1001 Rio Rancho Blvd SE | Rio Rancho, NM 87124
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- LoopNet Team
1001 Rio Rancho Blvd SE
Rio Rancho, NM 87124
CVS Pharmacy · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- Single-Tenant Net-Lease CVS (Leasehold Interest)
- Long-term underlying ground lease with options extending out to the year 2050
- Investment grade tenant
- About 13 years of firm lease term remaining with CVS
- Low rental rates on CVS and underlying ground lease
- Highest trafficked intersection in Rio Rancho; Hard corner, signalized intersection
PROPERTY FACTS
Property Type
Retail
Property Subtype
Freestanding
Building Size
15,261 SF
Building Class
C
Year Built
2010
Tenancy
Single
Building Height
1 Story
Building FAR
0.31
Lot Size
1.13 AC
AMENITIES
- Pylon Sign
- Signalized Intersection
- Drive Thru
PROPERTY TAXES
| Parcel Number | 1-013-068-469-332 | Improvements Assessment | $929,095 |
| Land Assessment | $200,184 | Total Assessment | $1,129,279 |
PROPERTY TAXES
Parcel Number
1-013-068-469-332
Land Assessment
$200,184
Improvements Assessment
$929,095
Total Assessment
$1,129,279
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