FILLING THE VOID IN THE LC OFFICE MARKET!

Office for Sale
Catylist Listing ID: 30026224
Property Subtypes: Business Park, Governmental, Institutional, Medical, Mixed Use, Flex Space, Office Building, Research & Development
Building Size (RSF): 29,794 SF
Gross Building Area: 29,974 SF
Gross Land Area: 5.87 Acres
Sale Price: $4,200,000
Unit Price: $140.97 PSF
Property Use Type: Vacant/Owner-User
Class of Space: Class A
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 8/17/2017

Overview / Comments

True larger class "A" office options are in scarce supply in the City of Las Cruces. This location breaks the mold and is unrivaled in terms of its potential. It is truly a golden opportunity for the right organization and concept compared to newer more expensive options available. The facility has a very unique layout and quality design offering multiple wings, entry points, expansive waiting rooms, central reception areas, processing stations, general open office area, private office areas, and beyond. The high ceilings and generous use of windows also add to the overall feel and quality. It was originally built for a medical intent, but the layout allows for a wide variety of alternative uses. Sitting on almost 6 acres of land, plenty of parking is also available for a high intensity employee requirement. Quick access is available to the site off of interstate 10. The location is in close proximity to New Mexico State University, Downtown Las Cruces and numerous local retail concepts and hubs. Division is also an option if a party needs to phase in to the building or lease out a portion to additional parties. Give us a call to learn more.

Additional Details

Nearest MSA: Las Cruces
County: Dona Ana
Taxing Authority: Dona Ana County
Tax ID/APN: 02-28974
Zoning: O-2 INFILL OVERLAY ZONE
Property Visibility: Fair
Highway Access: I-10 & University
Airports: ELP & Las Cruces International
Total Number of Buildings: 1
Number of Stories: 1
Year Built: 2005
Parking Type: Surface
Heat Type: Natural Gas
Heat Source: Central
Air Conditioning: Engineered System
Internet Access: Cable, DSL, Satellite, T1/T3, Dialup, Other
Zoning Description: O-2 guidelines per City of Las Cruces Guidelines located within the City of Las Cruces infill overlay zone.
Water Service: Municipal
Sewer Type: Municipal
Legal Description: Dona Ana County Parcel 02-28794

Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 12,816 71,202 104,588
Median Age: 30.39 33.13 35
Households: 5,514 28,541 41,937
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