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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 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
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
14
15
14
6
7
7
6
7
8
7
7
15
16
15
15
9
9
10
5
22
6
6
13
14
9
10
9
111011
1514
16
16
16
16
5
5
5
12
3
9
8
7
8
11
11
14
16
13
14
13
14
13
5
11
11
10
5
5
5
5
11
11
11
11
21
15
23
2
1
18
18
8
14
14151414
15 15 14 15
18 17 18
18 17 18
8
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
13
14
13
13
10
9
14
14
15
14
6
7
7
6
7
87
7
15
16
15
15
9
9
10
5
22
6
6
13
14
9
10
9
111011
1514
16
16
16
16
5
5
5
12
3
9
8
7
8
11
11
14
16
13
14
13
14
13
5
11
11
10
5
5
5
5
11
11
11
11
21
15
23
2
1
18
18
8
14
14151414
15 15 14 15
18 17 18
18 17 18
8
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
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
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