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.
Features
: Refrigerated
: Parking Lot, Paved, Parkingavailable
$0
: Pitched
: Public Sewer
Address Map
NM
Santa Fe
Santa Fe
87505
2904 RODEO PARK Drive 100
0
W106° 2' 26.5''
N35° 38' 16.2''
Additional Information
SF Brown Real Estate
Alicia Bertram
Rodeo park
$0
9,785 Sqft
: Publicrestrooms, Kitchenfacilities, Pavedyard
: Commercial, Professional/office
6.66
: Frame
71
71
4s-sf City Limit Sws
St Francis to Sawmill. Right on Sawmill. Follow Sawmill across Rodeo in to the Rodeo Road Business Park. first building on the right.
$0
: Tile, Wood, Concrete
Cash,1031 Exchange,NewLoan
$0
990002940
$0
: Highspeedinternetavailable
BIP
3
%

Commercial Sale

2904 RODEO PARK Drive 100, Santa Fe, New Mexico 87505

7,702 Sqft
Visits : 755 in 262 days
$2,300,000
Listing ID #202340557
Basic Details
Property Type : Commercial Sale
Listing Type : For Sale
Listing ID : 202340557
Price : $2,300,000
Year Built : 2001
Acres : 0.18 Acre
Lot Area : 7,702 Sqft
Status : Active
Property Sub Type : Office
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