Renovated Retail/Office Space
For Lease
$24 SF/Yr
2418 Southern Blvd SE, Rio Rancho, NM 87124
Modern, renovated retail or office space with high-visibility signage.
Space SizeContact for details
Days on Market293
Property Features for 2418 Southern Blvd SE
General Information
Standard status
Active
Total Parking Spaces
50
Property subtype
Retail
Zoning
C1
Lease Type
NNN
Amenities
Power
Water
Sewer
Natural Gas
50 Parking Spaces
Spaces For Lease
at 2418 Southern Blvd SE Contact usAvailable Space $24/Mo
Contact us
Listing Agency:
Berkshire Hathaway NM Commercial Real Estate
Listed By:
Christian File
(505) 235-8518
Source:
Carnm.resimplifi
Added: Nov 24, 2025
Changed: Sep 8
Last Checked: Sep 13 at 4:32AM
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 Berkshire Hathaway NM Commercial Real Estate
Investment Insights
Based on property information with market context.
This completely renovated space, suitable for boutique retail, fitness and wellness centers, medical or professional offices, food and beverage concepts, and service-based businesses, features modern exterior upgrades. A refreshed parking lot is currently underway. The landlord is willing to collaborate with tenants on improvements with TI packages available. The property benefits from high-visibility monument signage along Southern Blvd, which experiences approximately 30,000 vehicles per day. The location offers excellent frontage in a busy corridor near retail, dining, and dense residential areas. The property offers 1496 square feet of space.
Key Highlights
- Prime Location: Excellent frontage in a busy corridor near retail, dining, and dense residential areas.
- Monument Signage: High‑visibility signage along Southern Blvd with ±30,000 VPD.
- Completely Renovated: Modern exterior upgrades and refreshed parking lot underway.
Property Analytics
Unlock full access to Insights
Subscribe to Realmo Intelligence
Open Analytics
Current Use
Lease Details
NNN (Triple Net)
Lease Type
$3.60 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
659
Businesses Nearby
Explore this area
Business Placement
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
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Lease Benchmarks for Rio Rancho, NM
$22.63 /SF/Yr
Avg Asking Price
$16.5–$30 /SF/Yr
Price Range
2,601 SF
Avg Space Size
This space is priced 6% above the average of $22.63 /SF/Yr.
Vacancy Rate% for Office in West region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Retail space - Modern, renovated retail or office space with high-visibility signage.
Where is this retail space located?
The property is located at 2418 Southern Blvd SE Rio Rancho, NM.
What is the lease rate?
The lease rate is $24 SF/Yr.
What are key features of this property?
This property features: Prime Location: Excellent frontage in a busy corridor near retail, dining, and dense residential areas.; Monument Signage: High‑visibility signage along Southern Blvd with ±30,000 VPD.; Completely Renovated: Modern exterior upgrades and refreshed parking lot underway.
