SEQ OF HWY 528 AD HWY 550 :: BERALILLO, M REGIOAL SHOPPIG CETER DEVELOPMET I RAPIDLY GROWIG TRADE AREA FOR LEASE OR SALE TO I-25 COTACT US JIM DOUTAS First Vice President +1 505 837 4955 jim.dountas@cbre.com LIA ARMSTROG,CCIM First Vice President +1 505 837 4951 lia.armstrong@cbre.com
REGIOAL SHOPPIG CETER DEVELOPMET I RAPIDLY GROWIG TRADE AREA BERALILLO, M 87004 COCEPTUAL SITE PLA PLAZA ECHATED HILLS ew 225,000± SF Power Center PROPERTY FEATURES +AVAILABLE + FOR LEASE/SALE 10,000-150,000± SF 7-13± Acres +ACHORED + Walmart Supercenter anchored development PAD SITES AVAILABLE 1.10± acres PROPOSED EW RETAIL DEVELOPMET 10,000-150,000± SF POSSIBLE SHOPS +RAPIDLY + EXPADIG TRADE AREA Highest concentration of residential growth in the MSA Several new retailers recently opened in the trade area Regional draw pulling from multiple surrounding communities UM and CM Campuses, UM Hospital and Rio Rancho City Center nearby Future Building Area Possible 40,000± SF +UDERSERVED + SUBMARKET Area retail in high demand with 112,391 population and expected 1.23% growth in 5 years +HIGH + TRAFFIC COUTS 21,000 VPD on HWY 528 40,350 VPD on HWY 550
REGIOAL SHOPPIG CETER DEVELOPMET I RAPIDLY GROWIG TRADE AREA BERALILLO, M 87004
REGIOAL SHOPPIG CETER DEVELOPMET I RAPIDLY GROWIG TRADE AREA BERALILLO, M 87004 Proposed
REGIOAL SHOPPIG CETER DEVELOPMET I RAPIDLY GROWIG TRADE AREA BERALILLO, M 87004 RIO RACHO/BERALILLO KEY FACTS Solid job growth - 1,500 jobs added or announced in the past 15 months ew Rooftops - 28% of new home construction starts for the Albuquerque MSA are in Rio Rancho ew Retail Development The metro s newest and largest retail development was recently completed in Rio Rancho Business Friendly Environment Expected continued development and growth Strong Demographics (Rio Rancho/Bernalillo/Placitas/Algodones) 112,391 Population $74,754 Average Household Income 39,629 Households 27.5% of the population holds college degree Source: Esri Rio Rancho Economic Development
REGIOAL SHOPPIG CETER DEVELOPMET I RAPIDLY GROWIG TRADE AREA BERALILLO, M 87004 TRADE AREA DEMOGRAPHICS TRADE AREA BERALILLO TRADE AREA POPULATIO TRADE AREA BERALILLO TRADE AREA 2017 Population - Current Year Estimate 112,391 2022 Population - Five Year Projection 119,451 2010 Population - Census 103,236 2000 Population - Census 70,860 2010-2017 Annual Population Growth Rate 1.18% 2017-2022 Annual Population Growth Rate 1.23% HOUSEHOLDS 2017 Households - Current Year Estimate 39,629 2022 Households - Five Year Projection 42,028 2010 Households - Census 36,593 2000 Households - Census 24,188 2010-2017 Annual Household Growth Rate 1.11% 2017-2022 Annual Household Growth Rate 1.18% 2017 Average Household Size 2.82 HOUSEHOLD ICOME 2017 Average Household Income $74,754 2022 Average Household Income $83,748 2017 Median Household Income $57,558 2022 Median Household Income $62,181 2017 Per Capita Income $26,573 2022 Per Capita Income $29,682 HOUSIG UITS 2017 Housing Units 42,732 2017 Vacant Housing Units 3,103 7.3% 2017 Occupied Housing Units 39,628 92.7% 2017 Owner Occupied Housing Units 32,071 75.1% 2017 Renter Occupied Housing Units 7,557 17.7% EDUCATIO 2017 Population 25 and Over 75,524 HS and Associates Degrees 48,309 64.0% Bachelor's Degree or Higher 20,664 27.4% PLACE OF WORK 2017 Businesses 1,914 2017 Employees 21,251 2018 CBRE, Inc. All rights reserved. This information has been obtained from sources believed reliable, but has not been verified for accuracy or completeness. You should conduct a careful, independent investigation of the property and verify all information. Any reliance on this information is solely at your own risk. CBRE and the CBRE logo are service marks of CBRE, Inc. All other marks displayed on this document are the property of their respective owners. Updated 01/18 Photos herein are the property of their respective owners and use of these images without the express written consent of the owner is prohibited. Source: Esri CBRE 6100 Uptown Blvd. E Suite 300 Albuquerque, ew Mexico 87110 t. +1 505 837 4999 f. +1 505 837 4994