Commercial Real Estate in Las Cruces, New Mexico (NM)

Lease Office

141 Roadrunner Pkwy

141 Roadrunner Pkwy, Las Cruces, NM 88011

$19.5 - $30 SF/year
900 – 2,779 SF
5 ac
4 Spaces

This is a very attractive office located within a true class "A" plaza with sound signage. The space offers an attractive reception area with private offices and shared brake area. The plaza tenant and ownership mix is sound with well established real estate, medical and insurance operations as the primary anchors. Sound additional retail and office operators also exist within this 65000 SQFT complex. The parking is also more than adequate. Numerous national name package carriers also offer drop off service within the plaza. The location also offers excellent security options for those operations that work late hours. Give us a call to discuss.

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Sale Retail

500 S Telshor Blvd

500 S Telshor Blvd, Las Cruces, NM 88011

$3.3M
5,780 SF building
1 ac

Investment Summary:Tenant: LongHorn Steakhouse (Darden Inc.)Address: 500 S Telshor Blvd | Las Cruces, NMPrice: $3,300,000Cap Rate: 5.00%NOI: $165,000Term: 10 YearsLease Type:Absolute NNN Ground Lease. Tenant pays taxes directly. Corporate lease structure, memorandum of lease recorded. Pegasus Retail proudly presents the opportunity to represent a corporate-backed (Darden Restaurants [NYSE: DRI]) ground lease investment operated as LongHorn Steakhouse.Lease Type:Absolute NNN Ground Lease. Tenant pays taxes directly. Corporate lease structure, memorandum of lease recorded.Long-term contractual income10% rent escalations every five yearsAbsolute NNN Ground LeaseNo landlord responsibilitiesStrong corporate credit tenancy30-year total lease term potentialRenewals Options: 4 X 5 YearsLand Area: +/-1.33 AcresThe Dominant Hard Corner in Las CrucesRent Commencement - 2027

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Sale LandIndustrial

Industrial Land For Sale - Interstate Visibility with Limited Services

Del Rey Blvd, Las Cruces, NM 88012

2 ac

Two (2) One (1) acre lots available for purchase. Limited services in the area, great opportunity for development. Rare opportunity with Interstate visibility with on/off ramps nearby.

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Lease OfficeRetail

642 S Alameda Blvd, Suite B | Office/Retail Space

642 S Alameda Blvd, Las Cruces, NM 88005

$15 SF/year
1,300 SF
5,300 SF building
1 ac

Suite B at 642 S. Alameda Blvd offers ±1,300 SF of flexible office or retail space at a prominent corner location in Las Cruces. Featuring seven rooms, a private entrance, and a private restroom, this full-service lease includes utilities, taxes, and insurance for a predictable monthly cost. This is a practical, affordable space for a professional office, wellness practice, personal service business, or small retailer. ±1,300 SF flexible office or retail spaceFull-service lease ($1,625/month) with utilities, taxes, and insurance includedPrivate front entrance with seven rooms off a central hallway. The large front room suits a reception area, retail display, or open workspace, with additional rooms for private offices, treatment rooms, or storage.On-building and monument signage availableConvenient location near Downtown Las Cruces at El Molino Blvd and South Alameda Blvd

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Sale InvestmentMultifamily

Multi-Family, Retail, Office Warm Shell on 1.5 Acres, Corner Lot

865 Tres Amigos Rd, Las Cruces, NM 88007

$225K
4,000 SF building
2 ac

Positioned on a highly visible corner lot, this 1.5-acre property offers exceptional potential for investors, developers, or owner-users seeking flexibility and opportunity. The approximately 4,000 square foot building is currently in warm shell condition, providing a blank canvas ready to be customized for a wide variety of commercial or residential uses. Flexible zoning allows for multi-family development, single-family residential, laundromat use, office space, retail, service businesses, and more. With excellent access, strong visibility, and ample space for parking or future expansion, this property is ideal for those looking to bring their vision to life in a growing area. Rarely does a property combine this level of versatility, size, and location potential in one offering. Positioned on a highly visible corner lot, this 1.5-acre property offers exceptional potential for investors, developers, or owner-users seeking flexibility and opportunity. The approximately 4,000 square foot building is currently in warm shell condition, providing a blank canvas ready to be customized for a wide variety of commercial or residential uses. Flexible zoning allows for multi-family development, single-family residential, laundromat use, office space, retail, service businesses, and more. With excellent access, strong visibility, and ample space for parking or future expansion, this property is ideal for those looking to bring their vision to life in a growing area. Rarely does a property combine this level of versatility, size, and location potential in one offering.

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Sale/Lease Office

1036 S Main St

1036 S Main St, Las Cruces, NM 88005

$850K
$15 - $20 SF/year
1,000 – 3,000 SF
4,370 SF building
0 ac

Discover a versatile two-story office building offering flexibility for investors and owner-users alike. The layout lends itself to a variety of professional uses and can easily accommodate up to three separate open office suites. A full kitchen on the lower level provides added convenience for staff, meetings, or break areas, while the inviting courtyard creates an attractive outdoor space for employees and clients to enjoy.Whether you're looking to establish your business headquarters, expand your investment portfolio, or create a multi-tenant office environment, this property offers the flexibility to adapt to your vision. Two-story office configuration with flexible floor planPartially leased with income-producing potentialOpportunity to create three open office spacesFull kitchen on the lower levelCharming courtyard ideal for breaks or informal meetingsOn-site parking lotSuitable for professional offices, creative businesses, nonprofits, medical or wellness services, consulting firms, and other commercial users

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