Homes for sale - 2904 RODEO PARK DR #100, Santa Fe, NM 87505

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Susan Blackwell

susiehomefinder@gmail.com +1(505) 400-0091

$ 2,300,000

Est. payment | -/mo

7,840 Sqft Lot

Save

$ 2,300,000

Est. payment | -/mo

Save

7,840 Sqft Lot

Key Details

Property Type Commercial

Sub Type Investment

Listing Status Active

Purchase Type For Sale

MLS Listing ID 202340557

HOA Y/N No

Year Built 2001

Lot Size 7,840 Sqft

Acres 0.18

Property Sub-Type Investment

Property Description

Perfect single tenant investment opportunity for the right Buyer! This single level building was built by SF Brown in 2001 and consists of 9,785 square feet and is currently leased to an engineering firm Souder, Miller and Associates through January 31st 0f 2028. This lease has scheduled annual rent increases every October 1st of 1.5% and is currently paying $12,577.29 per month. This is a NNN Lease with the Tenant paying RE taxes, Insurance, Condo Association fees and any other associated special assessments. The current NOI is $153,192.00 with a Cap Rate of 6.66% with 1.5% annual rent increases. The space itself consists of a mixture of single private offices, conference rooms, flex space all surrounding a central outdoor private courtyard which is beautifully landscaped.

Location

State NM

County Santa Fe

Zoning BIP

Interior

Cooling Refrigerated

Flooring Concrete, Tile, Wood

Fireplace No

Exterior

Parking Features Paved, Parking Available, Parking Lot

Utilities Available High Speed Internet Available

Water Access Desc Public

Roof Type Pitched

Present Use Office

Private Pool No

Building

Sewer Public Sewer

Water Public

Others

Tax ID 990002940

Acceptable Financing Cash, 1031 Exchange, New Loan

Listing Terms Cash, 1031 Exchange, New Loan

Listed by Alicia Bertram • SF Brown Real Estate

GET MORE INFORMATION

Susan Blackwell

Broker-Owner | Lic# 19305

susiehomefinder@gmail.com

+1(505) 400-0091

8100 Wyoming Blvd NE Suite M4 PMB 239 Albuquerque NM, 87113

2904 RODEO PARK DR #100 Santa Fe, NM 87505

Susan Blackwell

Key Details

Location

Interior

Exterior

Building

Others

2904 RODEO PARK DR #100