Investment Overview

Rockridge Plaza is a heavy value-add, multi-tenant retail center located in the heart of Clovis, New Mexico. The property spans 50,763 square feet across a 3.3-acre parcel and is currently 80% occupied, anchored by a newly signed seven-year lease with Ollie’s Bargain Outlet, a nationally recognized discount retailer occupying 59 percent of the gross leasable area. The remaining tenancy includes one operating local tenant (Java Loft Coffee Shop), while additional square footage is either vacant or occupied by a non-rent-paying tenant (Guadalajara Restaurant), offering significant lease-up potential and net operating income upside. Situated in Curry County, a key regional hub in Eastern New Mexico, the property enjoys a highly visible and accessible location along East 21st Street (Airport Highway), a primary retail and commuter thoroughfare. The site is just two blocks from North Plains Mall, the only enclosed regional mall within a 95-mile radius, and is surrounded by major national retailers, grocers, and service providers that help draw consistent daily traffic.