Style: Investment
Year Built: 2001
$2,300,000
2904 RODEO PARK Drive 100, Santa Fe, NM 87505, US
Remarks
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.Details
MLS#: 202340557Price: $2,300,000
Style: Investment
Year Built: 2001
County: Santa Fe
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Information is believed to be accurate but should not be relied upon without verification.
Data Provided by Santa Fe Association of REALTORS®, Inc.
Last updated: 2025-02-13T16:14:34.000-07:00.
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