1630 Rio Rancho Blvd SE 11,973 SF 100% Leased Retail Building Rio Rancho, NM 87124 $3,229,792 ($269.76/SF) 7.50% Cap Rate

Located at 1630 Rio Rancho Blvd SE in Rio Rancho, this fully leased retail strip center presents a rare opportunity to acquire a stabilized, inflation-protected investment in one of the state’s fastest-growing submarkets. The property offers 11,973 square feet of rentable space on a high-profile 1.03-acre pad site within Hilltop Plaza, a vibrant retail hub anchored by Defined Fitness, NAPA Auto Parts, and Big O Tires. Positioned at a signalized intersection along Rio Rancho Boulevard, the center benefits from exceptional visibility and traffic counts approaching 45,000 vehicles per day. It is also adjacent to Intel’s 200+ acre campus, a major regional employer that continues to drive economic growth in the area.

The tenant mix includes Lovelace Health System, Gonzales Jiu-Jitsu, and Boba Catch, providing a diverse and recession-resistant income stream. All leases are structured as NNN, with scheduled annual rent increases ranging from 2% to 3%, ensuring predictable year-over-year income growth and minimal landlord responsibilities. The surrounding demographics are highly favorable, with more than 149,000 residents within a 5-mile radius, and an average household income exceeding $115,000. The area boasts strong retail synergy with nearby national brands, including Walmart Supercenter, Smith’s Grocery, Target, Starbucks, Chick-fil-A, Dutch Bros, and many others, which contribute to steady traffic and consumer draw.

Rio Rancho is part of the Albuquerque Metropolitan Area and is recognized as New Mexico’s fastest-growing city, offering a strong economy, affordable housing, and a high quality of life. This combination of strategic location, tenant diversity, and favorable market fundamentals makes this property an ideal choice for investors seeking durable cash flow, inflation protection, and long-term stability in a thriving community.