207 Avenida de Mesilla Las Cruces, NM 88005

Marcus and Millichap is proud to present Mesilla Pointe plaza, located in Las Cruces New Mexico. 207 Avenida de Mesilla is a 5,400 SF shopping center with 3 buildings, sitting on 1.0 Acres. The plaza is situated between two retail heavy areas, Las Cruces Arroyo and Avenida De Mesilla and I-10. Mesilla Pointe Plaza has all 7 suites occupied, 2 of which are detached suites.
This shopping center is located at the corner of Avenida de Mesilla and Barker Road and about 250 feet from the S. Main Street and E. Idaho Avenue/Avenida de Mesilla intersection. The center is viewed by about 9,200 vehicles per day. Driving national visitors and only 1.5 miles away is New Mexico State University. I-10 W access is also only minutes away.
The current owner repositioned the asset from a single-family residence into a one-of-a-kind, adobe-style, multi-tenant retail center. With a history of serving long-term tenants and consistently performing during the Covid-19 pandemic, Mesilla
Pointe Plaza has been fulfilling its purpose as an income-producing property. Being recently renovated and well maintained, Mesilla Pointe Plaza has near-term upside potential for an investor through repositioning existing tenant agreements and even further stabilization by means of re-tenanting, capital improvements to increase rental rates, and other long-term strategies.
Mesilla Pointe Plaza is full of character (painted murals, large trees, well-maintained landscape, and its adobe-style architecture) providing customers with a fully immersive experience, grabbing the attention of clients and tenants.