2884 Trades West Rd - Warehouse FOR SALE


Santa Fe, NM 87507- Southwest Santa Fe
$1,800,000 USD
505-577-3524
2884 Trades West Rd, Santa Fe, NM for Sale
$1,800,000 USD
Warehouse - FOR SALE
1/1
null | Request Cap Rate

2884 Trades West Rd
Santa Fe, NM 87507
Southwest Santa Fe


HIGHLIGHTS

  • Fully leased industrial center with nine established tenants
  • Current rents significantly below market, offering strong upside
  • Flexible month-to-month lease structure ideal for repositioning
  • Prime Santa Fe location with easy access to major business corridors

OVERVIEW

This is a rare chance to acquire a fully occupied industrial business center in the heart of Santa Fe’s Trades West corridor. The property spans approximately 15,876 square feet and is currently 100% leased to nine tenants, including long-standing local businesses. With rents averaging $8 per square foot—well below the current market range of $14 to $16 per square foot—this asset offers immediate upside for investors seeking value-add opportunities. The center’s flexible layout and smaller suite sizes make it highly desirable for local entrepreneurs and service providers. Its largest tenant, Iglesia Ciudad, occupies nearly 5,000 square feet, while smaller suites cater to niche businesses such as Santa Fe Barber Company and DNA Merchandising. All leases are month-to-month, providing a unique advantage for repositioning or owner-user conversion. Strategically located near major thoroughfares and within minutes of Santa Fe’s vibrant commercial districts, this property combines stability with growth potential. Investors can capitalize on strong regional demand for industrial space, adjust rents to market levels, or repurpose the building for their own operations. With two scheduled showings and a bid process opening mid-December, this is an opportunity that won’t last long.

FOR SALE DETAILS

PRICE

$1,800,000 USD

PRICE/SF

$120 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Industrial

PROPERTY SUBTYPE

Warehouse

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1970

UTILITIES

-

CLEAR CEILING HT

-

DOCKS

-

DRIVE INS

14

PARKING SPACES

20

LAND DETAILS

LAND ACRES

0.84

LAND SF

36,434

ZONING

I-2

APN/PARCEL ID

016006740

ASK ABOUT THIS PROPERTY

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505-577-3524

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Tai BixbyTai BixbyMore Info
505-577-3524

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.