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FOR SALE MARKET PLACE @ RIO BRAVO€¦ · PROPERTY HIGHLIGHTS + 1 to 7± Acres Pad Sites + Zoned...

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PROPERTY HIGHLIGHTS + 1 to 7± Acres Pad Sites + Zoned M-2 + Signalized Intersection + Possible curb cuts off of Rio Bravo to specific pads with NMDOT approval + Traffic Count: 24,810 VPD + Excellent opportunity in underserved trade area + Located along major arterial at one of only 6 bridge crossings in Albuquerque CBRE | 6100 Uptown NE | Albuquerque, NM 87110 | t. +1 505 837 4999 | f. +1 505 837 4994 | www.cbre.com/lsg-abq MARKET PLACE @ RIO BRAVO RARE OPPORTUNITY IN UNDERSERVED MARKET SOUTH I-25/VALLEY CORRIDOR IN ALBUQUERQUE, NM FOR SALE 280,009 people living within a 7 mile radius 106,235 households within a 7 mile radius $51,129 average income within a 7 mile radius 23.8% of people living within a 7 mile radius are college educated Source: Neilsen MICHAEL SCHIFFER First Vice President +1 505 837 4913 [email protected] TREVOR HATCHELL First Vice President +1 505 837 4922 [email protected] AMANDA VELARDE Sales Assistant +1 505 837 4920 [email protected] LAND SERVICES GROUP MARKET PLACE @ RIO BRAVO
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Page 1: FOR SALE MARKET PLACE @ RIO BRAVO€¦ · PROPERTY HIGHLIGHTS + 1 to 7± Acres Pad Sites + Zoned M-2 + Signalized Intersection + Possible curb cuts off of Rio Bravo to specific pads

PROPERTY HIGHLIGHTS + 1 to 7± Acres Pad Sites + Zoned M-2 + Signalized Intersection + Possible curb cuts off of Rio Bravo to specific pads with NMDOT approval

+ Traffic Count: 24,810 VPD + Excellent opportunity in underserved trade area

+ Located along major arterial at one of only 6 bridge crossings in Albuquerque

CBRE | 6100 Uptown NE | Albuquerque, NM 87110 | t. +1 505 837 4999 | f. +1 505 837 4994 | www.cbre.com/lsg-abq

MARKET PLACE @ RIO BRAVO RARE OPPORTUNITY IN UNDERSERVED MARKET SOUTH I-25/VALLEY CORRIDOR IN ALBUQUERQUE, NM

FOR SALE

280,009 people living within a 7 mile radius

106,235 households within a 7 mile radius

$51,129 average income within a 7 mile radius

23.8% of people living within a 7 mile radius are college educated

Source: Neilsen

MICHAEL SCHIFFERFirst Vice President

+1 505 837 [email protected]

TREVOR HATCHELLFirst Vice President

+1 505 837 [email protected]

AMANDA VELARDESales Assistant

+1 505 837 [email protected]

LAND SERVICES GROUP

MARKET PLACE @ RIO BRAVO

Page 2: FOR SALE MARKET PLACE @ RIO BRAVO€¦ · PROPERTY HIGHLIGHTS + 1 to 7± Acres Pad Sites + Zoned M-2 + Signalized Intersection + Possible curb cuts off of Rio Bravo to specific pads

www.cbre.com/lsg-abq

FOR SALEMARKET PLACE @ RIO BRAVO

SEC OF RIO BRAVO BLVD AND PRINCE ST ALBUQUERQUE, NM

20,553 Daytime Employees28,805 Residents

in a 3 Mile RadiusSource: Neilsen

3 Mile Radius

6 25

14

12

11

13

14

13

13

10

9

14

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14

6

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111011

1514

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14151414

15 15 14 15

18 17 18

18 17 18

8

Page 3: FOR SALE MARKET PLACE @ RIO BRAVO€¦ · PROPERTY HIGHLIGHTS + 1 to 7± Acres Pad Sites + Zoned M-2 + Signalized Intersection + Possible curb cuts off of Rio Bravo to specific pads

www.cbre.com/lsg-abq

FOR SALEMARKET PLACE @ RIO BRAVO

SEC OF RIO BRAVO BLVD AND PRINCE ST ALBUQUERQUE, NM

N

SITE PLAN

6 25

14

12

11

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9

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14

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PAD 11.85± Ac$13.00/SF PAD 2

1.7± Ac$10.00/SF

PAD 36.97± Ac$8.00/SF

PAD 43.4± Ac$6.00/SF

PAD 51.3± Ac$6.00/SF

Not to scale

Page 4: FOR SALE MARKET PLACE @ RIO BRAVO€¦ · PROPERTY HIGHLIGHTS + 1 to 7± Acres Pad Sites + Zoned M-2 + Signalized Intersection + Possible curb cuts off of Rio Bravo to specific pads

www.cbre.com/lsg-abq

FOR SALEMARKET PLACE @ RIO BRAVO

SEC OF RIO BRAVO BLVD AND PRINCE ST ALBUQUERQUE, NM

3.8 Miles

8.1

Mile

s

11.9

Mile

s

11.0 Miles

2.2 Miles

8.1 Miles

18.1

Miles

10.2

Mile

s

6.8 Miles

SITE

SITE

28,805 Residents in a 3 Mile Radius and

20,553 Daytime Population

Only one major retail center within a 3 mile raidus to

service residents

and daytime population

$44,005 Average Household Incomewithin 3 mile radius

South Valley severly underserved with

only 8.5± SF of retail per person

Source: Neilsen Source: Neilsen

Page 5: FOR SALE MARKET PLACE @ RIO BRAVO€¦ · PROPERTY HIGHLIGHTS + 1 to 7± Acres Pad Sites + Zoned M-2 + Signalized Intersection + Possible curb cuts off of Rio Bravo to specific pads

www.cbre.com/lsg-abq

FOR SALEMARKET PLACE @ RIO BRAVO

SEC OF RIO BRAVO BLVD AND PRINCE ST ALBUQUERQUE, NM

© 2016 CBRE, Inc. This information has been obtained from sources believed reliable. We have not verified it and make no guarantee, warranty or representation about it. Any projections, opinions, assumptions or estimates used are for example only and do not represent the current or future performance of the property. You and your advisors should conduct a careful, independent investigation of the property to determine to your satisfaction the suitability of the property for your needs. All marks displayed on this document are the property of their respective owners. All marks displayed on this document are the property of their respective owners.

Photos herein are the property of their respective owners and use of these images without the express written consent of the owner is prohibited. Updated 08/2016

DEMOGRAPHIC BRIEF

RIO BRAVO BLVD SE AT PRINCE ST SE 1 Mile 3 Miles 5 Miles 7 Miles

2016 Population 2,250 28,805 134,137 280,009

2021 Population 2,305 28,655 135,820 285,006

2010 Population 2,172 29,115 132,071 273,453

2000 Population 1,949 28,016 114,000 228,065

Percent Pop Change: 2010 to 2016 3.6% -1.1% 1.6% 2.4%

Percent Pop Change: 2016 to 2021 2.4% -0.5% 1.3% 1.8%

2016 Median Age 33.0 34.1 33.2 33.5

2016 Average Age 34.3 36.5 35.8 35.9

2016 Households 676 9,850 50,670 106,235

2021 Households 701 9,913 51,557 108,380

2010 Households 632 9,710 49,496 103,445

2000 Households 537 9,058 42,809 86,799

Percent HH Change: 2010 to 2016 7.0% 1.4% 2.4% 2.7%

Percent HH Change: 2016 to 2021 3.7% 0.6% 1.8% 2.0%

Average Household Size 3.2 2.9 2.6 2.6

2016 Median Household Income $28,603 $32,865 $33,764 $36,913

2016 Average Household Income $36,707 $44,005 $47,957 $51,129

2016 Per Capita Income $11,025 $15,048 $18,116 $19,398

2016 Housing Units 709 10,687 54,974 114,890

2016 Occupied Housing Units 676 9,850 50,670 106,235

2016 Vacant Housing Units 33 837 4,304 8,655

2016 Owner-Occupied Housing Units 458 6,571 27,937 60,155

2016 Renter-Occupied Housing Units 218 3,279 22,733 46,080

2016 Population Age 25 and Over 1,379 18,344 85,853 179,879

High School thru Associates 665 48.2% 10,061 54.8% 47,368 55.2% 101,577 56.5%

Bachelor's Degree 116 8.4% 1,529 8.3% 10,640 12.4% 23,802 13.2%

Graduate Degree 69 5.0% 937 5.1% 8,531 9.9% 19,082 10.6%

Total Businesses 107 1,412 9,914 17,865

Daytime Employment (Total Employees) 1,280 20,553 132,562 206,572

©2016 CBRE. This information has been obtained from sources believed reliable. We have not verified it and make no guarantee, warranty or representation about it. Any projections, opinions, assumptionsor estimates used are for example only and do not represent the current or future performance of the property. You and your advisors should conduct a careful, independent investigation of the property todetermine to your satisfaction the suitability of the property for your needs. Source: Nielsen Page 1 ProjectID:113342

POPULAT ION

A G E

HOUSEHOLDS

INCOME

HOUS ING UN ITS

EDUCAT ION

PLACE OF WORK

Source: Neilsen

MICHAEL SCHIFFERFirst Vice President+1 505 837 [email protected]

TREVOR HATCHELLFirst Vice President+1 505 837 [email protected]

AMANDA VELARDESales Assistant+1 505 837 [email protected]

LAND SERVICES GROUP

Between 2000 and 2016, New Mexico’s population grew from 1.8 million to 2.0 million, an increase of 10%. During the same period, the Hispanic population grew from 765,386 to 1,006,157, an increase of 24%.Source-US Census Bureau

The number of Hispanic-owned businesses in the United States is expected to grow 41.8 percent in the next six years to 4.3 million, with total revenues surging 39 percent to more than $539 billion, according to new estimates by HispanTelligence. Source-HispanTelligence; HispanicBusiness.com

New Mexico has the largest percentage of Hispanic residents (46.3%), followed by Texas and California (37.6%).Source- Stephen Ceasar, Los Angeles Times

For the first time in the state’s history, the Hispanic numbers surpassed those of whites, according to Census data. Hispanics now represent 46.3% of New Mexico’s population, or 953,403, a 24.6% increase. Non-Hispanic whites are 40.5% of the population, or 833,810, a growth of 2.5%.Source- Melanie Eversley, USA Today


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