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Lower costs on lease, land and building costs, while not a significant factor in business expansion decisions, do have an impact. More significantly, property taxes may amount to as much as 50% of the net lease payment.
BorderPlex land and building costs are very competitive with other markets and lease rates can be as much as 50% of those in more densely populated markets. Coupled with the abundance of land available and a location on the border with Mexico, these competitive costs make the BorderPlex the right choice for business expansion.
New construction can be accomplished in as little as 90-120 days by a number of professional construction firms. The community development departments of both the City of Las Cruces and Doņa Ana County understand the needs of our industrial clients and will fast-track permitting to insure on-time project completion.
Property taxes in Doņa Ana County are among the lowest in the nation. This has a major impact for facilities with large capital investments (see 600 employee sample pro-forma). Real and certain personal property is subject to the tax, but unlike some states, there is no tax on inventory. This can be a significant factor in the decision process. The City of Las Cruces and Doņa Ana County are both very business friendly and depending on the project, offer Industrial Revenue Bonds and other incentives to lessen the tax burden.
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