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Mills Plaza Retail and Office
For Lease
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250 Mills Ave, Las Vegas, NM 87701

Retail and office spaces available in Mills Plaza.

Space Size572 SF - 2,693 SF
Property Size67,862 SF
Days on Market912

Property Features for 250 Mills Ave

General Information

Standard status Active
Size 572 SF - 2,693 SF
Property subtype Retail, Office, Restaurant
Lease Type NNN

Building Details

Building Size 67,862 SF
Tenancy Multiple

Spaces For Lease

at 250 Mills Ave Contact us

220

Size
2,693 SF
Type
Office, Restaurant, Retail
Lease Type
NNN
Availability
Active
Contact us

224

Size
1,884 SF
Type
Office, Restaurant, Retail
Lease Type
NNN
Availability
Active
Contact us

226

Size
616 SF
Type
Office, Restaurant, Retail
Lease Type
NNN
Availability
Active
Contact us

230

Size
572 SF
Type
Office, Restaurant, Retail
Lease Type
NNN
Availability
Active
Contact us

232

Size
648 SF
Type
Office, Restaurant, Retail
Lease Type
NNN
Availability
Active
Contact us

234

Size
1,010 SF
Type
Office, Restaurant, Retail
Lease Type
NNN
Availability
Active
Contact us

238

Size
1,310 SF
Type
Office, Restaurant, Retail
Lease Type
NNN
Availability
Active
Contact us

240

Size
988 SF
Type
Office, Restaurant, Retail
Lease Type
NNN
Availability
Active
Contact us

242

Size
1,033 SF
Type
Office, Restaurant, Retail
Lease Type
NNN
Availability
Active
Contact us

244

Size
1,808 SF
Type
Office, Restaurant, Retail
Lease Type
NNN
Availability
Active
Contact us

252

Size
2,217 SF
Type
Office, Retail
Lease Type
NNN
Availability
Active
Contact us
Listing Agency: Duke City Commercial
Listed By: Joe Farr · License #NM 19522QB
Source: Crexi
Added: Mar 7, 2024 Changed: Aug 31 Last Checked: Sep 4 at 1:02PM

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 Duke City Commercial

Investment Insights

Based on property information with market context.

Located adjacent to a busy intersection in Las Vegas, New Mexico, near Highland University, Mills Plaza offers multiple vacancies suitable for retail and office use. The property is under new management, which has undertaken improvements including new storefront glass, new LED parking lot lighting, and some HVAC and roofing work. Current tenants include BigR, Autozone, Family Dollar, and FEMA, along with multiple local businesses. Available spaces range from approximately 600 square feet to approximately 8,500 square feet.

Key Highlights

  • Located adjacent to one of the busiest intersections in Las Vegas, NM.
  • Under new management with recent improvements to the center.
  • Improvements include new storefront glass and new LED parking lot lighting, plus some HVAC and roofing work.

Property Analytics

Current Use

Mills Plaza Laundromat (Bike/Boat/Book/etc) Store Ultra Health Dispensary ... (Bike/Boat/Book/etc) Store

Suggested Use

Top Pick Real Estate Agency Building Supply Big Box & Wholesale Store Hair Salon Dental Office Garden Center

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
$2.48 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

632
Businesses Nearby
49k
Monthly Visits Nearby
Balanced
Demand for This Use

Foot Traffic Nearby

Shops & Services 75% Home Improvements & Furnishings 22% Dining 3%
Big R Home Improvements & Furnishings
10,557 visits/mo 0.1 miles
Allsups Shops & Services
9,767 visits/mo 0.2 miles
State Employees Credit Union Shops & Services
8,577 visits/mo 0.3 miles
Dollar General Shops & Services
7,008 visits/mo 0.4 miles
Family Dollar Shops & Services
5,972 visits/mo 0.1 miles

Demographics for 87701, NM

18,387
Population
9,699
Households
1.9
Avg Household Size
42
Median Age
27%
College-Educated
88%
High-School Grad
1,601.8 sq mi
ZIP Area
11
Density / Sq Mi
$48,115
Median Household Income
$29,345
Median Earnings
$756
Median Rent
$169,000
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
Questions? Ask Rey
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Similar Off Market Nearby

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Frequently Asked Questions

What type of property is this?
Shopping center - Retail and office spaces available in Mills Plaza.
Where is this shopping center located?
The property is located at 250 Mills Ave Las Vegas, NM.
What is the lease rate?
The lease rate is $16.50 SF/Yr.
What are key features of this property?
This property features: Located adjacent to one of the busiest intersections in Las Vegas, NM.; Under new management with recent improvements to the center.; Improvements include **new storefront glass** and **new LED parking lot lighting**, plus some HVAC and roofing work.
(505) 463-6915 Call to check price and availability
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