4000 Barbara Loop & 1510-1514 Deborah Rd

Rio Rancho, NM 87124 | 0.6 Acres / 6,000 SF | Investment Property For Sale

$770,000.00


8% CAP Rate | Multi-Tenant Retail Center | Located Off Major Thoroughfare

Array

Investment Property For Sale

Price $770,000.00
Size 0.6 Acres / 6,000 SF

Additional Information

DB Corner
4000 Barbara Loop
1510-1514 Deborah Rd.
Rio Rancho, NM

 

Offering Summary

Purchase Price: $770,000
Net Operating Income: $61,573
Cap Rate: 8.00%
Lease Types: NNN

 

DB Corner

  • 100% occupied retail center including a freestanding restaurant
    – ±3,000 SF shop space
    – ±3,000 SF restaurant
  • Significant in-place cash flow
    – High-yielding investment
    – 8.9% Cap Rate based on current, in-place income
    – 8% Cap Rate with a 7% vacancy factor
  • Premier location
    – Located just wast of Hwy 528, the main north/south thoroughfare in Rio Rancho
    – Traffic counts are over 39,000 cars per day
  • Diverse mix of local tenants
  • Low lease rates
    – NNN leases (Landlord gets reimbursed for operating expenses)
  • Dense retail corridor
  • 73,500+ population within a 3-mile radius of the site
  • $86,000+ average household income within a 3-mile radius of the site

Location

Cole Flanagan, CPA, MBA

Partner
505.338.4107

Jake Mechenbier

Senior Advisor
505.338.4186

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