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Restaurant Building with Open Layout
For Sale
Contact for pricing
Pending

500 S Telshor Blvd, Las Cruces, NM 88011

Currently occupied restaurant property with high ceilings, adaptable interiors, and convenient access near Interstate 25.

Property Size10,018 SF
Days on Market143

Property Features for 500 S Telshor Blvd

General Information

Standard status Pending
Size 10,018 SF
Total Parking Spaces 70
Property subtype Retail, Special Purpose, Mixed Use
Occupancy 100%

Site & Location

Highway Access Yes
Road Access Yes

Building Details

Buildings 1
Abandoned No
Listing Agency: Allen Sigmon Real Estate Group
Listed By: Jessie Hilliard · License #NM 49776
Source: Crexi
Added: Apr 11 Changed: Aug 30 Last Checked: Aug 30 at 11:36PM

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 Allen Sigmon Real Estate Group

Investment Insights

Based on property information with market context.

This approximately 10,018-square-foot restaurant building is currently occupied by the owner-tenant, who plans to vacate after closing, with an estimated 30–60-day transition period. High ceilings and a relatively open interior provide a flexible foundation for future restaurant users or a retrofit to other customer-facing operations. FF&E is negotiable, and the property is available with or without the full liquor license.

The building sits near Interstate 25, a few hundred feet from the property, providing direct access for customers traveling through Las Cruces. On-site parking includes approximately 70 spaces positioned in front of the building, supplemented by shared parking with the adjacent mall parcel. Its elevated position above the street adds a prominent roadside presence.

Key Highlights

  • Approximately +/-10,018sf of restaurant space
  • Approximately 70 parking spaces directly in front of the building
  • Interstate 25 is a few hundred feet from the property

Property Analytics

Current Use

The Pecan Grill and Brewery Bar & Pub O Shoes Clothing & Fashion Store

Suggested Use

Top Pick Auto Repair Shop Auto Parts Store HVAC Service Big Box & Wholesale Store Building Supply Storage Facility

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

100%
Occupancy
Yes
Highway access
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

1,309
Businesses Nearby
Under-served
Demand for This Use

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

7% 2020
6.3% 2021
5.5% 2022
5.3% 2023
5.5% 2024
5.8% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Conventional restaurant - Currently occupied restaurant property with high ceilings, adaptable interiors, and convenient access near Interstate 25.
Where is this conventional restaurant located?
The property is located at 500 S Telshor Blvd Las Cruces, NM.
What are key features of this property?
This property features: Approximately +/-10,018sf of restaurant space; Approximately 70 parking spaces directly in front of the building; Interstate 25 is a few hundred feet from the property
More about this property
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