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Retail Space in Strip Center
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1500 S Valley Dr, Las Cruces, NM 88005

Retail space in Starbucks-anchored strip center on Walmart outparcel.

Space Size1,584 SF
Property Size5,000 SF
Days on Market986

Property Features for 1500 S Valley Dr

General Information

Standard status Active
Size 1,584 SF
Class B
Property subtype Retail, Office, Special Purpose
Lease Type NNN

Building Details

Building Size 5,000 SF
Tenancy Multiple

Spaces For Lease

at 1500 S Valley Dr Contact us

Available Space

Size
1,584 SF
Type
Retail, Special Purpose
Lease Type
NNN
Availability
Active
Contact us
Listing Agency: Pinnacle Management Group
Listed By: Alan Chastine, CCIM · License #NM 16855
Source: Crexi
Added: Dec 15, 2023 Changed: Aug 23 Last Checked: Aug 25 at 10:54PM

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 Pinnacle Management Group

Investment Insights

Based on property information with market context.

This 1,250 square foot retail space is located in a strip center anchored by Starbucks. The property is situated on a Walmart outparcel at a signalized corner in Las Cruces, offering a retail opportunity for small-shop users. The location benefits from Starbucks' daily traffic, Walmart's customer draw, and exposure from the hard signalized intersection. The property also offers outparcel visibility and the potential for impulse purchases, along with the credibility of national co-tenants. This space is suited for high-margin, small-footprint businesses.

Key Highlights

  • Starbucks‑anchored strip center location.
  • Walmart outparcel location.
  • Hard signalized corner exposure.**

Property Analytics

Current Use

Starbucks Cafe & Coffee Shop Smoke Shop and Vape (Bike/Boat/Book/etc) Store Cricket Wireless Authorized ... Mobile Phone Store Magic Nails Nail Salon

Suggested Use

Top Pick Real Estate Agency Parking Lot & Garage HVAC Service Garden Center (Bike/Boat/Book/etc) Store Grocery & Convenience 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.

Lease Details

NNN (Triple Net)
Lease Type
$3.30 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

941
Businesses Nearby

Demographics for 88005, NM

26,997
Population
12,039
Households
2.2
Avg Household Size
41
Median Age
31%
College-Educated
85%
High-School Grad
150.9 sq mi
ZIP Area
179
Density / Sq Mi
$51,770
Median Household Income
$28,908
Median Earnings
$899
Median Rent
$207,100
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
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Frequently Asked Questions

What type of property is this?
Retail space - Retail space in Starbucks-anchored strip center on Walmart outparcel.
Where is this retail space located?
The property is located at 1500 S Valley Dr Las Cruces, NM.
What is the lease rate?
The lease rate is $22 SF/Yr.
What are key features of this property?
This property features: Starbucks‑anchored strip center location.; Walmart outparcel location.; Hard signalized corner exposure.**
(575) 532-1290 Call to check price and availability
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