike/Boat/Book/etc) Store
Julienne Jewelry (Billy ...
(Bike/Boat/Book/etc) Store
FAQs
What type of property is this?
Retail space - Property on Mesilla Plaza includes lower retail tenants, upper offices, and a unit currently used for VRBO.
Where is this retail space located?
The property is located at 2060 Calle De Parian Mesilla, NM.
What is the asking price?
The asking price for this property is $900,000.
What are key features of this property?
This property features: Mesilla Plaza property at a main entry point with signage opportunities and an adjacent separate facility also available; Diversified tenancy: two primary lower‑floor retail tenants, four upper‑floor offices, and an additional unit currently used for VRBO; VRBO unit can also be used as an additional office
