1. New Mexico
  2. Santa Fe
  3. 2904 RODEO PARK Drive 100
$2,300,000

2904 RODEO PARK Drive 100, Santa Fe, NM 87505

  • 9,785 sqft
  • Property Icon Commercial Property
  • Property Year Built Icon Built in 2001
  • Property Lot Size Icon7,841sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $235/sqft
  • Property List Date Icon Listed 1 year ago

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.

Listing Status:
Active
Date Added:
August 15, 2023 at 05:00AM
Listing Office:
SF Brown Real Estate : (505) 473-7740
Listing Agent:
Alicia Bertram : (505) 930-0520
MLS ID:
202340557
  • Flooring: ConcreteTileWood
  • A/C: Refrigerated

This listing courtesy of Alicia Bertram, SF Brown Real Estate

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

C

Chaparral Elementary School

2451 Avenida Chaparral, Santa Fe, NM, 87505

Grades KG-6

0.60 miles away

M

Milagro Middle School

351 W Zia Rd, Santa Fe, NM, 87505

Grades 7-8

0.78 miles away

E

Early College Opportunities

2301 W Zia Rd, Santa Fe, NM, 87505

Grades 9-12

0.78 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.

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