4405 Jager Dr NE Rio Rancho, NM 87101

Enchanted Hills Plaza is a 100% leased, Dollar Tree–anchored multi-tenant retail center located in Rio Rancho’s fast-growing Enchanted Hills trade area. The ±29,000 SF property features a strong mix of national and local tenants, NNN lease structure, stable in-place income, and a 7.15% cap rate with $470,021 NOI. Positioned near expanding residential development and major retailers including Walmart, Home Depot, Ross, and Albertsons, the asset benefits from strong consumer draw, convenient access to US Hwy 550 and I-25, and approximately 61,000 residents within five miles. A pending Tesla charging station further enhances the property’s visibility and long-term traffic potential.