4056 Cerrillos Rd - Freestanding FOR SALE


Santa Fe, NM 87507- Southwest Santa Fe
$7,000,000 USD
505-577-3524
4056 Cerrillos Rd, Santa Fe, NM for Sale
$7,000,000 USD
Freestanding - FOR SALE
1/4
null | Request Cap Rate

4056 Cerrillos Rd
Santa Fe, NM 87507
Southwest Santa Fe


HIGHLIGHTS

  • Dollar Tree anchor with a lease through February 2052 • ±8,911 SF available for lease-up, providing additional upside • 79.9% occupancy
  • Signalized hard corner at Cerrillos Road and Rodeo Road • Adjacent to Santa Fe Place Mall on Santa Fe’s primary retail corridor
  • More than 55,000 vehicles per day at the intersection • 205 surface parking spaces on ±3.8120 acres • C-2 Community Commercial zoning offering

OVERVIEW

Property is in foreclosure and receivership. Sale is subject to approval by the court and the receiver. Seller has limited knowledge of the recent financial performance of the property and its physical condition due to the receivership. Buyer must perform its own due diligence and obtain its own information regarding the property. Seller will be limited in its ability to make representations and warranties upon sale. Financial information, including income, expenses, and returns, is available to qualified buyers in the offering memorandum upon execution of a confidentiality agreement.

FOR SALE DETAILS

PRICE

$7,000,000 USD

PRICE/SF

$207 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Century Plaza

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1994

SPRINKLERS

-

PARKING SPACES

98

LAND DETAILS

LAND ACRES

3.99 AC

LAND SF

173,804 SF

ZONING

Comm

APN/PARCEL ID

940002511

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505-577-3524

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505-577-3524

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