1698 Rio Bravo Blvd Albuquerque, NM 87105

Property Details for 1698 Rio Bravo Blvd

Year built

1988

Lot size

2.71 lot acres

Property size

22,813 SF

Property type

Strip malls

Property subtype

Neighborhood centers

APN

1-012-053-308-416-1-07-20

APU

101205330841610720

Description

This exceptional retail opportunity presents 22,405 square feet of space within the well-established Rio Bravo Shopping Center, located in the South Valley submarket of Bernalillo County. The single-story, 1988-built Class B property features nine suites, with a significant 8,573 square feet currently vacant, offering a minimum divisible space of 1,100 square feet and a maximum contiguous space of 8,573 square feet. The property sits on a 2.7-acre lot and boasts ample parking with a 5:1,000 ratio. Benefitting from high visibility and over 300 feet of frontage along Rio Bravo Boulevard, this key retail intersection sees substantial traffic, with Rio Bravo Boulevard averaging 23,950 vehicles per day and Isleta Boulevard SW averaging 21,290 vehicles per day. The property is zoned SU-SC (Bernalillo County) and is situated near established businesses, including McDonald's and area medical providers such as Presbyterian Health Clinic and Albuquerque Health Partners. The South Valley submarket, specifically the Rio Bravo Boulevard corridor, presents an underserved retail area, with only approximately 9.10 square feet of retail space per capita, compared to approximately 45.10 square feet in the Far Northeast Heights. This presents a unique opportunity for businesses to tap into a growing market. The property's location and high traffic counts make it an ideal location for a variety of retail uses. The APN is 101205330841610720.

Location Insight

City

Albuquerque

County

Bernalillo

State

New Mexico

Longitude

-106.682

Latitude

35.0262

CBSA code

10740

CBSA name

ALBUQUERQUE, NM METROPOLITAN STATISTICAL AREA

Property Tax & Assessments