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Investment For Sale
Fully-Stabilized Retail Investment
7800 Carr Way NE, Rio Rancho, NM 87144
Details
- Category Investment
- Type For Sale
- Sale Price $4,600,000.00
- CAP Rate 7.35%
- NOI $338,190 (Includes 5% Vacancy)
- Available Space ±17,280 SF
- Lot Size ±1.68 Acres
- Zoning SU, City of Rio Rancho
Description
- 100%-leased Enchanted Hills Plaza
- North Rio Rancho shopping center
- Two new leases extends average term length to 3.5 years
- Strong retail corridor between Rio Rancho and Bernalillo
- Easy access via Hwy. 550 and Hwy. 528
- Abundant parking: 5.3:1,000 ratio
- $124,437 average household income within a 1-mile radius
- Over 26,000 cars per day
Documents
Listing Advisors
Office, Industrial
Todd Strickland
- Direct505.998.5735
- Office505.878.0001
- Mobile505.450.1121
- Emailtodd@sunvista.com
Office
Rob Bridges, CCIM
- Direct505.878.0005
- Office505.878.0001
- Mobile505.977.5094
- Emailrob@sunvista.com
