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 ®

Powered by Walk Score ®

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
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.