3301 Southern Blvd - Storefront FOR SALE


Rio Rancho, NM 87124
$5,440,000 USD
706-306-7382
3301 Southern Blvd, Rio Rancho, NM for Sale
$5,440,000 USD
Storefront - FOR SALE
1/15
null | 8% Cap Rate

3301 Southern Blvd
Rio Rancho, NM 87124


HIGHLIGHTS

  • Stabilized and Growing Revenues as most Tenants have in-place rent increases
  • Positioned in a dominant retail node along Southern Blvd. SE ( + 24K VPD )
  • Dense Surrounding Population with robust consumer spending power
  • Value-Add Opportunity through the Purchase of Pad Ready Site

OVERVIEW

Located in Rio Rancho - the most populous and only city in Sandoval County & part of the expansive Albuquerque metropolitan area. Located 12 miles North of Albuquerque, Rio Rancho is the third largest city within the state and is centrally located in the heart of New Mexico. The economy of Rio Rancho includes customer service centers, manufacturing, healthcare, education, retail and tourism. The top ten employers within Rio Rancho have approximately over 7,500 employees in multiple industries with Intel Corporation being the largest employer followed by Presbyterian Healthcare Services.

FOR SALE DETAILS

PRICE

$5,440,000 USD

PRICE/SF

$137 USD /SF

CAP RATE

8%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Country Club Center

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1988

SPRINKLERS

-

PARKING SPACES

263

LAND DETAILS

LAND ACRES

5.53 AC

LAND SF

240,887 SF

ZONING

SU

APN/PARCEL ID

-

ASK ABOUT THIS PROPERTY

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706-306-7382

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706-306-7382

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