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Retail Center with Drive-Through
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111 HWY 528, Rio Rancho, NM 87124

Offers contiguous shell space alongside a fully built-out medical suite and established neighborhood services.

Property SizeContact for details
Days on Market145

Property Features for 111 HWY 528

General Information

Standard status Active
Property subtype Retail

Additional Details

Drive-Thru Yes

Building Details

Tenancy Multi
Listing Agency: Colliers - Albuquerque, New Mexico
Listed By: Terrie Hertweck · License #NM 13730
Source: Crexi
Added: Apr 10 Changed: Aug 31 Last Checked: Aug 30 at 6:08AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Colliers - Albuquerque, New Mexico

Investment Insights

Based on property information with market context.

Rockaway Plaza is a shopping center at 111 HWY 528 in Rio Rancho, New Mexico, with 19,641 square feet of available space. The property includes a freestanding Starbucks drive-thru, neighborhood service tenants, contiguous vanilla shell space ranging from 1,500 to 13,326 square feet, and a 5,000-square-foot medical suite that is fully built out.

Positioned along NM Highway 528, the center provides access from Rio Rancho, Bernalillo, and northern Albuquerque. The combination of existing service-oriented tenancy, drive-thru retail, shell space, and finished medical improvements creates a varied retail-center configuration.

Key Highlights

  • 19,641 square feet of available space
  • Freestanding Starbucks drive‑thru on the property
  • Contiguous vanilla shell space from 1,500 to 13,326 square feet

Property Analytics

Current Use

Shopping centers

Suggested Use

Top Pick Restaurant Real Estate Agency Law Firm Building Supply Big Box & Wholesale Store Hair Salon

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

514
Businesses Nearby
213k
Monthly Visits Nearby
Balanced
Demand for This Use

Foot Traffic Nearby

Superstores 37% Dining 25% Groceries 19% Shops & Services 17%
Target Superstores
77,908 visits/mo 0.2 miles
Albertsons Groceries
40,186 visits/mo 0.1 miles
Dion's Pizza Dining
17,343 visits/mo 0.4 miles
Wendy's Dining
12,091 visits/mo 0.1 miles
Allsups Shops & Services
12,059 visits/mo 0.0 miles

Demographics for 87124, NM

59,781
Population
23,027
Households
2.6
Avg Household Size
40
Median Age
33%
College-Educated
94%
High-School Grad
77.9 sq mi
ZIP Area
767
Density / Sq Mi
$82,278
Median Household Income
$43,353
Median Earnings
$1,380
Median Rent
$262,800
Median Home Value

Market

Vacancy Rate% for Retail in West region

7% 2020
6.3% 2021
5.5% 2022
5.3% 2023
5.5% 2024
5.8% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Shopping center - Offers contiguous shell space alongside a fully built-out medical suite and established neighborhood services.
Where is this shopping center located?
The property is located at 111 HWY 528 Rio Rancho, NM.
What are key features of this property?
This property features: 19,641 square feet of available space; Freestanding Starbucks drive‑thru on the property; Contiguous vanilla shell space from 1,500 to 13,326 square feet
(505) 228-8818 Call to check price and availability
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