A one-story modern retail structure on a busy corner in Rio Rancho is being listed for sale for just over $1.5 million.
The building at 1001 Rio Rancho Boulevard is home to a CVS pharmacy and store and was built in 2010.
CVS is the largest pharmacy chain in the country, with around 10,000 operating CVS stores. Most of the company’s locations measure anywhere between 8,000 square feet and 13,000 square feet. This outlet is just over 14,200 square feet.
Listed by the Albuquerque-based Flanagan Investment Real Estate, the structure is categorized as a Class C building and sits on a just-over one-acre site.
The store, at the intersection of Rio Rancho Boulevard and Southern Boulevard SE, is in a part of the city populated with newer suburban retail development and sits across Southern Boulevard from a Walgreens Pharmacy.
Buildings housing CVS, Rite Aid, and Walgreen pharmacies often turn up on any number of real estate listing services. There are currently around 70 CVS properties for sale nationally on the site BizQuest.
By Garry Boulard
