he Opportunity Zone designation provides preferential tax treatment to investors, allowing unrelated capital gains tax liability to be deferred, reduced or even eliminated by investing in a project located within it. (See attached PDF files and link for additional information on the benefits and details of Opportunity Zones) The K-Mart building is also available for lease at $5.95/sf. A lot split of the St. Michael's Shopping Center, creating two parcels, each of approximately 8.3 acres. has been approved by the City of Santa Fe (but not recorded). the west parcel, containing the Food King, Nusenda Credit Union and approximately a dozen other businesses, is not for sale.
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