7850 Enchanted Hills Blvd NE | Rio Rancho, NM 87144
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7850 Enchanted Hills Blvd NE
Rio Rancho, NM 87144
Walgreens | 11.5+ Yrs NNN | Strong Sales · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- Long-term lease with early lease extension | Tenant recently extended its lease early by over 7 years, bringing the total term to 11.5+ years
- Signalized, hard corner location with excellent access and visibility from Pat D’Arco Highway & Enchanted Hills Blvd NE | Combined ±50,685 VPD
- Outparcel to an Albertson’s-anchored shopping center
- Absolute NNN lease | Zero Landlord responsibilities
- Steady sales volume and well-established location | Tenant has been operating at the site for nearly 23 years
- Kitty corner to a Walmart Supercenter-anchored shopping center
PROPERTY FACTS
Property Type
Retail
Property Subtype
Building Size
15,067 SF
Building Class
B
Year Built
2001
Tenancy
Single
Building Height
1 Story
Building FAR
0.20
Lot Size
1.72 AC
Parking
95 Spaces (6.34 Spaces per 1,000 SF Leased)
Frontage
AMENITIES
- Pylon Sign
- Signage
- Signalized Intersection
- Drive Thru
PROPERTY TAXES
| Parcel Number | 1-018-074-262-109 | Improvements Assessment | $903,607 |
| Land Assessment | $128,493 | Total Assessment | $1,032,100 |
PROPERTY TAXES
Parcel Number
1-018-074-262-109
Land Assessment
$128,493
Improvements Assessment
$903,607
Total Assessment
$1,032,100
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