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Busy Central Rio Rancho Retail/Office for Lease

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Presentation on theme: "Busy Central Rio Rancho Retail/Office for Lease"— Presentation transcript:

1 Busy Central Rio Rancho Retail/Office for Lease
Lease Rate: $12.50 / SF NNN Available Space: +/- 1300SF – +/-1500 SF Building Size: ±14,419 SF Land: ± 1.20 Acres Zoning: C1 – Rio Rancho Features: Available Units: Unit B: +/ SF, $1,354/mo Unit K: +/ SF, $1562/mo -Excellent visibility to Hwy 528 -Easy access -High Parking Ratio (6.11/1000 SF) -Excellent Signage (3 sign locations per unit) -New Stucco -New Parking Lot, 88 units -40,100 VDP (HWY 528) -Destination center for Rio Rancho Busy Central Rio Rancho Retail/Office for Lease Lujan Plaza Deborah Road SE Rio Rancho, NM 87124 Rita Cordova Absolute Investment Realty | 105 Jefferson NE Albuquerque, NM | |

2 Busy Central Rio Rancho Retail/Office for Lease
Lease Overview Property Summary Building Name: Lujan Plaza Property Address: 1520 Deborah Road SE Rio Rancho, NM 87124 Property Size: 1.20 Acres Lease Price: per month ($12.50 SF) Parking: 88 Units Access: Excellent Visiblity: Signage: Highest and Best Use: Retail/Office Absolute Investment Realty has been selected to exclusively represent the owner in the lease of this affordable shopping center centrally located in one of the fastest growing cities in the US, Rio Rancho, NM. It is well maintained with new stucco and pavement, and attention to heating/cooling comfort. Tenants enjoy monument signage on Deborah, as well as building signs facing 528 and in front of their individual suite. This center has served to spur the growth of its tenants with its popular, accessible location and engaging tenant mix. Current tenants include Namaste Cuisine of India and Nepal, GMA Force Taekwondo, Beauty Artistry, Kid’z Place Haircuts, Jerky by Art, Shop Girl Boutique, The House of Tailors, Rio Rancho Shoe & Boot Repair, House of Dry Cleaning, El Agave Mexican Restaurant, Health Spa Massage, Indigo Aesthetics Custom Skin Care, and Aftermarket Auto Parts. The information contained in this marketing package is believed to be reliable. While we do not doubt the accuracy, we have not verified it and make no guarantee, warranty or representation about it. It is your responsibility to independently confirm its accuracy and completeness. Additionally, this package and the information contained herein is intended only for parties with a bonified interest in the lease or purchase of this property and should not be distributed otherwise. Busy Central Rio Rancho Retail/Office for Lease Lujan Plaza Deborah Road SE Rio Rancho, NM 87124 Rita Cordova Absolute Investment Realty | 105 Jefferson NE Albuquerque, NM | |

3 Trade Area Demographics
Trade Area Map Trade Area Demographics Radius 1 Mile 3 Mile 5 Mile Population (2017 Estimate) 19,052 119,785 306,999 Avg HH Income (2017) $54,448 $60,704 $64,492 SITE SITE Busy Central Rio Rancho Retail/Office for Lease Lujan Plaza Deborah Road SE Rio Rancho, NM 87124 Rita Cordova Absolute Investment Realty | 105 Jefferson NE Albuquerque, NM | |

4 Site Close Up & Location Description
North Park Apartments Suite B +/- 1,300 SF SITE Suite K NM HWY 528 – 34,300 VPD +/- 1,500 SF LOCATION DESCRIPTION Lujan Plaza serves as a hub location for small businesses along the busy NM HWY 528 commuter corridor. NM HWY 528 has about 40,100 people trafficking daily, along with various branching streets such as Sara Rd. and 16th Ave. that stretch into dense neighborhood locales. The property enjoys great visibility and easy access to 528 via Barbara loop and an access drive immediately west of the center. It is located in the northwestern region of industrial Rio Rancho, amidst a variety of booming companies and fast food chains. Its popularly accessed location is valued because it is surrounded by businesses that service thousands of people daily, especially the neighboring suburban community. This brings in a large amount of traffic and people that would be ready consumers of any tenants at the Central Rio Rancho Retail/Office property. Busy Central Rio Rancho Retail/Office for Lease Lujan Plaza Deborah Road SE Rio Rancho, NM 87124 Rita Cordova Absolute Investment Realty | 105 Jefferson NE Albuquerque, NM | |

5 Busy Central Rio Rancho Retail/Office for Lease
Suite B Signage above Suite Visibility from parking lot Wide Open Space Perfect for Retail /Office /School Availability for Several Uses (+/ SF) Busy Central Rio Rancho Retail/Office for Lease Lujan Plaza Deborah Road SE Rio Rancho, NM 87124 Rita Cordova Absolute Investment Realty | 105 Jefferson NE Albuquerque, NM | |

6 Busy Central Rio Rancho Retail/Office for Lease
Suite K Open Office Space (+/ SF Several Uses Daycare, Insurance Office, Mortgage Office Small Kitchenette With sink, cabinets and counters Busy Central Rio Rancho Retail/Office for Lease Lujan Plaza Deborah Road SE Rio Rancho, NM 87124 Rita Cordova Absolute Investment Realty | 105 Jefferson NE Albuquerque, NM | |

7 Busy Central Rio Rancho Retail/Office for Lease
Property Photos Great Signage Excellent visibility from the road Ample Parking Parking satisfies consumer demands Availability for Variety of Vendors Multiple retail/office sectors Busy Central Rio Rancho Retail/Office for Lease Lujan Plaza Deborah Road SE Rio Rancho, NM 87124 Rita Cordova Absolute Investment Realty | 105 Jefferson NE Albuquerque, NM | |

8 Busy Central Rio Rancho Retail/Office for Lease
Demographics Consumer Spending Totals – 1 Mile Businesses – 1 Mile Daytime Employees – 1 Mile Rita Cordova Busy Central Rio Rancho Retail/Office for Lease Lujan Plaza Deborah Road SE Rio Rancho, NM 87124 Absolute Investment Realty | 105 Jefferson NE Albuquerque, NM | |

9 Busy Central Rio Rancho Retail/Office for Lease
Albuquerque, NM MSA Albuquerque is located in the Rio Grande Valley, and is shadowed by the majestic Sandia Mountains. With a population of approximately 900,000 people, the metro area has a projected growth rate of 7.2% over the next 2.5 years. Rio Rancho, a suburb of Albuquerque with a population of 89,900, has experienced explosive growth of over 65% from 2000–2010, is the fastest growing city in New Mexico, and one of the fastest growing cities in the United States. Albuquerque is home to the University of New Mexico (UNM) and the University of New Mexico Hospital (UNMH) which together employ 20,210 people. Kirtland Air Force Base and Sandia National employ a high-tech, educated work force of about 23,000 people. Lying at the center of the New Mexico Technology Corridor, Albuquerque is ranked as one of Forbes Best Cities for Business, for its concentration of high-tech private companies and government institutions along the Rio Grande river valley. Some key technology based employers include Sandia National Laboratories, Intel, Raytheon, Northrup Grumman, and Titan Aerospace (recently purchased by Google). Albuquerque is a regional center for transportation, health care, government agencies, nuclear research, and tourism. Albuquerque is host to the world famous Albuquerque International Balloon Fiesta which draws over 1,000,000 visitors per year. Less than one hour away is the Historical City of Santa Fe, which has year round outdoor activities and routinely receives awards for quality of life and low cost of living. SITE Rita Cordova Busy Central Rio Rancho Retail/Office for Lease Lujan Plaza Deborah Road SE Rio Rancho, NM 87124 Absolute Investment Realty | 105 Jefferson NE Albuquerque, NM | |


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