1999 Futurity Dr
Market Price
1999 Futurity Dr, Sunland Park, NM 88063
26,173 sqft
Building Size
1.7 acres
Lot Area
Details:
Description:
1999 Futurity Drive – Cannabis Industrial Investment | Sunland Park, NM
Rare opportunity to acquire a multi-building cannabis industrial portfolio in Sunland Park, NM, just minutes from the Texas state line and West El Paso.
The property consists of multiple buildings totaling approximately 25,696 SF, currently ~60% occupied by established cannabis retail and cultivation tenants on NNN leases.
In-Place Income:
Current base rent totals approximately $22,336 per month ($268,032 annually)
1999 Futurity Dr Lease Summary …
, with additional NNN reimbursements (estimated at $0.25/SF/month for 2026).
Value-Add Opportunity:
Building B (±10,000 SF) is currently vacant, offering a significant lease-up or owner-user opportunity. This space can:
Be leased to increase NOI and stabilize the asset, or
Allow an owner-user to occupy while maintaining strong in-place cash flow from the remaining tenants.
Tenant Mix & Lease Profile:
Multiple cannabis retail and cultivation operators
Lease expirations extend through 2026–2031
Renewal options in place on several leases
Annual rental escalations on select tenants
This offering provides a compelling blend of in-place income, upside through lease-up, and long-term industry positioning in a supply-constrained border market.
Ideal for:
Investors seeking yield with upside
Cannabis operators seeking expansion
Owner-users looking to offset occupancy costs with stabilized income
Contact broker for rent roll, lease summaries, and financials.
Located at the corner of Futurity Dr and Quinella Rd, in Sunland Park, New Mexico (approximately 2 minutes, 0.8 miles from Texas border/El Paso, Texas). Close to Texas Border/Western El Paso (±0.8 miles/2 mins), Interstate 10 (±1.8 miles/6 mins), Sunland Park Racetrack & Casino (±0.6 miles/2 mins), The Shoppes at Solana/Inline Shopping Centers (±2 miles/±10 mins), Loop 375 (±2.9 miles/ 6 mins), New Mexico State Road 273/McNutt Rd (±1 mile/ 2 min).
3 Spaces Available
A Unknown Sub Type
B Unknown Sub Type
D Unknown Sub Type
Location
Gallery
