3211 COORS BLVD SW # 31 Albuquerque NM 87121-5254

Rio Bravo Square Shopping Center (3211 - 3231 Coors Blvd SE, Albuquerque NM 87121) was built in 1989 in the southwest quadrant of Albuquerque. Positioned at the northwest corner of Coors Blvd. and Rio Bravo Blvd. (±36,800 total VPD), Rio Bravo Square sits on the southern most river crossing in Albuquerque connecting the east and west sides of the city. The property has benefited from significant growth in the surrounding area over the past five years. The center is 88.4% occupied by a very diverse and recession resilient tenant mix. Rio Bravo Square is anchored by value retailer dd’s Discounts, Cano Health, Inc. and Dollar Tree. Additional tenants occupying Rio Bravo Square span from service-oriented retail, restaurants, dental and motor vehicle division.

Investors can capitalize on a stable stream of cash-flow from the strong occupancy, the assumption of existing debt at a below market interest rate as well as benefit from the upside achievable through additional leasing and rent growth.

• 92,682 RSF on 8.92± Acres

• Asking Rate $11,000,000, CAP Rate 7.62%, NOI (Year 1) $837,846

• 19.01% 5 – Year Avg Cash On Cash Return @ 95% Occupancy (Current Occupancy At 88.4%)

• Underserved Retail and Medical Trade Area

• Priced Well Below Replacement Cost At $118.64 PSF

• Stable Income With Diverse National Credit Tenant Mix (Value Retail, Medical, Dental & Government)

• Assumable Below Market Existing Debt

• 4.70 Years WALT

• 46.6% National Credit