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Stabilized DG-Anchored Strip | 14 Tenants, 8.75% CAP

Rio Rancho, NM, 87124

$4,947,000

Sale Price

Property 1
For Sale
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Property Details

Sale Price$4,947,000
Year Built1988
Property TypeRetail

Property Description

Introducing 3301 Southern Blvd SE, a prime investment opportunity in Rio Rancho, NM. This attractive property features 14 units ideal for Retail/Street Retail investors. Built in 1988 and stylishly renovated in 2020, it offers modern appeal and enduring value. With an impressive 96.2% occupancy rate, this asset promises stable returns and a strong tenant base. Situated in the vibrant Rio Rancho area, it presents a compelling opportunity for those seeking a thriving commercial real estate investment. This property is perfectly positioned for success and offers a strong foundation for your investment portfolio.

Location

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Luke Henderson

Luke Henderson

Associate

Jordan Collier

Jordan Collier

Managing Director

Brian Sweeting

Brian Sweeting

Director, Capital Markets

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