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2904 RODEO PARK Drive 100

$2,300,000

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2904 RODEO PARK Drive 100

$2,300,000

Contact Presenting Broker

    Ginny Cerrella

    505.660.8064

    Key Features

    • MLS: 202340557
    • Status: Active
    • Price: $2,300,000
    • Area: 4S-SF City Limit SWS
    • Type: Office
    • Acres: 0.18

    About this Property

    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.

    Additional Features

    • Type Office
    • Days On Market 251
    • Parking FeaturesPaved, Parking Available, Parking Lot
    • UtilitiesHigh Speed Internet Available
    • FlooringConcrete, Tile, Wood
    • Construction MaterialsFrame
    • RoofPitched
    • Water SourcePublic
    • SewagePublic Sewer

    Neighborhoods

    Santa Fe City Southwest

    Santa Fe city southwest, the largest area of Santa Fe and still growing…. West SideThis older, family community boasts an eclectic mix of commercial development and mid-priced adobe structures. St. Anne's church and Larragoite elementary school help create a neighborhood atmosphere. Barrio de la CanadaClose to town and just west…

    Schools

    Listing Brokerage

    IDX listing

    Alicia Bertram

    SF Brown Real Estate

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