2510 W Picacho Ave, Las Cruces, NM 88007
Retail property with corporate lease and investment yield.
- Added:
- Feb 17, 2026
- Days on Market:
- 129
- Last Refresh:
- Mar 17 at 1:15 pm
Property Features for 2510 W Picacho Ave
General Information
- Standard status
- Active
- Size
- 10,010 SF
- Property subtype
- Retail
Building Details
- Year Built
- 2023
Listing office Marcus & Millichap - Denver
Listing date Feb 17, 2026
Source Crexi
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 Marcus & Millichap - Denver
HighLights
- 7.71% Yield on Investment
- Corporate Lease with NASDAQ: DLTR
- Year Built: 2023
Overview
Local 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 | $126.1k | $12.60 |
| − Vacancy | −$10.1k | −$1.01 |
| EGI | $116.0k | $11.59 |
| − OpEx | −$34.8k | −$3.48 |
| NOI | $81.2k | $8.11 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Las Cruces
- County
- Dona Ana
- State
- New Mexico
- Longitude
- -106.8127669
- Latitude
- 32.3113072
