Active
2904 RODEO PARK Drive 100
Santa Fe NM, 87505
$2,300,000
$235.05 per sqft
Active
9,785 sqft
Commercial
Built in 2001
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.
202340557
MLSⓇ ID
August 15, 2023
Listed
October 14, 2024
Updated
Map
2904 RODEO PARK Drive 100
Santa Fe NM, 87505
Interior Features
Floor Description
Concrete, Tile, Wood
Fireplace
No
Cooling
Yes
Cooling Description
Refrigerated
Heating
No
Exterior/Building Features
Lot Size
0.18 Acres
Roof
Pitched
Sewer
Public Sewer
Other Property Details
Days on Market
412
Garage
No
Parking
Paved, Parking Available, Parking Lot
View
No
County
Santa Fe
Water Source
Public
Pool
No
Zoning
BIP
Listing History
Date | Event | Price |
|---|---|---|
10/2/2024 | Active | — |
9/30/2024 | Pending | — |
Listed by Alicia Bertram with SF Brown Real Estate
Listing Contact: (505) 930-0520
The IDX display contains information sourced from the Santa Fe Association of REALTORS® as of 10/14/2024. This data is intended solely for personal, non-commercial use and is not to be utilized for any other purposes except to identify potential properties for purchase. Although the MLS data displayed is typically considered reliable, it is not guaranteed to be accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and are advised to conduct their own investigations or seek professional assistance. Other sources besides the Listing Agent may have contributed to the MLS data presented. Unless expressly specified in writing, the Broker/Agent has not confirmed any information obtained from external sources. The Broker/Agent may or may not have acted as the Listing and/or Selling Agent and cannot guarantee the accuracy of property locations displayed on any map. Any compensation offers are solely made to participants of the MLS where the listing is registered.
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Data last updated on 10/14/2024 at 11:36 PM UTC