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    4460 Lohman Ave Las Cruces, NM 88011

    For Lease
    $29 SF/Yr

    Modern 19,172 SF Strip Center, 10 Spaces Available

    Lot size:
    19,172 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    370
    This exceptional 19,172-square-foot retail and office strip center, built in 2020, presents a unique investment opportunity in the thriving Las Cruces, New Mexico market. Located at 4460 East Lohman Avenue, zip code 88011, this single-story building offers multiple tenancy options with a minimum divisible space of 1,421 square feet. The property benefits from its prime location along the East Lohman corridor, a sub-market known for its consistently low vacancy rates for both retail and office spaces. Its strategic position across from Mountain View Hospital makes it highly attractive to a diverse range of businesses. Furthermore, the center serves the expansive Sonoma Ranch Golf Course community, a large master-planned community characterized by high household income levels, ensuring a strong and stable tenant base. Ten individual spaces are currently available, providing flexibility for various business needs. This property offers a compelling combination of modern construction, desirable location, and strong market fundamentals, making it an ideal investment for discerning buyers. The property's address is 4460 E Lohman Ave, Las Cruces, NM 88011.

    Property Features for 4460 Lohman Ave

    General Information

    Property type
    Neighborhood centers
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    19,172 SF
    Total Rate
    46332.33

    Building Details

    Year Built
    2020
    Buildings
    1
    Stories
    1

    Unit(s) available at that property

    Space
    Suite 1
    Size
    2,556 SF
    Rate per SF
    $32
    Space
    Suite 2
    Size
    1,481 SF
    Rate per SF
    $32
    Space
    Suite 3
    Size
    1,424 SF
    Rate per SF
    $32
    Space
    Suite 4
    Size
    1,491 SF
    Rate per SF
    $32
    Space
    Suite 5
    Size
    2,739 SF
    Rate per SF
    $32
    Space
    Suite 6
    Size
    2,740 SF
    Rate per SF
    $32
    Space
    Suite 7
    Size
    1,485 SF
    Rate per SF
    $32
    Space
    Suite 8
    Size
    1,421 SF
    Rate per SF
    $32
    Space
    Suite 9
    Size
    1,483 SF
    Rate per SF
    $32
    Space
    Suite 10
    Size
    2,352 SF
    Rate per SF
    $32

    HighLights

    • High‑profile East Lohman frontage.
    • Excellent location adjacent to Mountain View Hospital.
    • Strong retail synergy with nearby Walmart, Walgreens, Natural Grocers, Jason's Deli, and Dunkin'.
    • Serves the Sonoma Ranch Golf Course community.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Luigi's Pizza Store Restaurant

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Nail Salon

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Las Cruces
    County
    Dona Ana
    State
    New Mexico
    Longitude
    -106.7245068
    Latitude
    32.3244535

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    FAQs

    What type of property is this?
    Neighborhood center - Modern 19,172 SF Strip Center, 10 Spaces Available
    Where is this neighborhood center located?
    The property is located at 4460 Lohman Ave Las Cruces, NM.
    What is the lease rate?
    The lease rate is $32 SF/Yr.
    What are key features of this property?
    This property features: High-profile East Lohman frontage.; Excellent location adjacent to Mountain View Hospital.; Strong retail synergy with nearby Walmart, Walgreens, Natural Grocers, Jason's Deli, and Dunkin'.
    Request Owner's contact information
    4460 Lohman Ave Las Cruces, NM 88011
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    Las Cruces, NM 88011
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    4460 Lohman Ave Las Cruces, NM 88011
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