3777 Cerrillos Rd - Freestanding FOR SALE


Santa Fe, NM 87507- Southwest Santa Fe
$3,017,687 USD
505-837-4955
3777 Cerrillos Rd, Santa Fe, NM for Sale
$3,017,687 USD
Freestanding - FOR SALE
1/3
null | 5.75% Cap Rate

3777 Cerrillos Rd
Santa Fe, NM 87507
Southwest Santa Fe


HIGHLIGHTS

  • Hard Corner of Cerrillos Rd & Vegas Verdes Dr
  • Freestanding Retail Building
  • Major Santa Fe trade area
  • High barrier to entry Santa Fe market
  • Surrounded by established neighborhoods as well as new development and growth

OVERVIEW

Exceptional opportunity to own a multi-tenant building in the Santa Fe market. The property consists of 5,473± square feet on ±0.77 acres at one of Santa Fe’s top intersections. Three separate national, credit tenants occupy the three suites. Located at the NEC of Cerrillos Road and Vegas Verdes Dr. (51,096 VPD on Cerrillos), the tenants have been successfully operating at this location. Surrounded by new and existing residential developments, a regional mall of 569,500± SF, Target, Sam’s Club, Home Depot, Walmart, Lowe’s, Regal Theaters, Sprouts, Albertson’s and countless others, this site serves the immediate Santa Fe consumer as well as the consumer living outside of the market but, working in Santa Fe.

FOR SALE DETAILS

PRICE

$3,017,687 USD

PRICE/SF

$551 USD /SF

CAP RATE

5.75%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2002

SPRINKLERS

-

PARKING SPACES

47

LAND DETAILS

LAND ACRES

0.78 AC

LAND SF

33,820 SF

ZONING

C-2

APN/PARCEL ID

018601517

ASK ABOUT THIS PROPERTY

James DountasCBRE, Inc.More Info
505-837-4955

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James DountasCBRE, Inc.More Info
505-837-4955

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