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Ross-Anchored Multi-Tenant Retail Center
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811 West Pierce St, Carlsbad, NM 88220

Fully stabilized retail center anchored by Ross, supporting a mix of value-oriented national and regional brands.

Property Size51,487 SF
Price / SF$155.38
Days on Market53

Property Features for 811 West Pierce St

General Information

Standard status Active
Size 51,487 SF
Property subtype Retail
Occupancy 100%
Investment Type Stabilized
Net Operating Income $569,574

Building Details

Tenancy Multi
Listing Agency: Base 5 Retail Partners
Listed By: David Chavez · License #NM 18472QB
Source: Crexi
Added: Jul 1 Changed: Aug 14 Last Checked: Aug 19 at 4:50AM

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 Base 5 Retail Partners

Investment Insights

Based on property information with market context.

This for-sale retail center totals 51,487 square feet and is described as fully stabilized. The property is anchored by Ross Dress for Less and includes a national tenant mix featuring Family Dollar, Melrose, Maurice’s, and Famous Footwear, creating an established, multi-tenant environment for shoppers seeking off-price apparel and everyday value merchandise.

The center is positioned at a signalized intersection at Highway 285 (W. Pierce St/Main Street) and Mesa Street, providing straightforward access and prominent visibility for passing traffic. The offering is presented as having minimal local competition and as serving an area with limited new development.

For buyers, this asset is being marketed as an anchored, proven retail center with minimal landlord responsibilities due to its stabilized tenancy. It may appeal to investors or owner-operators looking for a diversified tenant lineup within a softgoods retail format, with the transaction specifically described as “the only softgoods retail center in Eddy County.”

Key Highlights

  • 51,487‑square‑foot retail center in Carlsbad, NM
  • Anchored by Ross Dress for Less and supported by tenants including Family Dollar, Melrose, Maurice's, and Famous Footwear
  • Located at the signalized intersection of Highway 285 (W. Pierce St/Main Street) and Mesa Street

Property Analytics

Current Use

Ross Dress for Less Clothing & Fashion Store

Suggested Use

Top Pick Real Estate Agency Law Firm Electrical Service HVAC Service Gym & Fitness Center (Bike/Boat/Book/etc) Store

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

508
Businesses Nearby
Balanced
Demand for This Use

Demographics for 88220, NM

40,762
Population
17,692
Households
2.3
Avg Household Size
36
Median Age
20%
College-Educated
84%
High-School Grad
1,907.6 sq mi
ZIP Area
21
Density / Sq Mi
$79,668
Median Household Income
$45,302
Median Earnings
$1,218
Median Rent
$192,600
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?
Shopping center - Fully stabilized retail center anchored by Ross, supporting a mix of value-oriented national and regional brands.
Where is this shopping center located?
The property is located at 811 West Pierce St Carlsbad, NM.
What is the asking price?
The asking price for this property is $8,000,000.
What are key features of this property?
This property features: 51,487‑square‑foot retail center in Carlsbad, NM; Anchored by Ross Dress for Less and supported by tenants including Family Dollar, Melrose, Maurice's, and Famous Footwear; Located at the signalized intersection of Highway 285 (W. Pierce St/Main Street) and Mesa Street
(505) 807-0605 Call to check price and availability
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