Contacts
Jacob Lopez
Berkshire Hathaway NM Commercial Real Estate
Christian File
Berkshire Hathaway NM Commercial Real Estate
Property Details
- Property Type Retail
- Property Size 7,605 SF
- Lot Size 0.96 Acre
- Additional Rent Contact for pricing
- # of Floors 1
- Property Tenancy Multi-Tenant
- Year Built 1988
- Date Updated Oct 11, 2023
Owner-User or Investment Retail
This value-add retail strip in the heart of the ever expanding city of Rio Rancho presents a unique opportunity. You can owner occupy the vacancy and run your business while having your mortgage eliminated by the rental income. You can also fill up the vacancy and potentially develop the back portion of the land and create a stabilized investment. The cherry on top is the owner will consider owner financing for the right terms.
Suite Breakdown:
Suite A 1,407 SF MDK Barber Shop 8/1/22-7/31/24 $1,250/MO plus NNN
Suite B 1,350 SF Davidos Pizza 6/1/23-5/31/24,6/1/24-5/31/25 $1,394.60 NNN
Suite C 1,427 Vacant (AVAILABLE FOR LEASE)
Suite D&E 3,421 SF Karate Studio month to month $2,550/MO (AVAILABLE FOR LEASE)
Property Highlights:
Unit Mix: The property features a total of five individual suites, each offering unique opportunities for income generation and diversification.
Development Potential: The substantial lot size allows for potential expansion or redevelopment at the rear of the property, catering to various possibilities, including storage facilities or additional retail spaces.
Monument Signage: Capitalizing on the high visibility of Southern Blvd, the property is equipped with prominent monument signage, attracting attention from the approximately 30,000 vehicles per day (VPD) that pass by.
Location: Nestled in a high-traffic area with excellent frontage along Southern Blvd, this property benefits from its proximity to a diverse range of retail, dining, and residential areas, making it a coveted destination for businesses and consumers alike.
Want more info on this listing?
Reach out to the broker for more info on lease terms and amenities
Highlights
- 6905 SF
- Land 0.96 acres
- 5 Units
- Owner-Financing Possible under proper terms
- Great Opportunity to Owner Occupy and have the Rent Pay your Note!
- 30,000 VPD Southern and 25th St
Getting around
-
74/100
Walk Score ®
-
61/100
Bike Score ®
Location
- City Rio Rancho, NM
- Neighborhood Cabezon
- Zip Code 87124
- Market Albuquerque
Points of Interest
-
Sandia Pueblo
5.47 miles
-
Los Ranchos/Journal Center
5.96 miles
-
Montaño
7.84 miles
-
Downtown Bernalillo
9.00 miles
-
Sandoval County/US 550
9.84 miles
-
Speedway
0.31 miles
-
Alon
1.46 miles
-
Murphy Express
1.65 miles
-
Smith's Fuel Center
1.76 miles
-
Valero
1.99 miles
-
Smith's
2.57 miles
-
Sam's Club
2.81 miles
-
ChargePoint
9.79 miles
-
Marcadas Canyon Trailhead
3.63 miles
-
Upper Car Park
4.61 miles
-
Rio Rancho Bosque Preserve South Parking
5.79 miles
-
President's Compound
6.20 miles
-
Visitor Parking
6.36 miles
-
Bosque Parking Lot
6.45 miles
-
Visitors Parking
6.53 miles
-
Bosque School Main Parking Lot
6.66 miles
-
Bosque School Visitor Parking
6.72 miles
-
Bosque School Middle School Parking Lot
6.74 miles
-
Stripes & Burritos Co
0.05 miles
-
Domino's
0.09 miles
-
Subway
0.12 miles
-
McDonald's
0.28 miles
-
Slate Street
0.35 miles
-
DQ Grill & Chill
0.36 miles
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Best Lee's
0.39 miles
-
Nori Ramen & Sushi Bar
0.45 miles
-
Baja Mexican Food
0.48 miles
-
KFC
0.54 miles
-
El Paisano Market Carniceria
0.46 miles
-
Southern Plaza
0.48 miles
-
Walmart Supercenter
0.73 miles
-
Albertsons
0.96 miles
-
Walmart Neighborhood Market
1.62 miles
-
Natural Grocers
1.73 miles
-
Smith's
1.80 miles
-
Target
2.16 miles
-
Kohl's
2.82 miles
-
Sprouts Farmers Market
3.38 miles
In-Depth Research Available for this Property
Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.
