1630 Rio Rancho Blvd SE - Storefront FOR SALE


Rio Rancho, NM 87124
$3,229,792 USD
505-300-2446
1630 Rio Rancho Blvd SE, Rio Rancho, NM for Sale
$3,229,792 USD
Storefront - FOR SALE
1/10
null | 7.5% Cap Rate

1630 Rio Rancho Blvd SE
Rio Rancho, NM 87124


HIGHLIGHTS

  • Thriving retail shopping center anchored by Lucky Grocery, conveniently located near Interstates 15 and 215.
  • Positioned at a signalized intersection with exposure to over 45,000 vehicles per day for tenants that require visibility and brand recognition.
  • Located in Hilltop Plaza, adjacent to Intel’s over 200-acre campus and multiple major employers, for increased foot traffic.
  • Fully leased to healthcare, wellness, fitness, and food tenants with NNN leases with annual increases across all tenants.

OVERVIEW

Located at 1630 Rio Rancho Blvd SE in Rio Rancho, this fully leased retail strip center presents a rare opportunity to acquire a stabilized, inflation-protected investment in one of the state’s fastest-growing submarkets. The property offers 11,973 square feet of rentable space on a high-profile 1.03-acre pad site within Hilltop Plaza, a vibrant retail hub anchored by Defined Fitness, NAPA Auto Parts, and Big O Tires. Positioned at a signalized intersection along Rio Rancho Boulevard, the center benefits from exceptional visibility and traffic counts approaching 45,000 vehicles per day. It is also adjacent to Intel’s 200+ acre campus, a major regional employer that continues to drive economic growth in the area. The tenant mix includes Lovelace Health System, Gonzales Jiu-Jitsu, and Boba Catch, providing a diverse and recession-resistant income stream. All leases are structured as NNN, with scheduled annual rent increases ranging from 2% to 3%, ensuring predictable year-over-year income growth and minimal landlord responsibilities. The surrounding demographics are highly favorable, with more than 149,000 residents within a 5-mile radius, and an average household income exceeding $115,000. The area boasts strong retail synergy with nearby national brands, including Walmart Supercenter, Smith’s Grocery, Target, Starbucks, Chick-fil-A, Dutch Bros, and many others, which contribute to steady traffic and consumer draw. Rio Rancho is part of the Albuquerque Metropolitan Area and is recognized as New Mexico’s fastest-growing city, offering a strong economy, affordable housing, and a high quality of life. This combination of strategic location, tenant diversity, and favorable market fundamentals makes this property an ideal choice for investors seeking durable cash flow, inflation protection, and long-term stability in a thriving community.

FOR SALE DETAILS

PRICE

$3,229,792 USD

PRICE/SF

$259 USD /SF

CAP RATE

7.5%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1991

SPRINKLERS

-

PARKING SPACES

65

LAND DETAILS

LAND ACRES

1.03 AC

LAND SF

44,867 SF

ZONING

C-1

APN/PARCEL ID

1013067518526

ASK ABOUT THIS PROPERTY

Anthony JohnsonPegasus RetailMore Info
505-300-2446

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Anthony JohnsonPegasus RetailMore Info
505-300-2446

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.