25,639 Square Foot Retail Space For Sale @ 111 Rio Rancho Blvd, Rio Rancho, NM 87124

111 Rio Rancho Blvd, Rio Rancho, NM 87124

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Matt R.

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Western States Retail & Investment is pleased to bring to market for sale a Starbucks anchored neighborhood center with substantial upside opportunity. Located on Highway 528 in Rio Rancho, NM, the hard corner lighted intersection is a rarity and very difficult to replace and the 2008 construction with substantial in place tenant improvements make the property extremely leasable. Market retail occupancy in the trade area is 91% while the center sits currently at 49%.

Location Description:
Highway 528 and Rockaway Blvd

Highlights:
■ Anchored by Starbucks
■ 40,000 CPD at signalized intersection
■ Stable demographics with high daytime workforce
■ Well located in the heart of Rio Rancho Industrial
■ Park and at the gateway to dense single family developments
■ Tremendous upside potential through lease up

* This property also has spaces available for lease.

Listing company: Western States Retail & Investment

Pricing: $5,195,000

Availability: Now

Listing ID: 620574

Suite	Space Type	Pricing	Size
111 Rio Rancho Blvd	Retail Space	For lease: $1.33/sqft	3,300 sqft
Beautiful existing office/light medical build out - former Massage Envy. Plumbing can be run throughout and the space is demisable Anchored by... or view detailed page
111 Rio Rancho Blvd	Retail Space	For lease: $1.33/sqft	1,500 sqft
Fantastic salon space - tiled and plumbed throughout. Main entry fountain gives this space a great extra touch for the higher end retail user... or view detailed page
111 Rio Rancho Blvd	Retail Space	For lease: $1.33/sqft	1,858 sqft
Anchored by Starbucks and Atrinea Health, this fundamental center currently has vacancies with superior buildout available. Strong lighted intersection... or view detailed page
111 Rio Rancho Blvd	Retail Space	For lease: $1.33/sqft	6,516 sqft
Anchored by Starbucks and Atrinea Health, this fundamental center currently has vacancies with superior buildout available. Strong lighted intersection... or view detailed page

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Sale Price: $5,195,000

Size: 25,639 square feet

Type: Retail Space

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