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.