Catylist ID:
#30795344
Four Tenant Retail Investment
Shopping Center
for Sale
Also listed as Retail-Commercial
| Catylist Listing ID: | 30795344 |
| Property Subtypes: | Strip Center, General |
| Building Size (RSF): | 17,082 SF |
| Gross Land Area: | 1.68 Acres |
| Sale Price: | $4,649,385 |
| Unit Price: | $272.18 PSF |
| Property Use Type: | Net Leased Investment (NNN), Investment |
| Building Name: | 7800 Carr Way NE |
| Sale Terms: | Cash to Seller |
| Cap Rate: | 7.0% |
| Last Updated: | 5/18/2022 |
Overview / Comments
|
The subject property is a multi-tenant retail building totaling approximately 17,082 square feet, situated on 1.675 AC. It is 100% leased to four tenants – Big 5 Sporting Goods, Subway, Cowden Family Dental and America’s Mattress. The property is located off of and visible from NM Highway 528, directly south of NM Highway 550. Tenants in the immediate trade area include Walmart Supercenter, Home Depot, BBVA Compass Bank, McDonald' s, Albertson' s, Anytime Fitness, Walgreens, Ross, Bed Bath and Beyond, PetSmart, Mattress Firm, IHOP, Big R and a variety of local vendors. Local attractions, including the Santa Ana Star Casino and Santa Ana Golf Course, are a short distance away. Located in a tremendous growth area, Rio Rancho is positioned in the northwest quadrant of the Albuquerque Metropolitan Area. The city was the fastest growing county in New Mexico in people and percentage growth from 2017-2018 according to US Census statistics. The average household income within one mile of the subject property exceeds $93,000 |
Attachments & Media
Additional Details
| Nearest MSA: | Albuquerque |
| County: | Sandoval |
| Tax ID/APN: | R085601 |
| Zoning: | COMMERCIAL |
| Largest Nearby Street: | Carr Way |
| Number of Stories: | 1 |
| Parking Type: | Surface |
Demographic Statistics
| Proximity: | 1 mile | 3 miles | 5 miles |
|---|---|---|---|
| Total Population: | 4,019 | 16,563 | 39,922 |
| Median Age: | 36.06 | 38.08 | 39.79 |
| Households: | 1,467 | 6,008 | 14,520 |
Contact
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