2418 Southern Blvd SE Listing Details & Market Data

This value-add retail strip in the heart of the ever expanding city of Rio Rancho presents a unique opportunity. You can owner occupy the vacancy and run your business while having your mortgage eliminated by the rental income. You can also fill up the vacancy and potentially develop the back portion of the land and create a stabilized investment. The cherry on top is the owner will consider owner financing for the right terms. 

Suite Breakdown:

Suite A 1,407 SF MDK Barber Shop 8/1/22-7/31/24 $1,250/MO plus NNN

Suite B 1,350 SF Davidos Pizza 6/1/23-5/31/24,6/1/24-5/31/25 $1,394.60 NNN

Suite C 1,427 Vacant (AVAILABLE FOR LEASE)

Suite D&E 3,421 SF Karate Studio month to month $2,550/MO (AVAILABLE FOR LEASE)

Property Highlights:

Unit Mix: The property features a total of five individual suites, each offering unique opportunities for income generation and diversification.

Development Potential: The substantial lot size allows for potential expansion or redevelopment at the rear of the property, catering to various possibilities, including storage facilities or additional retail spaces.

Monument Signage: Capitalizing on the high visibility of Southern Blvd, the property is equipped with prominent monument signage, attracting attention from the approximately 30,000 vehicles per day (VPD) that pass by.

Location: Nestled in a high-traffic area with excellent frontage along Southern Blvd, this property benefits from its proximity to a diverse range of retail, dining, and residential areas, making it a coveted destination for businesses and consumers alike.