Rio Rancho, NM Property For Sale and Lease

Great location and a well-maintained building in Rio Rancho with easy access to Highway 528. Units are zoned C-2 which can accommodate a variety of business operations such as office, warehouse, or self-storage. There are two parking spaces per unit with additional parking on the street.

• Suite Available in Class B office building

• Elevator for Second Floor Access

• Exterior stairwell access to second floor

• Electronic card reader access for after business hours

• Well maintained building that presents well to customers and clients

• Security cameras on all entrances

• Water, Gas, Electric, and Janitorial included in $3.00 CAM fee

• Building visible from HWY 528

• Shared community restrooms, four per floor

• Easy access to NM HWY 528

• Located on Deborah Road, parallel to HWY 528

• NE quadrant of Barbara Loop & Deborah Road

• Minutes from Intel in Rio Rancho, New Mexico

• 1 Suite Available

• Recently Renovated

• High-Speed Internet Included

• Common Area ADA Bathrooms

• Close to Shopping, Banks, Restaurants

• Large Visually Appealing Lobby

• Tenant Pays Pro-rata Share of Utilities

PROPERTY OVERVIEW

1504 Cherry Rd. is a 5,000 SF commercial building situated on 1.01 acres of

land. This property was previously a convenience/grocery store and features

restaurant infrastructure and walk-in coolers. The properties high and open

ceiling plan coupled with the CMU construction, make this property ripe for

redevelopment/improvement. The area lacks many retail/service users and

end users could benefit by filling the demand for ANY services.

LOCATION OVERVIEW

1504 Cherry Rd. is located near the corner of Unser and Cherry Rd. in Rio

Rancho, NM. This property is surrounded by 1,000+ homes in the immediate

1-mile ring and there are countless new home and townhome developments

under construction in the area. This property is near the center of geographic

Rio Rancho and near the master-planned Downtown Rio Rancho that includes

Rio Rancho City Hall, Santa Ana Star Center, Hewlett Packard, UNM West

CNM, West UNM Regional Medical Center. Many of these employers intend on

growing and there is other speculative development in the area. With a city

proper population of 100,000+ the city of vision is ripe for development and

opportunity.

Under-served area by rooftops and in between Eagle Ridge Middle School and Stapleton Elementary School in proximity of Rio Rancho City Hall. Signalized intersection at hard corner of Northern and Broadmoor.

Absolute Single Tenant Net Lease Investment

Zero Landlord Responsibility

High Exposure to over 49,000 VPD and six lanes of traffic

Growing Residential Trade Area with 1,770 single-family homes in 12 master planned communities currently in development or in the pipeline in the trade area

Office: 3,000 sf; Warehouse:12,300 sf

Major Renovation & Mechanical Upgrades Completed in 2006

Excellent Direct NM 528 Visibility

Sprinkler System

3-Phase Power

City Sewer, Water & Gas

HVAC throughout Office & Majority of Warehouse

12' Clear Ceiling Height

Loading Dock & Drive-in

1.55 Acre Site Zoned M-1 ~ Allows Expansion, Additional Parking and Yard

NM 528 is Currently Being Expanded to 6 Lanes

High Traffic - 28,100 VPD

Breathtaking views of the Sandia Mountains. The listed property is a perfect location for: Restaurant, Winery, Brewery, Distillery, Wedding Venue, Entertainment Facility, Worship Center, Sports Venues, Museum, Driving Range, Charter Schools, Fitness Center, Hot Air Ballooning Facilities, Farmer Markets, Retail, Office, Hotel, Mixed Use with Lofts/Residential (the possibilities are endless for this property !).

See Listing Agents for Pricing.

Retail/mixed use lots in a high growth area

Excellent visibility from Unser Boulevard with 40,000 vehicles per day

Near Rust Hospital, Walmart Supercenter, and Rio Rancho Premiere Movie

Theater.

Major opportunity for Retail, Food, Medical and more.

The land is being offered with multiple options.

Parcel 1: Lots 4-5-6-7-8 Block 42 Unit 10 Rio Rancho Estates &

Lots 128 &129 Block 33 Unit 10 Rio Rancho Estates

Containing 5.87 Acres

Price $3,500,000

Parcel 2: Lots 130-131-132-133-134 Block 33 Unit 10 Rio Rancho Estates

Containing 4.52 Acres

Price $2,300,000

Parcel 1 & 2 Price $5,500,000

Established Medical Office building in heart of Rio Rancho. Ground floor suite in office condo building occupied solely by medical professionals.

Tenant occupied until August 2020, contact listing agent for showing information.

Traditional Medical Office with waiting area and reception desk includes, exam rooms. Available September 1, 2020, when current lease expires.

Located On NM 528 and Sara Rd.

Ideal Area for Office, Financial, Education

Prime Location Across the Street from Intel

Arterial Access from Sara Rd.

Zoned SU/NR

350' of frontage on Northern Blvd.

Wide range of permissive uses included in C-2 zoning

Drive-thru's permitted

Centrally located to major home developments

Located near high traffic generating Lowe's, athletic center, library & aquatic center

Great location for restaurants, banks, urgent care center or car wash

Full access to city utilities

More than 13,000 cars per day

> Commercially zoned property in the heart of Rio Rancho

> Rio Rancho is the third largest and one of the fastest growing cities in the state of New

Mexico

> Major residential growth corridor with over 1,700 new homes being added

> Adjacent to Rio Rancho High School with over 2,500 students

> Four blocks from Eagle Ridge Middle School and Ernest Stapleton Elementary

> Over 230 feet of Fruta Road frontage

> Visibility from Broadmoor Blvd.

> Utilities in close proximity

• Beautifully finished medical office space

• Long-term tenant in place with additional options to renew

• Rio Grande Executive Plaza Condominium Association

• Renovated 2020

Wonderful mountain and city views from this church building on a full acre of land. Former 2507 square foot three-bedroom, two bath home has the three-car garage converted to a worship space with heating, cooling and a built-in vacuum system. Pastor’s office, outdoor patio, loft, oversized master bath, and attic storage are located upstairs. Downstairs has two ADA restrooms, sanctuary, kitchen, fellowship area and children’s church area. The main floor is ADA accessible.

This property can be converted back to a home and purchased on a 203k loan.

Ideal area for Office, Financial, Retail, Medical, Institution.

Located on NM 528 & Sara Rd.

Arterial Access from Sara Rd.

Zoned SU/NR

Great commercial opportunity in a rapidly growing area of Rio Rancho. This lot has high visibility fronting Southern Blvd, just blocks away from Walmart Supercenter and Premiere Movie Theater.

• Utilities in Northen & Edinburgh

• Storm drain in Inca road

• Streets fully improved

• Previously entitled for drive-thru

• Surrounded by new residential developments

• Roughly +/- 500’ of Northern Blvd exposure

• Across the street from middle school

Signalized corner with exceptional visibility on Unser Blvd. and Abrazo Rd.

Over 450’ of frontage on Unser Blvd., a major Rio Rancho arterial

Large land for multiple buildings

Growing residential area with over 1,770 single-family homes in 12 master planned communities currently in development or in the pipeline in the trade area

Caters large trade area - the property serves Bernalillo, Corrales, Placitas, Rio Rancho, Algodones, 7 Pueblos and Albuquerque

The property has 3-Phase power and a fire suppression system.

Each unit has:

- 20'-22' clear ceiling height

- 14' drive-in door

- ADA restroom

- sewer drain in floor

Property is under construction, with anticipated delivery in December, 2020.

13,778 SF industrial property centrally

located along Hwy 528 in Rio Rancho

20’ Clear Height

Three (3) drive-in doors (10’x12’)

One (1) dock-high door. 22” Dock Height

Ample parking (34 Spaces)

70’ deep and 200’ of frontage

Fire suppression system

2020 NNN Estimate: $3.52/SF

Quality, concrete tilt construction in good condition. Flexible building suitable for a variety of different uses.

LOCATION

Rio Rancho Industrial - NM-528 at Zenith just north of Corrales Rd.

AVAILABLE

19,225± SF on 2.742± Acres

- 4,582± SF - Office

- 3,828± SF - Production (fully conditioned)

- 10,815± SF - Warehouse

- 2,052± SF - Mezzanine (not incl. in total SF)

SALES PRICE

$2,130,000

$110.79 ($/Bldg SF)

$99.74 ($/Bldg & Mezzanine SF)

LEASE RATE

$9.25/SF/YR (NNN)

FEATURES

3 Phase Power

1 High Dock Door; 2 Drive-in Doors

21’ 5” Warehouse Clear Height

Beautiful location in Rio Rancho Business Park

Enchanted Hills and Commerce Hub Location

Corporate Neighbors: Michael's, WalMart, McDonald's, Century Bank, Safelite, Santa Ana Star Hotel & Casino, and Tamaya Resort

Pad Site Status: Ready to Build, All Engineering, Utilities, Off-sites Done

Easy Access to I-25 via NM 528 and US 550: 528 Monument Signage

Possible Exchange for Income Property

> Prime multifamily and hospitality redevelopment opportunity

> Located along Rio Rancho’s main arterial HWY 528

> Across the street from Intel with over 1,800 employees

> Adjacent to Haynes Community Center & Park providing such amenities as:

- Haynes Swimming Pool

- Rosko field (multipurpose)

- 2 lighted tennis courts

- 3 full-court-basketball courts

- Outdoor restrooms

- Pavilion and picnicking/BBQ facilities

- Youth and adult sports programs

> Excellent demographic profile

> Major regional shopping area and Cottonwood Mall in close proximity

Conveniently located across the street, this is the primary shopping/service destination for Intel. Available is a 1,210 SF inline suite fully built out hair salon and ready for a new operator. Prominent pylon signage with strong visibility available. Great traffic counts with a high daytime population. Center serves as a quick food and service stop for go home/go to work traffic and Intel employees with easy access to NM-528.

Located in one of the fastest growing areas of the Albuquerque MSA, this single-tenant building is leased to Verizon Corporate on an initial 7 year primary term commencing 11/15/2016 expiring 11/30/2023 with 3 years remaining and three 3-year option terms with annual rent increases. Prominently positioned on a busy State Highway, NM 528, the site is visible to 39,000+ VPD. Additionally, as an outparcel to a major power center anchored by TJMaxx, Ross, PetSmart and Burke’s customer traffic is driven to the store through multiple channels. The investment opportunity provides the buyer with a stable and predictable income stream under a corporate lease with rent increases and recoverable operating expenses.

Property Highlights:

• Single-tenant Investment | Verizon Corp. (NYSE: VZ)

• 6.75% Cap

• Double Net Lease

• Adjacent to -

Super Walmart, Home Depot, Albertsons, TJMaxx, Ross Dress for Less

• NM Highway 528 visibility

Commercial Warehouse Complex Zoned C-2 sits on 1 acre. Super clean, simple maintenance and low operating expenses. All units have individually metered electric and gas. Units are heated and cooled and include overhead lighting, drive in bay doors and bathrooms. The property adjacent 1542 Stephanie is listed for sale. Both properties can be purchased individual or sold as a package. Contact listing office for details and see listing number 30653731 for details on the other listed property.

Strategically positioned adjacent to a top-performing Super Walmart at a major Rio Rancho intersection, this 22,100 SF multi-tenant retail building is 100% occupied with a variety of retail and service-oriented tenants. The Unser Blvd. and Southern Blvd. trade area has experienced explosive growth with the opening of the new Presbyterian Hospital and Rio Rancho's first movie theater. Residential Development in the surrounding area has been significant as well. A staggered rent roll provides the owner the ability to mitigate lease roll in the future while continuing the properties history of high occupancy.