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3301 Southern Blvd
Rio Rancho, NM 87124
84% Occupied Shops | Below Market Rent · Retail Property For Sale

Investment Highlights

  • 84% Occupied | E-Commerce Resistant | Historical Occupancy | Below Market Rent | Value-Add
  • Just 2 Miles from Massive Intel Fab 11X Fabrication Facility
  • Nearby Apartments & Condominiums | Direct Consumer Base
  • Part Of Country Club Center (57,600 SF) | Nearby National/Credit/Tenants | Increases Consumer Traffic
  • Located Directly Along Primary Thoroughfare | Excellent Visibility & Access | Fronting 21,900 VPD

Property Facts

Property Type
Retail
Property Subtype
Storefront
Building Size
10,780 SF
Building Class
C
Year Built
1998
Percent Leased
96%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.04
Lot Size
5.53 AC
Zoning
SU - Commercial Zoning
Parking
263 Spaces (6.73 Spaces per 1,000 SF Leased)
Frontage
317’ on Pinetree Rd

Amenities

  • Pylon Sign
  • Signage
  • Signalized Intersection

About 3301 SOUTHERN BLVD , RIO RANCHO, NM 87124

The subject property is located directly along and fronting Southern Boulevard SE with clear visibility and access to 21,900 cars passing by each day. The offering is a portion of the inline shops space of Country Club Center which is anchored by Elevate Trampoline Park, Dollar General, and Planet Fitness, promoting crossover shopping to the site. Southern Boulevard SE is a primary east/west retail thoroughfare serving the city of Rio Rancho, with nearby national/credit tenants such as a 24-hour Walmart Supercenter, Rio Rancho Premiere 14, Dollar Tree, Goodwill, CVS, Walgreens, and more, increasing consumer traffic to the area. The property is also just 2-miles from Intel’s Fab 11X fabrication facility, one of the largest semiconductor facilities in the world, featuring over 1 million SF and 400,000 SF of clean room space where chips are made. Intel invested $135 million in its facility in 2018 and has grown 53% over the prior year. The site further benefits from adjacent apartment/residential communities such as Entrada Point Apartments (209 units), The Greens Condominium Complex, Fairways Condominiums, and Club Rio Rancho, a 62-acre former country club with proposed development of 270 new homes and a renovated golf course, providing the site with a direct residential consumer base from which to draw from. The 5-mile trade area is supported by a population of over 144,700 residents with an average household income of $80,000. Rio Rancho is the 3rd largest city in New Mexico, the fastest growing community in the state, and one of the fastest growing in the southwest.

  • Listing ID: 18219040

  • Date on Market: 1/17/2020

  • Last Updated:

  • Address: 3301 Southern Blvd, Rio Rancho, NM 87124

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