Retail Shopping Center for
For Sale
Contact for pricing
3301 SOUTHERN BLVD SE, Rio Rancho, NM 87124
Shopping center offering a sizable retail footprint in Rio Rancho within the Albuquerque MSA.
Property Size39,685 SF
Price / SF$124.66
Days on Market52
Property Features for 3301 SOUTHERN BLVD SE
General Information
Standard status
Active
Size
39,685 SF
Total Parking Spaces
267
Property subtype
Retail
Occupancy
96%
Lease Type
NNN
Net Operating Income
$432,867
Additional Details
Cap Rate
8.75%
Building Details
Year Built
1988
Year Renovated
2020
Stories
1
Units
48
Tenancy
Multi
Listing Agency:
Meybohm Commercial
(706) 863-8182
Listed By:
Jordan Collier · License #GA 354980
Source:
Crexi
Added: Jun 19
Changed: Aug 8
Last Checked: Aug 8 at 9:59AM
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 Meybohm Commercial
Investment Insights
Based on property information with market context.
Located at 3301 Southern Blvd SE in Rio Rancho, this retail shopping center is offered for sale. The property provides a 39,685-square-foot retail footprint and sits within the Albuquerque MSA, approximately twelve miles north of Albuquerque.
Rio Rancho is described as the most populous city in Sandoval County and the third-largest city in New Mexico. The surrounding economic base spans advanced manufacturing, healthcare, defense, education, and retail, with the area supported by an employer base that collectively supports over 78,000 employed residents within a 15-minute drive of Country Club Center, as stated in the remarks.
For retail operators and investors evaluating this market, the asset is positioned to participate in the trade area’s longer-term demand themes highlighted in the provided information. The remarks point to a near-term catalyst from Castelion’s Project Ranger, a $220 million, 21-building campus expected to break ground in 2025, along with Intel’s ongoing $4 billion facility expansion and the broader economic footprint of Kirtland AFB. Prospective buyers should review the specific tenant and lease details during their due diligence.
Rio Rancho is described as the most populous city in Sandoval County and the third-largest city in New Mexico. The surrounding economic base spans advanced manufacturing, healthcare, defense, education, and retail, with the area supported by an employer base that collectively supports over 78,000 employed residents within a 15-minute drive of Country Club Center, as stated in the remarks.
For retail operators and investors evaluating this market, the asset is positioned to participate in the trade area’s longer-term demand themes highlighted in the provided information. The remarks point to a near-term catalyst from Castelion’s Project Ranger, a $220 million, 21-building campus expected to break ground in 2025, along with Intel’s ongoing $4 billion facility expansion and the broader economic footprint of Kirtland AFB. Prospective buyers should review the specific tenant and lease details during their due diligence.
Key Highlights
- Shopping center with retail footprint in Rio Rancho within the Albuquerque MSA
- Year built: 1988
- Rio Rancho is about 12 miles north of Albuquerque in the broader Albuquerque MSA
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
523
Businesses Nearby
28k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 76%
Dining 24%
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
0.0 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
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Similar Off Market Nearby
- Lujan Plaza — Deborah Rd SE, Rio Rancho, NM 87124
- Country Club Center — 3351 Southern Blvd SE, Rio Rancho, NM 87124
- Plaza Rio Center — 1000 Golf Course Rd SE, Rio Rancho, NM 87124
Frequently Asked Questions
What type of property is this?
Shopping center - Shopping center offering a sizable retail footprint in Rio Rancho within the Albuquerque MSA.
Where is this shopping center located?
The property is located at 3301 SOUTHERN BLVD SE Rio Rancho, NM.
What is the asking price?
The asking price for this property is $4,947,000.
What are key features of this property?
This property features: Shopping center with retail footprint in Rio Rancho within the Albuquerque MSA; Year built: 1988; Rio Rancho is about 12 miles north of Albuquerque in the broader Albuquerque MSA
