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2904 Rodeo Park Drive # 100 Santa Fe, NM $ 2,300,000
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2904 Rodeo Park Drive # 100
$ 2,300,000
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2904 Rodeo Park Drive # 100

Santa Fe, NM, 87505
$ 2,300,000
Baths0.0 Sq 9,785

Monthly Estimate*

$ 15,287

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Studio

Commercial Property for sale in Santa Fe, NM

for $2,300,000. This 9,785 square foot building was built in 2001 on a lot size of 0.18.

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.

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Commercial Active

Price

$ 2,300,000

Bedrooms

Studio

Property Type

Commercial

Taxes

$ 0

Style

Office

Lot Size

0.18

Year Built

2001

Town/City

Santa Fe

County/Region

Santa Fe

MLS | Web ID

202340557
Features
General
Sewer PublicSewer
Cooling Refrigerated
Utilities HighSpeedInternetAvailable
Possession CloseOfEscrow
Roof Pitched
Zoning BIP
Construction Materials Frame
Year Built 2001
Unit Number 100
Property SubType Office
Current Use Office
Business Type Commercial ProfessionalOffice
County Santa Fe
Net Operating Income 150927.0
Property Type CommercialSale
Possible Use Commercial Office Residential
Garage Y/N No
Building Features KitchenFacilities PublicRestrooms PavedYard
Status Active
Directions St Francis to Sawmill. Right on Sawmill. Follow Sawmill across Rodeo in to the Rodeo Road Business Park. first building on the right.
City Santa Fe
Lot Size Square Feet 7702.0
Street Name RODEO PARK
Listing Terms Cash Item1031Exchange NewLoan
Year Built Details 2001
Land Lease Y/N No
MLS Area Minor 4S-SF City Limit SWS
Lease Considered Y/N No
Days on Market 71
Building Area Units SquareFeet
Lease Type NNN
Standard Status Active
Year Built Source Builder
Property Sub Type Additional Office
Cap Rate 6.66
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Interior
Flooring Concrete Tile Wood
Basement (Y/N) No
Air Conditioning Y/N Yes
Fireplace Y/N No
Street Suffix Drive
Total Baths 0
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Exterior
Parking Features Paved ParkingAvailable ParkingLot
Water Source Public
Lot Size Area 0.18
Building Area Total 9785.0
Lot Size Acres 0.18
Lot Size Units Acres
Lot Size Source PublicRecords
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Internal Only
Street Number 1 2904
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* Excluded Features
List By
Alicia Bertram

Listing Agent

Sf Brown Real Estate

Broker

bertram664@gmail.com

Email

Affordability Calculator

$15,287
Per Month
100%
0%
0%
Monthly Principal & Interest
$15,287
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Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
831258 Elementary School
830993 Middle School
Unknown High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
8/15/2023$2,300,000 Listed Price

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2904 Rodeo Park Drive # 100, Santa Fe, NM, 87505 is a Commercial Property for sale at $2,300,000 with 9,785 sqft and a lot size of 0.18. 2904 Rodeo Park Drive # 100 is a studio with 0.0 baths and was built in 2001. The property's zip code is 87505 which is in Santa Fe, NM

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