8.24 CAP Mixed use Office/Industrial - 100% Leased

Retail-Commercial for Sale
Also listed as Industrial
Catylist Listing ID: 29545084
Property Subtypes: Mixed Use, Street Retail
Building Size (RSF): 14,680 SF
Sale Price: $1,100,000
Unit Price: $74.93 PSF
Property Use Type: Investment, Vacant/Owner-User
Building Name: Scott Executive Retail-Office-Industrial Building
Sale Terms: Cash to Seller, Other
Average Occupancy Rate: 100
Last Updated: 1/19/2018

Overview / Comments

Scott Executive Building where you will find a professional atmosphere that
is complimented by multiple office and warehouse space selections. Located
on one of Rio Rancho's gateway roads, 1515 Golf Course Road offers a
perfect location for business of all types. On site owner insures preventative
maintenance is addressed unlike off site or out of the state building
management companies. Less than one mile from the new Presbyterian Rio
Rancho Medical Center.
? Short term Leases which allow for either owner/user or investment -
or BOTH - Put your Office/warehouse here and collect some rent too!
? Current $10.45 psf average lease rates leaves a lot of upside for a
new owner as rates in area are much higher
? Close to the new and EXPANDING Presbyterian Rust Medical Center
? Only $74.93 PSF

Attachments & Media

Additional Details

Nearest MSA: Albuquerque
County: Sandoval
Submarket/Township: Rio Rancho
Tax ID/APN: R103720
Market Type: Medium
Retail Clientele: General, Family, Business
Property Located Between: Southern & 19th
Side of Street: West
Road Type: Paved
Property Visibility: Excellent
Largest Nearby Street: Golf Course
Tenancy: Multiple Tenants
Total Number of Buildings: 1
Number of Stories: 2
Property Condition: Excellent
Year Built: 2008
Roof Type: Flat
Parking Type: Surface
Heat Source: Central
Air Conditioning: Package Unit
Internet Access: Cable, DSL

Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 10,985 86,701 155,863
Median Age: 36.71 37.57 37.57
Households: 3,902 33,237 59,483
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