1500 Valley Dr Las Cruces, NM 88005
- Retail space
- 5,040 SF
- 1.26 lot acres
Current Use by Public Records
- Starbucks / Coffee Shop / Breakfast Restaurant
- Smoke Shop and Vape / Tobacco Shop
- Cricket Wireless Authorized Retailer / Cell Phone Store
- Magic Nails / Nail Salon
Property Details for 1500 Valley Dr
- Year built
- 2006
- Construction
- FRAME
- Lot size
- 1.26 lot acres
- Property size
- 5,040 SF
- Zone code
- GEN-COMMERCL
- Property type
- Retail space
- APN
- 4-007-136-032-376
- APU
- 4007136032376
Description
This exceptional 5,000 square foot retail center in Las Cruces, New Mexico, presents a fantastic leasing opportunity. Located at 1500 S Valley Dr, 88005, this single-story Class B property sits on 1.2 acres of land at a high-traffic corner intersection of Valley Drive and Rigsby. The center enjoys a prime location as a shadow anchor to a Walmart Supercenter, ensuring high visibility and consistent foot traffic. Currently, the center houses a Starbucks, Cricket Wireless, a nail salon, and a smoke shop, creating a diverse and established tenant mix. An automated car wash is slated for construction directly across the street, further enhancing the area's appeal and traffic flow. The available space, totaling 1,250 square feet, was previously occupied by a hair salon and is being offered with existing eight-station salon equipment in place. This presents a unique opportunity for a salon business, with no franchise requirements. The property's strategic location, strong tenant mix, and existing salon equipment make this an ideal investment for a variety of retail businesses seeking a thriving location in Las Cruces. The property is classified as Retail and Special Purpose.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Las Cruces
- County
- Dona Ana
- State
- New Mexico
- Longitude
- -106.785
- Latitude
- 32.2908
- CBSA code
- 29740
- CBSA name
- LAS CRUCES, NM METROPOLITAN STATISTICAL AREA