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Building Details

Year Built 2021

Buildings 1

Stories 1

Tenancy Single

Listing Agency: CBRE - South Bay

Listed By: Bo Henderson · License #02148577 Show Phone

Source: Crexi

Added: Mar 25 Changed: Sep 30 Last Checked: Oct 14 at 9:13PM

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Investment Insights

Based on property information with market context.

This Popeyes retail space is a new-construction property with a double drive-thru configuration. The offering includes a 20-year lease, combining a newly built restaurant facility with an established drive-thru format.

The property is located at 4520 Sonoma Ranch Blvd in Las Cruces, New Mexico.

Key Highlights

• New‑construction Popeyes retail space
• Double drive‑thru configuration
• 20‑year lease

Property Analytics

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Current Use

Popeyes Restaurant

Suggested Use

Top Pick Building Supply Law Firm Big Box & Wholesale Store Auto Parts Store Real Estate Agency Auto Repair Shop

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

196

Businesses Nearby

Explore this area Business Placement

Demographics for 88012, NM

32,550

Population

12,704

Households

2.6

Avg Household Size

34

Median Age

35%

College-Educated

86%

High-School Grad

348.8 sq mi

ZIP Area

93

Density / Sq Mi

$66,988

Median Household Income

$40,670

Median Earnings

$1,210

Median Rent

$222,300

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

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Frequently Asked Questions

What type of property is this?

Retail space - New construction and a 20-year lease define the offering.

Where is this retail space located?

The property is located at 4520 Sonoma Ranch Blvd Las Cruces, NM.

What is the asking price?

The asking price for this property is $2,875,000.

What are key features of this property?

This property features: New‑construction Popeyes retail space; Double drive‑thru configuration; 20‑year lease