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Retail Investment Property
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3391 Southern Blvd SE, Rio Rancho, NM 87124

For sale retail property offered at a 6.05% cap rate and 19,953 SF.

Property Size19,953 SF
Days on Market139

Property Features for 3391 Southern Blvd SE

General Information

Standard status Active
Size 19,953 SF
Property subtype Retail

Additional Details

Cap Rate 6.05%
Listing Agency: Resolut RE Albuquerque
Listed By: Austin Tidwell · License #NM #49789 AB
Source: Crexi
Added: Apr 11 Changed: Aug 8 Last Checked: Jul 21 at 3:36PM

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 Resolut RE Albuquerque

Investment Insights

Based on property information with market context.

This for-sale retail investment property is listed with a stated 6.05% CAP and a total size of 19,953 SF. The offering is positioned as retail real estate within the Commercial real estate and Retail space property categories.

The property is located at 3391 Southern Blvd SE in Rio Rancho, NM 87124. No additional unit mix, tenant details, or improvements are provided in the available information.

Interested parties can review the financial and property materials associated with the stated capitalization rate and size during their due diligence process.

Key Highlights

  • Retail property for sale with a 6.05% cap rate
  • 19,953 SF retail building

Property Analytics

Current Use

Retail space

Suggested Use

Top Pick Law Firm Auto Parts Store Nail Salon Food Market HVAC Service Grocery & Convenience Store

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

Location Intelligence

Trade Area within ½ mile

556
Businesses Nearby
30k
Monthly Visits Nearby

Foot Traffic Nearby

Shops & Services 78% Dining 22%
Bank of America Shops & Services
8,892 visits/mo 0.3 miles
Arby's Dining
6,631 visits/mo 0.1 miles
Dollar General Shops & Services
6,147 visits/mo 0.1 miles
AutoZone Shops & Services
3,927 visits/mo 0.4 miles
BMO Harris Bank Shops & Services
2,194 visits/mo 0.4 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?
Retail space - For sale retail property offered at a 6.05% cap rate and 19,953 SF.
Where is this retail space located?
The property is located at 3391 Southern Blvd SE Rio Rancho, NM.
What are key features of this property?
This property features: Retail property for sale with a 6.05% cap rate; 19,953 SF retail building
(505) 337-0777 Call to check price and availability
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