3301 Southern Blvd SE - Freestanding FOR SALE


Rio Rancho, NM 87124
$6,842,000 USD
602-291-9400
3301 Southern Blvd SE, Rio Rancho, NM for Sale
$6,842,000 USD
Freestanding - FOR SALE
1/14
null | 7.46% Cap Rate

3301 Southern Blvd SE
Rio Rancho, NM 87124


OVERVIEW

This ±64,904 SF freestanding retail anchor in the Rio Rancho Neighborhood Center is now available fully leased to Elevate Trampoline Park and E3 Volleyball offering a 7.46% cap rate. Elevate is an indoor jump center where guests can somersault and catapult across a slew of trampoline-lined arenas. E3 Volleyball is a 30,000 SF professional volleyball facility sporting cross-over training and 3 indoor sand and 4 regular hard courts. Rio Rancho is the 3rd largest city in New Mexico, the fastest growing community in the state, and one of the fastest growing in the southwest. Rio Rancho has been recognized as one of “America’s 50 Best Cities to Live” citing exceptional public schools.

FOR SALE DETAILS

PRICE

$6,842,000 USD

PRICE/SF

$105 USD /SF

CAP RATE

7.46%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Elevate

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1990

SPRINKLERS

-

PARKING SPACES

28

LAND DETAILS

LAND ACRES

5.46 AC

LAND SF

237,838 SF

ZONING

SU

APN/PARCEL ID

1-013-068-082-371

ASK ABOUT THIS PROPERTY

Eric JonesCommercial Properties, Inc.More Info
602-291-9400

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Eric JonesCommercial Properties, Inc.More Info
602-291-9400

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.