Net-Leased Sports Retail
For Sale
Contact for pricing
2230 N Telshor Blvd, Las Cruces, NM 88011
Freestanding, single-tenant Sportsman’s Warehouse is net-leased in a 26,763 SF retail building off I-25 and N. Telshor Boulevard.
Property Size26,763 SF
Price / SF$250.35
Days on Market56
Property Features for 2230 N Telshor Blvd
General Information
Standard status
Active
Size
26,763 SF
Property subtype
RETAIL
Site & Location
Traffic Count
63,137 vehicles/day
Highway Access
Yes
Building Details
Tenancy
Single
Listing Agency:
Colliers | Las Vegas
(702) 727-3778
Listed By:
Ben Perich · License #63542
(505) 507-1678
Source:
Moodyscre
Added: Jun 5
Changed: Jul 27
Last Checked: Jul 29 at 4:11PM
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 | Las Vegas
Investment Insights
Based on property information with market context.
Colliers exclusively presents a single-tenant, net-leased Sportsman’s Warehouse located at 2230 N Telshor Blvd in Las Cruces, NM. The property is a freestanding retail building totaling 26,763 SF, currently occupied under a net lease.
The site is positioned off of I-25 and N. Telshor Boulevard, with combined traffic counts of 63,137 VPD. The tenant is Sportsman’s Warehouse (NASDAQ: SPWH), an outdoor specialty retailer offering outdoor sporting gear and supplies, along with gunsmithing services.
This offering provides a straightforward, owner-occupied-structure retail investment format with one operating tenant in a dedicated freestanding building.
The site is positioned off of I-25 and N. Telshor Boulevard, with combined traffic counts of 63,137 VPD. The tenant is Sportsman’s Warehouse (NASDAQ: SPWH), an outdoor specialty retailer offering outdoor sporting gear and supplies, along with gunsmithing services.
This offering provides a straightforward, owner-occupied-structure retail investment format with one operating tenant in a dedicated freestanding building.
Key Highlights
- Single‑tenant, net‑leased Sportsman’s Warehouse in a freestanding 26,763 SF retail building
- Located off I‑25 and N. Telshor Boulevard with combined traffic counts of 63,137 VPD
- Sportsman’s Warehouse (NASDAQ: SPWH) outdoor specialty retailer carrying sporting gear and supplies
Financial Insights For Retail
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 | $337.2k | $12.60 |
| − Vacancy | −$27.0k | −$1.01 |
| EGI | $310.2k | $11.59 |
| − OpEx | −$93.1k | −$3.48 |
| NOI | $217.2k | $8.11 |
26,763 SF · lease $12.60/SF/yr · vacancy 8.00% · expense 30.00%
Alternative Uses
Best Use
Retail
$3.10M
$2.71M – $3.62M
NOI $217,166 @ 7.0% cap · market cap 3.24%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$4.68M
$4.10M – $5.46M
NOI $327,836 @ 7.0% cap · market cap 4.89%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
63,137 VPD
Traffic count
Single-tenant
Tenancy
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
404
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
Vacancy Rate% for Retail in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Retail space - Freestanding, single-tenant Sportsman’s Warehouse is net-leased in a 26,763 SF retail building off I-25 and N. Telshor Boulevard.
Where is this retail space located?
The property is located at 2230 N Telshor Blvd Las Cruces, NM.
What is the asking price?
The asking price for this property is $6,700,000.
What are key features of this property?
This property features: Single‑tenant, net‑leased Sportsman’s Warehouse in a freestanding 26,763 SF retail building; Located off I‑25 and N. Telshor Boulevard with combined traffic counts of 63,137 VPD; Sportsman’s Warehouse (NASDAQ: SPWH) outdoor specialty retailer carrying sporting gear and supplies
