700 Telshor Blvd Las Cruces, NM 88011
- Theaters & concert halls
- 47,612 SF
- 7.41 lot acres
Current Use by Public Records
- Boba Tea Company / Bubble Tea Store
- Yogo Berry / Frozen Yogurt Shop
- T-Mobile Authorized Retailer / Cell Phone Store / Cell Phone Accessory Store
- Kay Jewelers / Jeweler / Jewelry Repair Service
- Cool Shades/ M & M Gifts / Gift Shop
Property Details for 700 Telshor Blvd
- Year built
- 2009
- Construction
- CONCRETE
- Lot size
- 7.41 lot acres
- Property size
- 47,612 SF
- Zone code
- GEN-COMMERCL
- Property type
- Theaters & concert halls
- APN
- 4-009-135-224-246
- APU
- 4009135224246
Description
Mesilla Valley Mall in Las Cruces, New Mexico, offers exceptional retail leasing opportunities. This established shopping mall boasts a total of 607,086 square feet of retail space situated on a substantial 47.41-acre lot at 700 S Telshor Blvd, Las Cruces, NM 88011. Currently, there is 105,997 square feet of vacant space available, offering flexible options for various retail businesses. Spaces range from a minimum of 1,609 square feet to a maximum contiguous space of 68,481 square feet, catering to a wide array of tenant needs. The mall's multiple tenancy structure provides a vibrant and diverse shopping environment. Located in Doña Ana County, this property benefits from excellent visibility and accessibility, making it an ideal location for businesses seeking high foot traffic and strong community engagement. The property is classified as retail, specifically a shopping mall, and is available for lease. This presents a unique chance to establish or expand your retail presence in a thriving New Mexico market. Contact us today to explore the available spaces and discuss your leasing options.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $1,105,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $1,085,000
- 6.5%
- $1,185,000
- 7%
- $1,075,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $1,340,000
- Geo Method
- $1,040,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $1,335,000
- Retail
- $1,265,000
- Mixed-Use
- $1,085,000
- Hospitality
- $1,310,000
- Educational
- $1,325,000
- Residential Income
- $1,305,000
- Energy
- $1,090,000
- Income-Based Land
- $1,175,000
- Food Service
- $1,220,000
Location Insight
- Map
- Local Demand
- City
- Las Cruces
- County
- Dona Ana
- State
- New Mexico
- Longitude
- -106.744
- Latitude
- 32.3085
- CBSA code
- 29740
- CBSA name
- LAS CRUCES, NM METROPOLITAN STATISTICAL AREA
