3777 Cerrillos Road
Santa Fe, New Mexico | 100% Leased Retail Investment | Signalized Corner | 5.75% - Year 1 Return
Marketing description
Exceptional opportunity to own a multi-tenant building in the Santa Fe market. The property consists of 5,473± square feet on ±0.77 acres at one of Santa Fe’s top intersections. Three separate national, credit tenants occupy the three suites. Located at the NEC of Cerrillos Road and Vegas Verdes Dr. (51,096 VPD on Cerrillos), the tenants have been successfully operating at this location. Surrounded by new and existing residential developments, a regional mall of 569,500± SF, Target, Sam’s Club, Home Depot, Walmart, Lowe’s, Regal Theaters, Sprouts, Albertson’s and countless others, this site serves the immediate Santa Fe consumer as well as the consumer living outside of the market but, working in Santa Fe.
Investment highlights
Major Santa Fe trade area
High barrier to entry Santa Fe market
Hard Corner of Cerrillos Rd & Vegas Verdes Dr
Freestanding Retail Building
Asset size - NNN Leases - Low management
Surrounded by established neighborhoods as well as new development and growth
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