Las Cruces, NM Commercial Real Estate for Lease and Sale

Explore 32 listings of Las Cruces commercial real estate to find the best space for your business.

Mesilla Valley Mall

700 South Telshor Blvd, Las Cruces, NM
Property

Retail

511,423 SF
Availability

8 Spaces

31,796 SF
Year Built

1981
For Lease Contact for pricing
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± 2.44 Acres Land For Sale

Carver Rd, Las Cruces, NM
Property

Other
For Sale

$385,000
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I-25 & Thorpe Rd, Las Cruces NM

I-25 & Thorpe Rd, Dona Ana, Las Cruces, NM
Property

VacantLand
For Sale

Subject To Offer
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Medvest Building at Arrowhead Park

Arrowhead Park, University Park, Las Cruces, NM
Property

Office
Availability

1 Space

30,000 SF
For Lease Contact for pricing
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Office Coworking Retail

Office Retail Industrial Land
± 1.73 Mixed Used Land Available

6002 Cassini Ave, Las Cruces, NM
Property

Other
For Sale

$416,671
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1900 Bataan Memorial East

1900 Bataan Memorial East, Las Cruces, NM
Property

Retail

102,332 SF
Availability

5 Spaces

100,939 SF
For Lease Contact for pricing
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1955 N Solano Dr.

1955 N Solano Dr, Las Cruces, NM
Property

Other

3,934 SF
Year Built

2004
For Sale

$375,000
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Workspace 141
Workspace 141
141 Roadrunner Parkway Ste 141, Las Cruces, NM
Services

Virtual Office

Meeting Room
Amenities

Business address
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Office / Financial Institution Building

300 Foster Rd, Las Cruces, NM
Property

Office

7,367 SF
Year Built

1980
For Sale

$1,650,000
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3 Vacant Land Lots

0000 E Griggs Ave, Las Cruces, NM
Property

Other
For Sale Contact for pricing
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Super 8 Las Cruces University Area

245 La Posada Ln, Las Cruces, NM
Property

Retail

1.6 Acre
For Sale

$2,250,000
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1404 E. Montana Ave

1404 E. Montana Ave, Las Cruces, NM
Property

Multi-Family

3,275 SF
For Sale

$671,260
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211 North Water Street
Collective Co.
211 North Water Street, Las Cruces, NM
Services

Open Workspace

Meeting Room

Dedicated Desk
Amenities

Commercial refrigerator

High-speed internet

Kitchen
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2106 College Ave

2106 College Ave, Las Cruces, NM
Property

Multi-Family

5,995 SF
Year Built

1959
For Sale

$1,399,237
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950-954 Augustine

950-954 Augustine, Las Cruces, NM
Property

Multi-Family

4,323 SF
For Sale

$695,237
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New construction office

920 N Motel Blvd, Las Cruces, NM
Property

Other
Availability

1 Space

1,100 SF
Year Built

2022
For Lease Contact for pricing
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± 160 Acres of Undeveloped Land

Peachtree Hills Rd, Las Cruces, NM
Property

Other
For Sale

$1,200,000
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2001 E Lohman Avenue

2001 E Lohman Ave, Las Cruces, NM
Property

Retail

4,000 SF
Availability

1 Space

4,000 SF
Year Built

2016
For Lease

$25.00/SF/YR
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Pan Am Plaza

1723 E University Ave, Las Cruces, NM
Property

Retail
Availability

1 Space

9,344 SF
For Lease Contact for pricing
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2250 Locust

2250 Locust, Las Cruces, NM
Property

Multi-Family

10,270 SF
For Sale

$1,499,890
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I-25 & Thorpe Rd

Co Rd D036, Las Cruces, NM
Property

VacantLand

180.92 Acre
Year Built

1964
For Sale

$5 - 7/SF
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± 6.34 Acres of Land

300 S Walnut Street, Las Cruces, NM
Property

Other
For Sale

$1,380,852
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Arrowhead Park: Building 1

4605 Research Park Cir, University Park, Las Cruces, NM
Property

Office

15,589 SF
For Sale

$2,400,000
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3510 Northrise Dr

3510 Northrise Dr, Las Cruces, NM
Property

Retail

5,688 SF
Availability

3 Spaces

5,688 SF
For Lease

$30.00/SF/YR
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Camino Coyote Ln

Camino Coyote Ln, Las Cruces, NM
Property

VacantLand

1.2 Acre
For Sale Contact for pricing
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9750 E. Bataan Memorial Highway

9750 E. Bataan Memorial Highway, Las Cruces, NM
Property

VacantLand

16.62 SF
For Sale

$332,000
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311 Southgate Court

311 Southgate Court, Las Cruces, NM
Property

Industrial

18,926 SF
Year Built

2008
For Sale

$2,000,000
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± 1.76 Acres

2701 Spitz, Las Cruces, NM
Property

Other
For Sale

$199,000
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E Northrise Dr

E Northrise Dr, Las Cruces, NM
Property

VacantLand

0.78 Acre
For Sale Contact for pricing
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2432 La Fonda Cir

2432 La Fonda Cir, Las Cruces, NM
Property

Multi-Family

4,204 SF
For Sale

$737,414
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Industrial Land with 2 Warehouses

822 Quesenberry St, Las Cruces, NM
Property

Industrial

4,800 SF
For Sale Contact for pricing
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2495 W Amador

2495 W Amador, Las Cruces, NM
Property

VacantLand

6.86 SF
For Sale

$1,180,000
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Frequently Asked Questions

Commercial real estate is a broad category that includes a high variety of space types designed to meet the needs of various industries of the local economy and their specialized subsectors, as presented in our real estate 101 guide to types of commercial real estate. However, there are three main categories that you are most likely to come across: office, retail, and industrial space.

Modern office space is typically organized over large floor plates bound by high ceilings and large windows for an abundance of natural light and is located in transit-oriented developments with good access to multiple modes of transportation, so as to facilitate employee commute. The Las Cruces commercial real estate market incorporates 15,589 square feet of office space across 3 buildings.

Office buildings can also accommodate coworking spaces, which are shared office options that typically cater to the needs of small, startup businesses that require flexible workspaces, a concentration of amenities, and services that can be accessed on an occasional or short-term basis.
Retail space includes shopping malls, department stores, street retail, or specialty stores dedicated to a narrow range of products. Such properties are typically located in high foot-traffic and/or car traffic areas, to facilitate customer access. The Las Cruces commercial real estate market includes 693,139 square feet of retail space in a variety of settings.
Industrial property most often serves businesses operating in manufacturing or logistics and generally consists of large open spaces located within good access to roads, railways, freight airports or regional water ports. Industrial space listings can include warehouses, manufacturing plants, distribution centers, flexible industrial space, or even data center facilities. Across the Las Cruces market, there is a total of 23,726 square feet of industrial property.

The listing inventory in Las Cruces incorporates commercial real estate for lease and for sale of almost all property types and subtypes. However, you’ll find some categories offer more rental or investment opportunities than others.

The largest share of commercial real estate space for lease in Las Cruces is represented by Retail space, which accounts for 151,767 square feet of available listings. Office space available in Las Cruces adds up to 30,000 square feet.

Meanwhile, most of the listings of commercial property for sale in Las Cruces are in the Office category.

The price of renting or buying commercial real estate is influenced by a variety of factors, including: the property type (for example, office space is priced higher than other property types in most locations); the condition and asset class rating (property rated class A or above will typically command a higher price than lower grade classifications); the quality or the development potential of the property location; whether or not there is high demand for the type of commercial asset in question; and what the state of supply is relative to demand.

Whether you are looking for commercial real estate for lease or commercial property for sale, the best choice of location depends on the factors that are most relevant to your business strategy. A good thing to look for at the start, however, is the areas of the city that have the highest concentration of your preferred type of property, as these areas are generally well connected to the amenities and points of interest that are most relevant to each property type.

As such, there are several areas that you could consider to be the best location for commercial real estate in Las Cruces, depending on the property type you are interested in. The highest concentration of commercial space listings of any kind in Las Cruces is in the Dona Ana neighborhood.

Select your preferred property type from the search filters menu at the top of the search page and then navigate the interactive map for a better view of commercial real estate availability in the locations most suited to your needs.

Regardless of whether buying or leasing commercial space is a new experience for you, there are significant benefits to working with a commercial real estate broker. In addition to saving you time and money, an experienced broker will contribute specialist knowledge of the local market, the property type you need representation for, and will handle negotiations on your behalf in your best interest.

To start, it is important for you to have a good understanding of what kind of broker you need. For instance, there are differences between a tenant broker and a listing broker. Also important at the start is to have a clear idea of what kind of space (or tenant) you are looking for and what (if any) particular needs and requirements you might have. And, while it is good to get a referral, you should interview several brokers to better gauge who you feel would best represent your interests.

CommercialCafe hosts listings from some of the most trusted commercial real estate brokerages in the country. Use the contact form available on each listing page or the contact details for the property representatives to reach out and start your search!

The profitability of a commercial real estate investment depends on a multitude of factors working together. These factors include the quality of the asset itself — which itself includes aspects such as location, property class, amenities, and the quality of the property management — to the local market conditions, the state of the local economy, the demand for that particular type of commercial property, and of course the costs of owning and maintaining it relative to what leasing rate or sale price you get from the property. Asking rents in the city went as high as $30 per square foot.

The average size of a commercial property in Las Cruces depends greatly on the property type and the location — geographical possibilities and zoning allowances have significant influence on how big developers can build. While there are outliers that break height or volume records in the city, we can look at some average sizes by property use:

In Las Cruces, the average size of an office property is 15,589 square feet.
Retail properties here incorporate an average of 138,628 square feet.
Industrial space in Las Cruces is in buildings that are, on average 11,863 square feet in size.

Las Cruces, NM Currently Available Listings

Commercial Space for Lease Breakdown

Commercial real estate listings for rent in Las Cruces currently add up to 474,283 square feet. The market offers 1 active office listing(s), which amount to 30,000 square feet and account for 12% of commercial spaces on the market. Local retail availability includes 151,767 square feet across 5 retail space(s).

Property Type	Count of Listings	Total SF
Office	1	30,000
Retail	5	151,767
Other	2	292,516

Commercial Space for Sale Breakdown

What’s more, if you are interested in making an investment in the local market, you can also find commercial real estate for sale in Las Cruces, NM. Currently, there is 94,900 square feet of commercial property for sale here , which includes 2 office building(s) for sale , 3 retail investment opportunity listing(s) , and 1 listing(s) of industrial real estate property for sale .

Property Type	Count of Listings	Total SF
Office	2	22,956
Retail	3	35,285
Industrial	1	18,926
Other	15	17,733

Las Cruces, NM Commercial Real Estate for Lease and Sale

Frequently Asked Questions

What are the different types of commercial real estate?

What types of commercial real estate are available in Las Cruces, NM?

What factors affect the price of commercial real estate in Las Cruces, NM?

What are the best areas for commercial real estate in Las Cruces, NM?

How do I find a good commercial real estate broker?

What is the most profitable commercial real estate?

What is the average size of a commercial property in Las Cruces, NM?

Las Cruces, NM Currently Available Listings

Commercial Space for Lease Breakdown

Commercial Space for Sale Breakdown

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