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3201 Southern Blvd
Rio Rancho, NM 87124
Joe's Pasta House · Retail Property For Sale
Investment Highlights
- Long-Standing History – Joe’s Pasta House has operated out of the same space since 1998, over 20 years of business in the same building.
- Trade Area Growth and Development –The property is surrounded by many apartments and condos attracting an immediate consumer base.
- Unencumbered Asset – Offered free and clear of any existing financing, a new investor can take advantage of historically low interest rates.
- Absolute NNN | No Landlord Responsibility – Tenant pays for all expenses including CAM, Taxes, Insurance, and all other aspects on/around the property
- Trade Area and Demographics – With over ±140,000 residents and ±35,000 employees within a 5-mile radius of the trade area.
Property Facts
Property Type
Retail
Property Subtype
Freestanding
Building Size
4,720 SF
Building Class
C
Year Built
1988
Tenancy
Single
Building Height
1 Story
Building FAR
0.12
Lot Size
0.89 AC
Zoning
Special Use
Amenities
- Freeway Visibility
- Pylon Sign
- Restaurant
- Signage
- Signalized Intersection
- Monument Signage
Property Taxes
| Parcel Number | 1-013-068-050-372 | Improvements Assessment | $109,324 |
| Land Assessment | $54,848 | Total Assessment | $164,172 |
Property Taxes
Parcel Number
1-013-068-050-372
Land Assessment
$54,848
Improvements Assessment
$109,324
Total Assessment
$164,172
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