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3301 Southern Blvd
Rio Rancho, NM 87124
Country Club Center · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- Stabilized and Expanding Income Stream with in-place rent escalations across most tenants
- High-Density Trade Area supported by strong consumer spending and residential growth
- Prime Location within a dominant retail corridor along Southern Blvd. SE (+24,000 VPD)
- Value-Add Potential through acquisition of an adjacent pad-ready development site
EXECUTIVE SUMMARY
Rio Rancho, the largest and only city in Sandoval County, anchors the northern edge of the Albuquerque metro, positioned just 12 miles from downtown. As New Mexico’s third-largest city, it benefits from a central and strategic location supported by a diversified economic base spanning manufacturing, healthcare, education, retail, tourism, and customer service. The city’s top ten employers collectively support more than 7,500 jobs, led by Intel Corporation—the region’s largest private employer—followed by Presbyterian Healthcare Services.
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront
Building Size
39,685 SF
Building Class
C
Year Built
1988
Price
$7,548,450 CAD
Price Per SF
$190.21 CAD
Cap Rate
8%
NOI
$603,876 CAD
Percent Leased
96%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.16
Lot Size
5.53 AC
Zoning
SU - Commercial Zoning
Parking
263 Spaces (6.73 Spaces per 1,000 SF Leased)
Frontage
AMENITIES
- Pylon Sign
- Signage
- Signalized Intersection
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