Rio Rancho, NM Retail Property For Sale

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Land for Sale

Rio Rancho, NM 87124

> Retail / Mixed-use pads for Lease, BTS or Sale

> Flexible parcel sizes

> Premier development opportunity in the heart of the Unser Gateway

> The project fronts a major arterial and two major streets with three signalized inter-sections

> Multiple full movement access points along Westside Blvd. and Wellspring Ave.

> Major residential growth corridor with the future addition of Los Diamantes in close proximity

> Los Diamantes, a master-planned community programmed for 450 housing starts, a 70 acre business park and an elementary school

> Adjacent to Cabezon Master-planned Community with over 2,600 built-out homes in place

> Underserved node with high demand for retail, food and medical uses

> Adjacent to Rio Rancho’s and Sandoval County’s largest medical facility, Presbyterian Rust Medical Center

Retail for Sale

Rio Rancho, NM 87144

The subject property is a multi-tenant retail building totaling approximately 17,082 square feet, situated on 1.675 AC. It is 100% leased to four tenants – Big 5 Sporting Goods, Subway, Summit Family Dental and America’s Mattress. The property is located off of and visible from NM Highway 528, directly south of NM Highway 550. Tenants in the immediate trade area include Walmart Supercenter, Home Depot, BBVA Compass Bank, McDonald' s, Albertson' s, Anytime Fitness, Walgreens, Ross, Bed Bath and Beyond, PetSmart, Mattress Firm, IHOP, Big R and a variety of local vendors. Local attractions, including the Santa Ana Star Casino and Santa Ana Golf Course, are a short distance away.

Located in a tremendous growth area, Rio Rancho is positioned in the northwest

quadrant of the Albuquerque Metropolitan Area. The city was the fastest growing

county in New Mexico in people and percentage growth from 2017-2018

according to US Census statistics. The average household income within one mile of the subject property exceeds $93,000

Land for Sale

Rio Rancho, NM 87124

REDEVELOPMENT - MAJOR INTERSECTION RIO RANCHO SHOPPING CTR

+ Two pad sites remain available for owner/user possibilities

+ Sale, build-to-suit or ground lease

+ Busy signalized intersection with two dominant grocery operators generating high daily trip counts

+ Surrounded by a densely populated residential area - 72,000 people in 3 mile radius

+ Surrounding retailers include Walmart Neighborhood Market, Smiths Grocery, CVS Pharmacy, Walgreens and Starbucks

+ 72,300 VPD

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