2300- Main St Las Cruces, NM 88001
The Madrid Retail Center I & II offers exceptional retail and office space for lease, boasting a prime location on bustling N Main Street. This multi-tenant property features four available units, each ranging in size from 1,200 to 1,263 square feet, providing flexible space suitable for a variety of businesses. The center's strategic placement on N Main Street ensures high visibility and excellent accessibility for customers and employees. This thriving commercial area is surrounded by established businesses including Paco's Tacos, Lowe's Fiesta Foods, and Dollar Tree, creating a vibrant and attractive environment for new tenants. The property is zoned C-3, allowing for a diverse range of commercial uses. The available spaces present a unique opportunity to establish or expand a business in a high-traffic location with strong neighboring businesses. The flexible floor plans allow for customization to meet individual business needs. This is an ideal location for businesses seeking high visibility and convenient access in a well-established commercial area within the United States. Contact the property management for more information and scheduling a viewing.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.