Commercial Real Estate for Sale in Las Cruces, New Mexico

Browse 108 commercial real estate for sale in Las Cruces, New Mexico (NM) with an average asking sale price of $222 per SF and an average size of 28,738 SF.

Current Inventory108
Average Available Size28,738 SF
Total Available Size747.2K SF
Average Asking Price$1,182,102
500 S Telshor Blvd listing image
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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Multi-Family, Retail, Office Warm Shell on 1.5 Acres, Corner Lot listing image
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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1036 S Main St listing image
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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425 Fort Selden Rd listing image
Sale Land

425 Fort Selden Rd

425 Fort Selden Rd, Las Cruces, NM 88007

  • $378.3K
  • 2 ac

Exceptional medium intensity commercial 2.04 acres parcel, immediately off of 1-25 at Fort Selden Road. Existing commercial developments adjoin the parcel. Ideal for a retail investment. Community water, natural gas, electricity to site. Will require septic system. Call listing agent for more information.

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Sonoma Ranch Frontage Lot listing image
Sale Land

Sonoma Ranch Frontage Lot

410 Sonoma Ranch Blvd Lot 1, Las Cruces, NM 88011

  • $1.1M/ac
  • 1 ac

Introducing an exceptional investment opportunity - a 1 acre commercial lot nestled perfectly on the highly sought-after Sonoma Ranch Blvd. This strategically positioned lot enjoys a prestigious Commercial Retail zoning classification, allowing for a wide range of commercial and retail ventures. Situated between the Neighborhood Walmart and the Public Safety Complex, this prime piece of real estate boasts unparalleled visibility and accessibility. Key Features: Location: With its enviable placement between the bustling Neighborhood Walmart and the essential Public Safety Complex, this lot guarantees a constant flow of potential customers and patrons. Boasting an expansive 1 acre, the possibilities are virtually limitless. Ample space for large-scale commercial developments, retail outlets, or a mixed-use project that capitalizes on the diverse traffic generated by the adjacent establishments.

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