Lot 3 Sonoma Ranch North, Las Cruces, NM 88011

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Lot 3 Sonoma Ranch North is located in Las Cruces, NM.

This tract is located in the emerging Sonoma Ranch & Highway 70 corridor, and is located on a hard corner. The ownership will divide with via a timely summary re-plat for the right type of retail concept. The traffic count continues to increase steadily at ths location, and it has proven to be a successful development for multiple development concepts. Area economic statistics indicate significant demand gaps versus the available supply for a variety of retail services. This is validated by the current construction of a Wal-Mart in the immediate area along with the pending construction of multiple nationally known names in the coming months. The revenue generation for retail business within this development has been significant and expanding. Retailers can make a strong case that the location supports a trade area much more significant than a one mile radius due to the site dynamics. The site layout and cross street structure for this entire development make it the only true commercial friendly location onthe entire Northeast Quadrant of Las Cruces within an immediate proximity to a substantial housing base and growing traffic patterns. It is definitely located in the major growth corridor for years to come.