906 St. Francis At Us-285/st Francis Drive, Santa Fe, NM

$1,287,000

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11,456

Square feet

0.74

Acres

About 906 St. Francis At Us-285/st Francis Drive

906 South St. Francis Drive is a 18,690 sf lot with an 11,416 sf building located on the southwest corner of Mercer and St. Francis Drive. The property is in good condition. The building is currently fully leased to office and retail tenants. Building has enjoyed high occupancy because of its superior, high-visibility location, excellent parking and competive rents. Most leases are relatively short term including the largest tenant who has slightly less than a year remaining. Full rent roll and apod available with confidentiality non-disclosure agreement. Projected CAP rate for 2022 is anticipated to be 7.2% based on 100% occupancy and estimated NOI of approx $93,000/sf/year. Starbucks, immediately across St. Francis Drive is also for sale by same owner

Features of 906 St. Francis At Us-285/st Francis Drive

MLS® # 202201884
Price $1,287,000
Bathrooms 0.00
Square Footage 11,456
Building Area 11,456
Acres 0.74
Year Built 1989
Type Commercial Sale
Sub-Type Investment
Status Pending

Community Information

Address 906 St. Francis At Us-285/st Francis Drive
Area 4N-SF City Limit SWN
City Santa Fe
County Santa Fe
State NM
Zip Code 87505

Amenities

Utilities High Speed Internet Available
Parking Off Site, Parking Available, Parking Lot, Paved
Is Waterfront No
Has Pool No

Interior

Interior Concrete
Heating Natural Gas
Fireplace No
Has Basement No

Exterior

Exterior Frame
Roof Flat
Construction Frame

Additional Information

Date Listed May 26th, 2022
Active Days on Market 98
Zoning C-1
Short Sale No
RE / Bank Owned No
HOA Fees 0.00

Listing Details

Associate BrokerDouglas Roberts
OfficedRoberts Realty LLC

Listing Map

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