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Retail Shopping Center for Sale
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3301 Southern Boulevard Southeast, Rio Rancho, NM 87124

Shopping center offering a sizable retail footprint in Rio Rancho within the Albuquerque MSA.

Property Size69,696 SF
Days on Market67

Property Features for 3301 Southern Boulevard Southeast

General Information

Standard status Active
Size 69,696 SF
Property subtype VacantLand

Additional Details

Cap Rate 8.75%

Building Details

Building Size 69,696 SF
Tenancy Multi
Listing Agency: RESOLUT RE
Listed By: Remsa Troy · License #354980
Source: Commercialcafe
Added: Jun 22 Changed: Aug 26 Last Checked: Aug 26 at 5:44AM

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

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.

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

Current Use

Shopping centers

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

Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

523
Businesses Nearby
28k
Monthly Visits Nearby
Under-served
Demand for This Use

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.

Similar Off Market Nearby

  • Lujan Plaza Deborah Rd SE, Rio Rancho, NM 87124
  • Plaza Rio Center 1000 Golf Course Rd SE, Rio Rancho, NM 87124
  • Country Club Center 3351 Southern Blvd 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 Boulevard Southeast Rio Rancho, NM.
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
More about this property
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