Rio Rancho and West Side Commercial-Industrial Real Estate Report


February 15, 2012
Happy First Quarter!   Hewlett Packard is Here and a New VA clinic is under construction near Intel in Rio Rancho!

         

Hewlett Packard opened in 2010 at City Center. Below is an aerial and a ground view of the project under construction next to the new Rio Rancho City Hall. The building  is 218,000 sq. ft. with room for 1,800 seats. Amenities include a spacious ground floor common area, a fitness facility, cafeteria, and 10' ceilings.

U.S. Census: Rio Rancho Grew 69%

The City of Rio Rancho, NM grew 69% from 2000-2010 to a total estimated population of 87,521. Rio Rancho is part of the Albuquerque Metropolitan Statistical Area (Population: 930,048).  Only 30-years-old, Rio Rancho is the third largest city in the State, surpassing Santa Fe.  The City is strategically located in the northwest quadrant of the MSA and comprises over 100 square miles of land. The City is just 30 minutes from the Albuquerque International Sunport and 45 minutes from Santa Fe, the cultural center of the Southwest.
 
The City has a strong existing business climate anchored by Intel Corporation and complemented by the administrative and manufacturing operations of Hewlett Packard, Bank of America, U.S. Cotton, Lectrosonics, Victoria’s Secret, Sprint PCS, Insight Lighting, Stainless Motors, and ClingZ, Inc. The RREDC and the city work together to aggressively attract new business and industry to the community.  * Rio Rancho Economic Development

Volcan Business Park

Have a project needing 124-acres?The RREDC and City of Rio Rancho are scouting the globe for projects in alternative energy; digital media; light and small manufacturing (including biomedical, aviation, biotech, electronic, and nanotechnology);  back-office; and FIRE industry fields to help populate it's new Vocan Business Park.

 

Paseo del Volcan (PDV), a future 6-lane, limited access highway is now complete from Unser Blvd. to U.S. 550. From it's intersection at U.S. 550, PDV is only 5 miles to Interstate 25. The road completion is a critical transportation component and will enhance and expedite the viability of both the Central Business District and the new 124-acre Volcan Business Park.

           New Presbyterian Hopital for Rio Rancho!                                                                                UNM Sandoval Regional Medical Center at City Center!

The Presbyterian Healthcare Services Hospital is now complete and University of New Mexico Health Services Center is under construction with their plans to erect hospitals in Rio Rancho. Although both healthcare providers projected 2011 opening dates at different sites, they projects have been delayed due to the recession and the financial crisis. 

Presbyterian Healthcare Services announced it would construct a $200 million, 120 bed hospital on 66 acres on the northeast corners of Unser and Westside Boulevards. Upon completion of the first phase, the Presbyterian hospital will be 340,000 square feet and a four story medical office building will be 133,000 square feet.

 The Presbyterian hospital is expected to create more than 600 jobs.

The University of New Mexico Sandoval Regional Medical Center (UNM SRMC) also announced in May that it will build a hospital on the Rio Rancho university campus set to open in 2011 or 2012.

The 280,000 square foot UNM medical center  will open with 75 private rooms with the capacity to expand to 150. Full build-out will consist of 300+ beds. The medical center is expected to generate $158 million for the local economy every year through service-related spending.

  OVERVIEW OF AVAILABLE PROPERTIES

Industrial Land: Sites ranging from .5 acres to 40 acres including full utilities. Priced from $4.00 to $7.25 psf.

Commercial Land: Sites ranging from .5 acres to 20 acres from $6.00 to $17.00 psf.
 

Industrial buildings: Buildings from 5,000 to 160,000 sf. For sale or lease including:

5,000 sf Mfg./ R&D                          Sale/Lease                      Rio Rancho

10,636 ± sf Warehouse                        Sale/Lease                    SOLD!

5,000 to 13,000 sf Industrial                 $6.50 Gross                 Excellent Mfg. Bldg.

12,800 sf Office-Hi-Tech                     $7.50                           New - Never Occupied

800-20,000 sf Flex-Tech-Office           $8.50-14.00 sf             Immediate Occupancy - many units

13,090 sf Mfg./Industrial                       $1,100,000                  3.87 acres I–25 corridor  SOLD!

15,000 sf Light Industrial                      $798,000                     50% leased, 528 Frontage

13,000 sf Light Industrial                      $525,000                     SOLD!

14,300 sf Medical                                $1,430,000                  SOLD!

 .5 to 13.4 acres                                    From $7.25 sf              Commercial Office Land

50,000 Sq. Ft.                                    $5,750,000.00                SOLD!
 
 

Call today for your free list of Industrial properties For Sale or Lease
Customized to your specific requirement.

Build to Suit: Buildings designed to your specifications, sale or lease from 5,000 , 20,000 , 50,000or up to 200,000 square feet or more, commercial through industrial uses. We can arrange to have a building custom built for your company in as little as 90 days.  Just CLICK HERE   to E-mail us with your requirements.

Call today to arrange a tour of all the available facilities and sites that fit your requirements. No cost to Tenant or Buyer for Broker Representation!
 
 

COMMERCIAL REAL ESTATE MARKETING

Need a good industrial/commercial real estate agent to sublease, lease, or sell your existing facility or land?  List with Us

Call Greg N. Linde,  your New Mexico Industrial /Commercial
   real estate specialist with over 27 years of  experience.

Call for a free lease or sale value analysis of your property.
or  Contact Us By Clicking Here

Greg N. Linde | Senior Advisor
Sperry Van Ness | Team Southwest
6565 Americas Parkway NE, Suite 200
Albuquerque, NM 87110

 

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