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2003 Southern Blvd SE 1,332 - 47,220 sq ft of Retail Space Available in Rio Rancho, NM 87124
HIGHLIGHTS
- Anchored by Goodwill and Dollar Tree and surrounding tenants include Walmart, Premier Cinemas, Starbucks, McDonald’s and O’Reilly Auto Parts.
- High traffic corridor with 52,400 VPD at intersection.
- Excellent visibility and access along Southern Blvd’s going home side.
- Large monument signage and large parking field.
SPACE AVAILABILITY (4)
Display Rent as
- SPACE
- SIZE
- TERM
- RATE
- TYPE
| Space | Size | Term | Rate | Type | ||
| 1st Floor, Ste 102 | 2,906 sq ft | 3-10 Years | Upon Application Upon Application Upon Application Upon Application | Triple Net | ||
| 1st Floor, Ste 108 | 1,332 sq ft | 3-7 Years | Upon Application Upon Application Upon Application Upon Application | Triple Net | ||
| 1st Floor, Ste 113 B | 25,482 sq ft | Negotiable | Upon Application Upon Application Upon Application Upon Application | Triple Net | ||
| 1st Floor, Ste 115 | 17,500 sq ft | 5-10 Years | Upon Application Upon Application Upon Application Upon Application | Triple Net |
1st Floor, Ste 102
2,906 square feet available for lease.
- Lease rate does not include utilities, property expenses or building services
- Partially Fit-Out as Standard Retail Unit
1st Floor, Ste 108
- Lease rate does not include utilities, property expenses or building services
1st Floor, Ste 113 B
- Lease rate does not include utilities, property expenses or building services
1st Floor, Ste 115
- Lease rate does not include utilities, property expenses or building services
Rent Types
The rent amount and type that the tenant (lessee) will be responsible to pay to the landlord (lessor) throughout the lease term is negotiated prior to both parties signing a lease agreement. The rent type will vary depending upon the services provided. For example, triple net (NNN) rents are typically lower than full service rents due to additional expenses the tenant is required to pay in addition to the base rent. Contact the listing agent for a full understanding of any associated costs or additional expenses for each rent type.
1. Full Service: A rent that includes normal building standard services as provided by the landlord within a base year rental.
2. Double Net (NN): Tenant pays for only two of the building expenses; the landlord and tenant determine the specific expenses prior to signing the lease agreement.
3. Triple Net (NNN): A lease in which the tenant is responsible for all expenses associated with their proportional share of occupancy of the building.
4. Modified Gross: Modified Gross is a general type of lease rate where typically the tenant will be responsible for their proportional share of one or more of the expenses. The landlord will pay the remaining expenses. See the below list of common Modified Gross rent structures: 4. Plus All Utilities: A type of Modified Gross Lease where the tenant is responsible for their proportional share of utilities in addition to the rent. 4. Plus Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of cleaning in addition to the rent. 4. Plus Electric: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical cost in addition to the rent. 4. Plus Electric & Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical and cleaning cost in addition to the rent. 4. Plus Utilities and Char: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the utilities and cleaning cost in addition to the rent. 4. Industrial Gross: A type of Modified Gross lease where the tenant pays one or more of the expenses in addition to the rent. The landlord and tenant determine these prior to signing the lease agreement.
5. Tenant Electric: The landlord pays for all services and the tenant is responsible for their usage of lights and electrical outlets in the space they occupy.
6. Negotiable or Upon Request: Used when the leasing contact does not provide the rent or service type.
7. TBD: To be determined; used for buildings for which no rent or service type is known, commonly utilized when the buildings are not yet built.
PROPERTY FACTS
| Total Space Available | 47,220 sq ft | Total Land Area | 16.88 ac |
| Property Type | Retail | Year Built | 1986 |
| Net Internal Area (NIA) | 130,714 sq ft | Parking Allocation | 5.22/1,000 sq ft |
| Total Space Available | 47,220 sq ft |
| Property Type | Retail |
| Net Internal Area (NIA) | 130,714 sq ft |
| Total Land Area | 16.88 ac |
| Year Built | 1986 |
| Parking Allocation | 5.22/1,000 sq ft |
FEATURES AND AMENITIES
- Dedicated Turn Lane
- Pylon Sign
- Signage
- Kiosk/Cart Space
NEARBY MAJOR RETAILERS
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2003 Southern Blvd SE
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