1200 Foster Road, Las Cruces, NM 88001

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Kary B.

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  • Available Spaces
Suite Space Type Pricing Size
1 Retail Space For lease: $0.33/sqft 2,785 sqft

1700 SQFT basement also available

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Building Details:

1200 Foster Road is aretail property for lease in Las Cruces, NM. The property currently has 1 retail space for lease and is marketed by Steinborn/TCN Commercial Real Estate.

This location could work for a lot of concepts,however if you are a existing brewery operation or have these type of intentions you need to take a hard look as this is a beautiful site. Demand and supply numbers indicate that there is a minimum $600,000 trade gap for liquor related services within a one mile radius of the site. A major void was created a few years back when a long standing package liquor operation and well known well established bar elected to cease operations. The site is within walking distance of a large population base that is 75% single within a one mile radius. It is right in the heart of a diverse housing base of local University students and working class individuals who need retail services of all types but that are most notably feeling the void of the previous operators electing to move on. An interested party could possibly create a unique cult following due to the location notoriety. The site does not have to be related to a retailer wanting to offer liquor related services. it could easily be used for church operations, construction services, or unique health services as the demand stats would indicate. Even better yet, the ownership in place is willing to offer an extensive rental abatement period to allow for extensive remodeling possibly for up to 12 months for the right operator. Please jump right in to retail and make this your next move if you have expansion plans in store or want to simply get the word out that you are open for business.

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