4161 White Sage ArcLas Cruces, NM 88012

Property Details for 4161 White Sage Arc

Lot size

0.62 AC

Property type

Retail properties

Property subtype

Other retail properties

Description

This exceptional investment opportunity presents a 20-year ground lease for a 0.62-acre parcel in Las Cruces, New Mexico, currently occupied by Nusenda Credit Union, New Mexico's largest credit union. The lease commenced July 1, 2023, and has a remaining term of approximately 18.6 years, expiring June 30, 2043. The property boasts a strong 5.00% cap rate and a Net Operating Income (NOI) of $100,000, reflecting a stable and high-performing asset. Located at 4161 White Sage Arc, 88012, this single-tenant retail property enjoys 100% occupancy and benefits from a high-traffic location. The site is strategically positioned between Metro Verde and Sonoma Ranch, two of Las Cruces' largest master-planned communities, ensuring consistent customer traffic. Nearby amenities include a variety of national retailers and restaurants such as Burger King, Jack in the Box, Dairy Queen, and more, further enhancing the property's visibility and appeal. A Walmart Supercenter anchored shopping center is conveniently located just one mile away. This presents a compelling investment opportunity with significant long-term potential in a thriving New Mexico market. The asking price is $2,000,000.

Location Insight

City

Las Cruces

County

Doña Ana

State

New Mexico

Latitude

32.3702

Longitude

-106.741

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