DIVERSIFIED MIX, HIGH SPENDING INDEX & RETAIL GAPS

Well over 50% of the local Las Cruces home building activity and continued area growth continues to happen and start at the Highway 70 & I-25 interchange and moves further along Highway 70 as the area develops. This location offers a great mixture of business to include but is not limited to: eateries, specialized retail stores, financial services, state offices, medical concepts and others. The surrounding area also offers very attractive additional retail,entertainment, and business concepts that only supplement the area growth and potential. The surrounding area within a one and three mile radius is well diversified in terms of a consumer base of all ages, income levels, and demographic makeup. The spending index potential within this radius is well above national averages for certain demographics. Gaps in demand versus the retail services offered within the area continue to attract good retail tenants and beyond. Within just a one mile radius of this location the following retail gaps apply: $6 million plus in food and beverage $13 million plus grocery gap $1 million plus specialty food cap $2.5 million plus clothing gap $5 million plus general merchandise gap The retail gaps noted are far greater for a three mile radius. This location is very economical by comparison to a lot of alternative area offerings and well suited for your business intentions. A study of the local demographics further indicates that you have a financially active consumer base. This would be an ideal site for a business looking to cater to this element beyond other potential suitors. The available units can furthermore be converted to functional offices if desired. The ownership will also offer improvements for well qualified parties. Please give us a call today to discuss further.