1999 Futurity Dr
Sunland Park, NM 88063
Flex Property For Sale

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.