1,500 Square Foot Retail Space For Lease @ 5702 Bataan Memorial E - 1
5702 Bataan Memorial E, Las Cruces, NM 88011
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Stephanie S.
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18,000 SF RETAIL CENTER FOR SALE
5702 Bataan Memorial E. Las Cruces, NM,88011
A nationally anchored retail center located on a frontage road of US Highway 70 in the rapidly developing East Mesa area of Las Cruces, New Mexico is being offered for sale. Additional land for future development for approximately 25,000 SF Building Expansion.
18,000 SQ FT In-Line Retail Center Built in 2004
TOTAL INLINE CENTER SALES PRICE: $1,777,500
18,000 Sq Ft. in-line retail center built in 2004
TOTAL INLINE CENTER SALES PRICE: $1,777,500
INLINE CENTER @ 10.5% CAP RATE: $1,495,000
WITH LOT 4 (Undeveloped Portion): $282,500.00
Allocation of Purchase Price:
IN-LINE CENTER @ 10.5% CAP RATE: $1,495,000
With LOT 4 (Undeveloped Portion): $282,500
TOTAL INLINE CENTER PRICE: $1,777,500
ADDITIONAL PAD SITES AVAILABLE
LOT 2: 24,829 +/- SF @ $5.00 PSF: $124,145
LOT 3: 58,370 +/- SF @ $4.00 PSF: $233,480
Rate: $12 per sqft per year
Size: 1,500 square feet
Type: Retail Space
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