206-250 Mills Ave Las Vegas, NM 87701
Prime Las Vegas, NM Retail Investment
Overview
- Added:
- Dec 11, 2024
- Days on market:
- 138
Highlights
- 11 vacant suites totaling 15,459 SF and a 9,000 SF pad site with drive-thru available for lease.
- $6,300,000 asking price, 5.2% CAP rate.
- 58,460 SF shopping center on 3.68 acres, including a 9,000 SF pad site.
- $107.76/SF, 68% of estimated $9,200,000 replacement cost.
- Below-market average in-place rent of $8.74/SF.
- Projected 7.1% CAP rate at 87% occupancy.
Property Details for 206-250 Mills Ave
- Property type
- Lifestyle centers, Power centers
- Square Feet
- 58,460 SF
- Year Built/Renovated
- 1979/2018
Location Insight
- City
- Las Vegas
- County
- San Miguel
- State
- New Mexico
- Latitude
- 35.600423441446
- Longitude
- -105.23219175746
Nearby Similar for Sale
FAQs
- What type of property is this?
- Lifestyle center - Prime Las Vegas, NM Retail Investment
- Where is the lifestyle center located?
- The property is located at 206-250 Mills Ave Las Vegas, NM.
- What is the asking price?
- The asking price for this property is $6,300,000.
- What are key features of this property?
- This property features: 11 vacant suites totaling 15,459 SF and a 9,000 SF pad site with drive-thru available for lease.; $6,300,000 asking price, 5.2% CAP rate.; 58,460 SF shopping center on 3.68 acres, including a 9,000 SF pad site.
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