Fee simple property. Located in the building and zoning jurisdiction of the City of Rio Rancho, one of New Mexico’s most responsive and business-friendly communities. Directly across from New Mexico’s newest Tesla showroom and dealership. Shadow anchored by Santa Ana Casino and the Hyatt Tamaya Resort. New Mexico’s fastest-growing retail corridor. Located at the intersection of Hwy 528 and Hwy 550 (60,795 VPD). Underserved trade area with a population over 120,000. Strong daytime population with continued job growth. Significant new residential growth with over 2,000 new homes built in the last 3 years in the immediate vicinity. Entitled and fully improved commercial retail pads.