1630 Rio Rancho Blvd SE

Pegasus Group, LLC is pleased to present the opportunity to acquire the fee simple interest (land and building) in a fully leased NNN retail strip center located within the greater Hilltop Plaza Shopping Center in Rio Rancho, New Mexico. The center is anchored by Defined Fitness and Defined’s new pickleball concept, as well as NAPA Auto Parts and Big O Tires. Proximate tenants include Smith’s Grocery (Kroger) and Walmart Neighborhood Market.

Ideally positioned along a major retail corridor, the property benefits from its strategic location within an affluent, rapidly expanding community. The asset features scheduled annual rental increases throughout the base terms and option periods, providing a natural hedge against inflation and ensuring predictable, long-term cash flow. With four leases on varying terms, the center delivers a diversified income stream and minimal landlord responsibilities through NNN lease structures.

Situated on a high-profile 1.03-acre front row pad site along heavily trafficked Rio Rancho Blvd., the property offers ample parking and site flexibility to accommodate a range of tenant operations. The tenant roster includes NextCare (Lovelace Health System), Urban Wellness, Gonzales Jiu-Jitsu, and Boba Catch, a balanced mix of healthcare, wellness, fitness, and specialty food users. This tenant diversity provides a blend of local and corporate credit across recession-resistant sectors, further strengthening investment stability. All leases feature annual increases, ensuring investors’ year-over-year income growth.

The center occupies a prime corner at the signalized intersection of Rio Rancho Blvd. and Sara Rd., which experiences nearly 45,000 vehicles per day. The site anchors a critical retail node adjacent to the 200+ acre Intel (NASDAQ: INTC) campus, a cornerstone employer in the market. Surrounding amenities include schools, parks, and community retail, contributing to steady traffic and strong customer draw.

Within a five-mile radius, the trade area boasts 149,088 residents and 59,903 households with an average household income exceeding $115,000, reflecting the area’s strong spending power and continued growth trajectory. This combination of favorable demographics, stable tenancy, and strategic positioning makes this Rio Rancho asset a compelling, inflation-protected investment opportunity in one of New Mexico’s fastest-growing submarkets.