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Fully Leased NNN Property
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3301 Southern Boulevard Southeast, Rio Rancho, NM 87124

The property is fully occupied under a triple-net lease structure.

Property Size63,748 SF
Price / SF$86.28
Days on Market9

Property Features for 3301 Southern Boulevard Southeast

General Information

Standard status Active
Size 63,748 SF
Property subtype Retail, Mixed Use
Occupancy 100%
Lease Type NNN
Investment Type Net Lease
Net Operating Income $507,984

Building Details

Year Built 1988
Stories 1
Tenancy Multi
Listing Agency: DAUM Commercial Real Estate Services Phoenix
Listed By: Dan Casey · License #AZ SA641240000
Source: Crexi
Added: Jul 28 Changed: Aug 4 Last Checked: Aug 4 at 5:40AM

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 DAUM Commercial Real Estate Services Phoenix

Investment Insights

Based on property information with market context.

This 63,748-square-foot property was built in 1988 and is currently 100% leased under an NNN structure. The asset is located at 3301 Southern Boulevard Southeast in Rio Rancho, New Mexico 87124.

Key Highlights

  • 100% leased under an NNN structure
  • 63,748 square feet of property size
  • Built in 1988

Property Analytics

Current Use

Retail space

Suggested Use

Top Pick Law Firm Auto Parts Store HVAC Service Nail Salon Daycare Center Food Market

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

100%
Occupancy

Location Intelligence

Trade Area within ½ mile

523
Businesses Nearby
28k
Monthly Visits Nearby

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

7% 2020
6.3% 2021
5.5% 2022
5.3% 2023
5.5% 2024
5.8% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
NNN property - The property is fully occupied under a triple-net lease structure.
Where is this nnn property located?
The property is located at 3301 Southern Boulevard Southeast Rio Rancho, NM.
What is the asking price?
The asking price for this property is $5,500,000.
What are key features of this property?
This property features: 100% leased under an NNN structure; 63,748 square feet of property size; Built in 1988
(602) 957-7300 Call to check price and availability
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