Plaza Rio Retail Center

Retail-Commercial for Lease
Catylist Listing ID: 30470966
Property Subtypes: Mixed Use, Restaurant, Street Retail, Other
Contiguous Space: 1,500 - 3,500 SF
Total Available: 8,866 SF
Gross Building Area: 17,120 SF
Gross Land Area: 2.50 Acres
Lease Rate: $12 - 25 PSF (Annual)
Base Monthly Rent: $4,083 - 6,279
Lease Types: Ground Lease, NNN
In Opportunity Zone? Yes
Building Name: Plaza Rio Retail Center
Last Updated: 8/23/2019

Overview / Comments

The Plaza Rio Retail Center is a Smith's Price Rite grocery anchored center located at a vital intersection in the South Valley. This center features Dollar Tree and Domino's as existing co-tenants and is looking for a replacement for Cricket Wireless as well as room to add another inline shop space and a retail pad out front. The pad can accommodate a 3,000 SF user and drive-thru is an option. Ownership is open to build-to-suit for $25 PSF in vanilla shell condition or ground lease for $70,000 annually. Come join this national lineup of tenants in the charming South Valley.

The property is located north of the intersection of Goff and Arenal in the South Valley. With the majority of frontage on Goff, the Plaza Rio Retail Center sits among few commercial offerings in this underserved market. Plaza Rio is surrounded by rooftops, schools, community centers and agricultural farms that all draw from this grocery anchored center.

Expand All 3 Spaces Available

Suite: Building Addition 3,500 SF $14 PSF (Annual) NNN
Suite: Retail Pad Site 3,014 SF $25 PSF (Annual) NNN,Ground Lease
Suite: B 2,352 SF $12 PSF (Annual) NNN

Additional Details

Nearest MSA: Albuquerque
County: Bernalillo
Submarket/Township: South Valley
Tax ID/APN: 101205539840310906
Property Visibility: Good
Traffic/Vehicle Count: 22,300
Tenancy: Multiple Tenants
Property Condition: Average
Total Parking Spaces: 56
Parking Ratio: 3.3 (per 1000 SF)
Parking Type: Surface

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 11,017 100,208 235,578
Median Age: 35.03 32.29 32.57
Households: 3,842 36,043 88,082

Contact

Photograph of Listing Agent

Austin Tidwell

Retail Solutions CARNM CIE Member
Photograph of Listing Agent

Daniel Kearney

Retail Solutions CARNM CIE Member
Photograph of Listing Agent

Robert Powell, CCIM

Retail Solutions CARNM CIE Member
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