2101 Canal St Carlsbad, NM 88220
This exceptional investment opportunity presents a fully leased, 94,276 square foot shopping center ideally located in Carlsbad, New Mexico, a dynamic oil and gas region. The property enjoys a prime position on over 7.2 acres with significant frontage (380+ feet) along the heavily trafficked US Highway 285 and 62/180, a dominant retail corridor. The center benefits from a strong tenant mix, anchored by two national credit tenants: Sutherland's Lumber and Dollar General. The property's diverse tenant base includes approximately 6,500 square feet of office and training facilities, complementing the predominantly retail space. This translates to a low cost per square foot investment of $90. The current 100% occupancy rate ensures a stable and predictable income stream, making this a compelling investment for discerning buyers seeking a high-performing commercial property in a robust market. The long-term historical occupancy of BS Properties, LLC further underscores the property's enduring appeal and stability. This is a rare opportunity to acquire a well-established, high-performing retail center in a thriving community. Detailed financial information and lease agreements are available upon request.
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ATM Machine at Jump N Play Atm
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Legacy Church - Carlsbad Campus Church
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Elotes y Antojitos (SNACKS) Bar & Pub
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Sutherlands Big Box & Wholesale Store Building Supply
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Top Nock Archery & Supplies, LLC Sports Field & Court
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.