Las Cruces, NM Retail Properties & Spaces for Lease
Las Cruces, NM Retail properties & Spaces Lease Rates & Market Statistics
Explore 45 Retail properties & Spaces for lease in Las Cruces, NM on Realmo, a commercial real estate exchange covering the Las Cruces area. The current inventory totals 354,912 square feet of properties — an average of ~7,900 SF per listing.
Retail properties & Spaces lease rates in Las Cruces range from $10 SF/Yr at the entry level to $38 SF/Yr at the top of the market, averaging $18.46 SF/Yr. That's a 4x spread between entry-level and premium space, making side-by-side comparison of asking rents and lease terms essential. The local average of $18.46 SF/Yr is 6% below the New Mexico state average of $19.62 SF/Yr.
Las Cruces accounts for 87% of the 52 retail properties & spaces currently available across Dona Ana County, where nearby markets include Santa Teresa and Anthony. By space type, the market includes 13 shopping centers and 8 storefront properties — shopping centers typically offer the lowest entry point, while storefront properties command the highest rates.
