Log In/Sign Up
Your email has been sent.
Grande Blvd Investment 3 Office Condos Offered at $1,112,000 in Rio Rancho, NM
Investment Highlights
- Fully leased portfolio with long-term tenants in place
- Surrounded by high-income neighborhoods and expanding medical infrastructure
- Strong demographics with average household income over $110K
- Located in Rio Rancho, New Mexico’s fastest-growing city
- Positioned near major roads with easy access to Albuquerque
- Zoned SU with stable operating income and 6.5% CAP rate
Executive Summary
This rare opportunity features three fully leased professional office condominiums located in the thriving Rio Rancho submarket, one of New Mexico’s fastest-growing cities. Positioned along Grande Blvd. SE, the properties benefit from strong visibility and proximity to major thoroughfares including NM-528 and Southern Blvd., offering seamless access to Albuquerque and Santa Fe.
The portfolio includes Suite 106 (±1,831 SF), Suite B (±1,795 SF), and Suite D (±1,701 SF), totaling ±5,327 SF. Each suite is occupied by stable, long-term tenants with staggered lease expirations extending through 2030. Tenants include Epiphany Dermatology, Lovato Law, and Verdes Cannabis, providing a diversified income stream backed by strong credit profiles.
Rio Rancho’s business-friendly environment, low crime rates, and expanding infrastructure—including Intel’s $3.5B investment and Presbyterian Rust Medical Center’s planned 1.2M SF expansion—make this an ideal location for sustained growth. The area’s high household incomes (average $113K within 3 miles), retail leakage into Albuquerque, and over 1,000 new homes in development further enhance the investment appeal.
This offering presents a turnkey, income-producing asset with minimal management requirements and upside potential in a high-demand trade area. Preference is to sell all three suites together.
The portfolio includes Suite 106 (±1,831 SF), Suite B (±1,795 SF), and Suite D (±1,701 SF), totaling ±5,327 SF. Each suite is occupied by stable, long-term tenants with staggered lease expirations extending through 2030. Tenants include Epiphany Dermatology, Lovato Law, and Verdes Cannabis, providing a diversified income stream backed by strong credit profiles.
Rio Rancho’s business-friendly environment, low crime rates, and expanding infrastructure—including Intel’s $3.5B investment and Presbyterian Rust Medical Center’s planned 1.2M SF expansion—make this an ideal location for sustained growth. The area’s high household incomes (average $113K within 3 miles), retail leakage into Albuquerque, and over 1,000 new homes in development further enhance the investment appeal.
This offering presents a turnkey, income-producing asset with minimal management requirements and upside potential in a high-demand trade area. Preference is to sell all three suites together.
Property Facts
| Price | $1,112,000 | Status | Active |
| Price / SF | $208.75 / SF | Number of Properties | 3 |
| Cap Rate | 6.54% | Individually For Sale | 0 |
| Sale Type | Investment | Total Building Size | 5,327 SF |
| Price | $1,112,000 |
| Price / SF | $208.75 / SF |
| Cap Rate | 6.54% |
| Sale Type | Investment |
| Status | Active |
| Number of Properties | 3 |
| Individually For Sale | 0 |
| Total Building Size | 5,327 SF |
Properties
| Property Name / Address | Property Type | Size | Year Built | Individual Price |
|---|---|---|---|---|
|
Rio Rancho Executive Plaza
2240 Grande SE, 1st Floor - Unit 106, Rio Rancho, NM 87124 |
Office Condo | 1,831 SF | 2008 | - |
|
Bldg 5
2320 Grande Blvd SE, 1st Floor - Unit B, Rio Rancho, NM 87124 |
Office Condo | 1,795 SF | 2006 | - |
|
Bldg 5
2320 Grande Blvd SE, 1st Floor - Unit D, Rio Rancho, NM 87124 |
Office Condo | 1,701 SF | 2006 | - |
1 1
1 of 13
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
1 of 1
Presented by
Grande Blvd Investment
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.
Your message has been sent!
Activate your LoopNet account now to track properties, get real-time alerts, save time on future inquiries, and more.