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Rio Rancho Executive Plaza | Medical Office Condos
For Sale
2240-2320 Grande Blvd SE - Rio Rancho, NM 87124
Property Highlights
- 100% leased medical office condos (cannabis dispensary and dermatologist office) | May be sold separately
- Excellent access to NM-528 (22,000 VPD) | Less than a quarter-mile from freeway on and off-ramp
- Rio Rancho is the new home to Intel after investing $3.5 billion in its New Mexico operations in 2021 | Project created 700 new high-paying jobs | Intel plans to modernize facilities to accommodate its Foveros Technology
- Strategically situated in Rio Rancho’s medical district | Less than 3-miles from state-of-the-art facilities like Lovelace Westside Hospital, Presbyterian Rust Medical Center, and Clearsky Rehabilitation Hospital
- Opportunistically situated next to Extended Stay America | Hotel offering guests affordable suites fully equipped with amenities such as kitchens and free wifi
- Strong Demographics | Average household income within 3-mile is $75,683 | Population within 3-miles is 79,529
- Population and household growth both 6.59% (3-miles), respectively, for next 5 years
Details
- Price: $1,400,000
- Year Built: 2007
- Property Type: Multi-Tenant
- Property Status: For Sale
Additional Details
- Price/SF: $262.81
- Cap Rate: 5.48%
- Rentable Area: 5,327 SF
- Lot Size: 1.08 AC
- Parking Spaces: 43
- Zoning : C-1
- APN/Parcel ID: 1-013-067-003-006
Address
Open on Google Maps- Address 2240-2320 Grande Blvd SE
- City Rio Rancho
- State/county New Mexico
- Zip/Postal Code 87124
