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Shoppes at Rio Rancho 1121 Unser Boulevard, Rio Rancho, New Mexico, 87124

 
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Verified : 2/4/2016 Sold

Shoppes at Rio Rancho 1121 Unser Boulevard, Rio Rancho, New Mexico, 87124

$4,075,000.00   / ForSale

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Property Highlights

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$4,075,000.00
Sale Price:
$4,075,000.00
Price/SF:
Unlisted
CAP Rate (%):
6
NOI:
Unlisted
Net Lease:
Unlisted
Gross Leasable Area (SF):
Unlisted
Total Lot Size (SF):
44,431
Occupancy (%):
Unlisted
Population Range:
Unlisted
Household Income:
Unlisted
Traffic Counts:
Unlisted
County:
Unlisted
Zoning:
Unlisted
Market:
Unlisted
Submarket:
Unlisted
Lot:
Unlisted
Block:
Unlisted
Bldg. Size:
9,135
Net Rental Area:
Unlisted
Number Of Floors:
Unlisted
Number Of Units:
Unlisted
Year Of Build:
Unlisted
Year Of Renovation:
Unlisted
Vacant SF:
Unlisted
Price/SF:
Unlisted
Parcel Number:
Unlisted
Tenancy Type:
Unlisted
Construction Status:
Unlisted
Construction Type:
Unlisted
Sprinkler:
Unlisted
Owner Occupied:
Unlisted
Parking Ratio:
Unlisted
Parking Cost:
Unlisted
Mass Transit:
Unlisted
CAM:
Unlisted
Utilities:
Unlisted
Price Per Acre:
Unlisted
Divisible:
Unlisted
Divisible Min:
Unlisted
Divisible Max:
Unlisted
Property Taxes:
Unlisted

Property Description

100% Occupied; 2011 Construction 100% National & Regional Credit Tenants: Including Cold Stone, Five Guys, Jersey Mike’s, Papa Murphy’s, Supercuts, and Sushi King Ideal Tenant Mix/Recent Leasing Activity: 87% of tenants are restaurants, which benefit from the traffic generated by Premier Cinemas; Jersey Mike’s recently executed a 10-year lease Offered Subject to Assumable Non-Recourse Financing: A prospective investor has an opportunity to assume an existing loan with an interest rate of 5.00%; interest only until October 2017, then 30-year amortization High Traffic, Signalized Intersection: There are 46,000 CPD at the intersection of Southern Boulevard and Unser Boulevard Anchored by Premier Cinemas, one of the largest independently owned movie theater chains in the United States; other notable co-tenants in the center include Burger King, Chili’s, Del Taco, Discount Tire, Menchie’s, Sonic, Starbucks and US Bank Located Across the Street from Walmart Supercenter, which draws traffic from the region

Location Description

1.1 Million People in Albuquerque-Santa Fe MSA: Within a one-mile radius, the average household income is in excess of $76,000; within a 5-mile radius, the population is in excess of 140,000 people Money Magazine Recognized Best Places to Live Nonstop Flights Available to Albuquerque: The property is located only 35 minutes from Albuquerque International Airport, which offers nonstop flights from 22 major cities throughout the United States