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Shopping Center For Sale Las Vegas, NM 8% CAP

1008 1012 Mills Ave Las Vegas, NM 87701

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Overview

Mills Plaza Shopping Center in Las Vegas, New Mexico. Excellent investment for someone looking to hold a property with 3 long term tenants including the anchor tenant of Dollar General. The center is in very good condition and well maintained. Las Vegas is a growing economy in Northern New Mexico with a strong demand for retail/office tenants. Very nice center for an investor. Leases are NNN to the owner.

For Sale

Retail

Secondary Uses: Strip Center

Sale Price
$1,197,700
Cap Rate
8.5%
Building Size
12,925 SF
Acres
0.93 ac
Zoning
GC, LAS VEGAS
Number of Buildings
1
Floors
1
Year Built
2004
Year Renovated
2009
Construction Type
Framed
Parking Spaces
58
Nearest MSA
Las Vegas
Property Status
Existing
County
San Miguel
Created
2022-03-13
Updated
2025-01-28
Listing ID
840a3f3c

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