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Location: |
Rio Rancho, New Mexico |
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Rentable Square Feet: |
41,550 sq. ft. (approx.) |
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Total Square Feet: |
42,800 sq. ft. (approx.) |
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Total Land Area: |
95,417 sq. ft. or 2.9 acres (approx.) |
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Land for Expansion: |
None |
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Zoning: |
Commercial, M-1 (City of Rio Rancho) |
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Total Units: |
285 Storage
12 RV Parking Spaces |
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Occupancy: |
89.5% - Economic
87.2% - Unit
88.6% - Sq. Ft. |
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Year of Opening: |
1992 |
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Number of Buildings: |
10 |
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Exterior Construction: |
Block/steel/wood |
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Foundation: |
Concrete slab |
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Roof: |
Steel |
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Fencing: |
9' Block wall - sides and rear
Chain link - front |
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Gate: |
Electronic rolling gate with keypad |
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Doors: |
Steel roll up - Atlas Roll Rite (Phase I)
DBCI (Phase II & III) |
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Paving: |
Asphalt |
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Accounting System: |
SiteLink |
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Surveillance: |
None |
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Traffic Exposure: |
Located in industrial park, 2 blocks east of Highway 528, across from
AMREP headquargers |
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Office: |
Approx. 400 sq. ft. |
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Hours of Operation: |
8:00 am - 2:00 pm
3:00 am - 4:00 pm
Monday thru Saturday |
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Price: |
$1,700,000 |
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Net Operating Income: |
$166,112 |
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Proposed Cap Rate: |
9.8% |
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Comments: |
Great facility located on one of America's fastest growing small
cities. Rio Rancho is home to Intel's largest microchip plant.
Project displays good design and quality construction. A pride-of-ownership
property. Solid track record for growth and occupancy |
All Contents Copyright ©2002
Fred B. Gibson, Realtor®
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