Property Listing No Longer Available for Sale

2604 Southern Blvd, Rio Rancho, NM

Industrial for Sale - $385,000 - 2,109 Sq. Ft. on 0 acres


Property Info

CIMLS#951229
Location
  2604 Southern Blvd
  Rio Rancho NM 87124
UpdatedOctober 21st, 2017
TypeIndustrial
Price$385,000
Building2,109 Sq. Ft.
Land0 acres

Property Description

Net leased investment. Originally designed for a lube and oil shop, however, due to its standardized shop design, and frontage location, the building could be adapted to a number of light industrial uses. Currently leased to a long term, stable tenant of over 11 years and continuing until 12/31/2018. Renewal options apply.

Adjacent .50/ac. lot to the East is also available under separate sales agreement.

Location Description:

Located on a high traffic corridor, this site is easily visible and accessible from east and west bound traffic.

Highlights:

>> Stable 11-year tenant

>> High Traffic Counts

>> Prefab Steel Building-Flexible Use

>> Neighborhood Commercial-Retail

>> Adjacent parcel available-Expansion Options

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Financials