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2500 Mariposa Parkway NE, Rio Rancho, NM 87144

$1,600,000
Property Type: Commercial Sale Square Footage: 16,304 Lot Size (sq. ft.): 39,200 Status: Closed
Current Price: $1,600,000 List Date: 4/17/2023 Last Modified: 7/03/2023

Description

Mariposa East Commons is a 16,308 SF LEED Certified mixed-use building. The only commercial property located in the affluent and rapidly growing 6,500-acre MSA of Rio Rancho, the building features floor-to-ceiling glass windows that offer sweeping views of the Sandia Mountains and flood the building with natural light. The building's layout and design support indoor/outdoor workspaces and maximize price per square while mitigating vacancy. Comparable buildings in the Albuquerque market command lease prices of $50-60 per square feet. Finally, the building can accommodate restaurants and retail and its immediate proximity to the Community Center and Park is the ideal complement to homes starting at $500,000.00.

Supplements: 16,308 SF LEED Certified mixed-use building Deep discount to replacement value Target rents: $26 - $39 SF State-of-the-art architecture and engineering LEED Certified by Green Floor-to-ceiling architectural glass windows Indoor/outdoor workspaces Ample parking Retail and restaurant spaces Newly renovated exterior staircase Proximity to the community center, cark, Town of Bernalillo, I-25, Albuquerque, and Albuquerque International Airport Sole commercial building located in the 2,500-home Mariposa master-planned community Neighboring communities include Mountain Hawk, Northern Meadows, North Hills, and Enchanted Hills Employers include Hewlett Packard, University of New Mexico, Sandoval Regional Medical Center, Rio Rancho Event Center

More Information MLS# 1032776

Status Change Info

Pending Date: 2023-05-24 Closing Date: 2023-07-03

Contract Information

Listing Price: 1600000 Current Price: $1,600,000 List Price/SqFt: 98.14 Status: Closed

Location

Street #: 2500 Street Name: Mariposa St Suffix: Parkway Post Direction: NE County: Sandoval City/Town Code: Rio Rancho State/Province: NM Zip Code: 87144 Directions: Follow I-25 S to US-550 N in Bernalillo. Take exit 242 from I-25 S Merge onto US-550 N Turn left onto NW Loop Rd NW Loop Rd turns left and becomes Unser Blvd NE Turn right onto Mariposa Pkwy Destination will be on the right Geo Lat: 35.363246 Geo Lon: -106.686651 Area: 160 - Rio Rancho North Zone Atlas: 152

General Property Description

Property Sub-Type: Multi-Use Apx Structured SqFt: 16304 SqFt Source: Floorplan Acres: 0.89 Lot SqFt: 39200 Apx Lot Dim Front: N/A Apx Lot Dim Side: N/A Lot Size Source: On-Line Flood Zone: X Total # Stories: 2 # Parking Spaces: 34 Docks: No Door Height: N/A Disability Access: Unknown HVAC: Yes Transaction Type: Sale

Tax & Legal Info

UPC Code: Not Available Short Legal Desc: LEGAL: SUBD: MARIPOSA EAST TRACT: 1A-16A2 GRT Code: 29-524 Current Taxes: 36563 Tax Exemption: Unknown

Income & Expenses

Lease Term/Months: 1 to 5 years

Miscellaneous

Land Ownership: Land Owned

Sales Info

Trade/Xch Considered: No

Property Features

Location: Business Center; Business Center Construction: Green (G); See Plans Exterior Material: Stucco-Synthetic Road Surface Type: Paved Utilities: Community Water; Electricity Available; Sewer Available Heating: 2+ Units; Zoned Cooling: Multi Units; Refrigerated Tenant Pays: None Features: Public Resrooms Lease Information: Call List Office Parking: Onsite Docs/Data Available: None Finance Considered: Cash; Conventional; Lease; Lease Option; Owner Financing Zoning: C-2
Listing Office: 45 Realty
Last Updated: July - 03 - 2023

The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed.

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