Las Cruces, NM Shopping Centers for Lease
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Las Cruces, NM Shopping centers Lease Rates & Market Statistics
Explore 9 Shopping centers for lease in Las Cruces, NM on Realmo, a commercial real estate exchange covering the Las Cruces area. The current inventory totals 266,512 square feet of properties.
Shopping centers lease rates in Las Cruces range from $10 SF/Yr at the entry level to $20 SF/Yr at the top of the market, averaging $12.80 SF/Yr. Pricing across the market is relatively uniform, which simplifies like-for-like comparison between listings. The local average of $12.80 SF/Yr is 13% below the New Mexico state average of $14.80 SF/Yr.
Las Cruces accounts for 90% of the 10 shopping centers currently available across Dona Ana County. Shopping centers make up 28% of the 32 Retail properties & Spaces currently for lease in Las Cruces, with asking rates averaging $12.80 SF/Yr — 33% below the citywide Retail properties & Spaces average of $19.14 SF/Yr. Tenants comparing options may also consider Storefront properties (6 listings) elsewhere in the Las Cruces market.
