2904 Rodeo Park Drive # 100, Santa Fe

$2,300,000

0 Beds
0 Baths
9,785 Sqft
.18 Acres
0 Garages

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.

Essential Information
MLS® #202340557
Price$2,300,000
Bathrooms0.00
Square Footage9,785
Acres0.18
Year Built2001
TypeCommercial Sale
Sub-TypeOffice
StatusActive
Community Information
Address2904 Rodeo Park Drive # 100
Area4S-SF City Limit SWS
CitySanta Fe
CountySanta Fe
StateNM
Zip Code87505
Amenities
UtilitiesHigh Speed Internet Available
Parking

Paved, Parking Available, Parking Lot

Interior
InteriorConcrete, Tile, Wood
CoolingRefrigerated
Exterior
ExteriorFrame
RoofPitched
ConstructionFrame
Additional Information
Date ListedAugust 15th, 2023
Days on Market256
ZoningBIP
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