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7800 Carr Way NE 17,082 SF 41% Leased Retail Building Rio Rancho, NM 87144 $4,250,000 ($248.80/SF)

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Executive Summary

-Proforma Cap Rate of 8.38%
-Strong retail corridor between Rio Rancho and Bernalillo
-Easy access via Hwy. 550 and Hwy. 528
-Abundant parking: 5.3:1,000 ratio
-$124,437 average household income within a 1-mile radius
-Over 26,000 cars per day

Attachments

Carr 7800

Property Facts

Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Storefront
Building Size
17,082 SF
Building Class
C
Year Built
2008
Price
$4,250,000
Price Per SF
$248.80
Percent Leased
41%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.23
Lot Size
1.68 AC
Zoning
SU - Special Use Zone
Frontage
288’ on Nm-528 Rd

Amenities

  • Signage

Major Tenants Click Here to Access

  • Tenant
  • Industry
  • SF Occupied
  • Rent/SF
  • Lease Type
  • Lease End
  • Accommodation and Food Services
  • -
  • $9.99
  • Lorem Ipsum
  • Jan 0000

Subway is a global quick-service restaurant brand known for its customizable submarine sandwiches and widespread franchised business model. Founded in 1965, the company has grown into one of the world’s largest restaurant chains by unit count, operating tens of thousands of locations across more than 100 countries. Following its sale to Roark Capital in 2024, Subway entered a new phase of operational restructuring and brand modernization. In July 2025, Jonathan Fitzpatrick, a seasoned executive with prior leadership roles at Driven Brands and Burger King, was appointed CEO to guide the company through this transition. The brand has faced significant market shifts over the past decade, including increasing competition, evolving consumer expectations, and declining U.S. sales, prompting renewed investments in menu upgrades, digital ordering, and organizational realignment. Subway remains privately held under Roark Capital’s ownership, with ongoing efforts to strengthen franchisee support and improve systemwide performance as it works toward revitalizing its global footprint.

Tenant Industry SF Occupied Rent/SF Lease Type Lease End
Accommodation and Food Services - $9.99 Lorem Ipsum Jan 0000

Space Availability

  • Space
  • Size
  • Space Use
  • Position
  • Available
  • 101
  • 10,032 SF
  • Retail
  • End Cap
  • Now

Former Big 5 with open layout and great visibility.

Space Size Space Use Position Available
101 10,032 SF Retail End Cap Now

101

Size
10,032 SF
Space Use
Retail
Position
End Cap
Available
Now

101

Size 10,032 SF
Space Use Retail
Position End Cap
Available Now

Former Big 5 with open layout and great visibility.

Nearby Major Retailers

Starbucks
Albertsons
PNC Bank
Nusenda Credit Union
UMB Bank
Club Pilates
Anytime Fitness
Sprouts Farmers Market
Bank of America
Chili's Grill & Bar

Property Taxes

Property Taxes

Parcel Number
1-018-074-293-220
Land Assessment
$319,896
Improvements Assessment
$718,259
Total Assessment
$1,038,155
  • Listing ID: 38073188

  • Date on Market: 10/14/2025

  • Last Updated:

  • Address: 7800 Carr Way NE, Rio Rancho, NM 87144

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