Sportsman’s Warehouse, Las Cruces, NM

2230 N Telshor Blvd. Las Cruces, NM 88011

— For Sale —

List Price$7.95MM

Size +/- 26,763 SF

Cap Rate 5.89%

Property Information

Logic Commercial Real Estate is pleased to exclusively offer for sale a single-tenant, net-leased Sportsman’s Warehouse located in Las Cruces, NM. This +/- 26,763 SF freestanding building is strategically located off of the I-25 and N. Telshor Blvd. with combined traffic counts of +/- 54,262 CPD. Sportsman’s Warehouse (NASDAQ: SPWH) is an outdoor specialty retailer that carries outdoor sporting gear, gunsmithing, and supplies for camping, hiking and birdwatching. The property benefits from a NNN lease with fixed rent increases and options. With excellent access, signage, and visibility, the trade area is surrounded by well-recognized national co-tenants such as Sam’s Club, Lowe’s, Kohl’s, Telshor Allen Theatres, Starbucks, and several Hilton and Marriott hotels.

The El Paso-Las Cruces MSA is a vibrant part of the local economic region and boasts a combined population base of +/- 1MM residents generating over $33B in annual GDP. The subject property services +/- 156,858 residents with an average annual household income of +/- $71,858 within a 10-mile radius and is located in one of the most vital shopping and business districts in the region. The asset is just 4-miles away from New Mexico State University (+/- 11,575 students) and the Pan American Center with +/- 12,515 stadium seats.

Contact

Shareholder

Adam Malan

Partner
Las Vegas
License S.0063542.LLC
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O 702.954.4105
C 702.449.1180
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Brokerage

Deana Marcello

Executive Vice President
Las Vegas
License S.0174174
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O 702.954.4104
C 702.375.1022
More Info