2904 Rodeo Park Drive # 100, Santa Fe, NM

$2,300,000

9,785

Square feet

0.18

Acres

About 2904 Rodeo Park Drive # 100

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.

Features of 2904 Rodeo Park Drive # 100

MLS® # 202340557
Price $2,300,000
Bathrooms 0.00
Total Square Footage 9,785
Acres 0.18
Year Built 2001
Type Commercial Sale
Sub-Type Office
Status Active

Community Information

Address 2904 Rodeo Park Drive # 100
Area 4S-SF City Limit SWS
City Santa Fe
County Santa Fe
State NM
Zip Code 87505

Amenities

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

Interior

Interior Concrete, Tile, Wood
Cooling Refrigerated
Fireplace No
Has Basement No

Exterior

Exterior Frame
Roof Pitched
Construction Frame

Additional Information

Date Listed August 15th, 2023
Active Days on Market 343
Zoning BIP
Short Sale No
RE / Bank Owned No

Listing Details

Associate BrokerAlicia Bertram
OfficeSF Brown Real Estate

Listing Map

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