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Property profile & analytics
OFF-MARKET
Commercial real estate

2101 Canal St Carlsbad, NM 88220

94,276 SF Built 2001
Property ID
US61-0403188
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Commercial real estate
Year built 2001
Total area 94,276 SF
UPID US61-0403188
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • ATM Machine at Jump N Play Atm
  • Legacy Church - Carlsbad Campus Church
  • Elotes y Antojitos (SNACKS) Bar & Pub
  • Sutherlands Big Box & Wholesale Store Building Supply
  • Top Nock Archery & Supplies, LLC Sports Field & Court
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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