Photo #1
Photo #2
Photo #3
Photo #4
Photo #5
Photo #6
Photo #7
Photo #8
Photo #9
Photo #10
Photo #11
Photo #12
Photo #13
Photo #14
Photo #15
Photo #16
Photo #17
Photo #18
Photo #19
Photo #20
Photo #21
Photo #22
Photo #23
Photo #24
Photo #25
Photo #26
Photo #27
Photo #28
Photo #29
Photo #30
Photo #31
Photo #32
1 of 32

2904 RODEO PARK Drive 100

$2,300,000

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…

Key Features

MLS: 202340557

List Date: 08-15-2023

Status: Active

Area: Southwest City, South

Type: Investment

Acres: 0.18

Presented By

Cindy Sheff

Cindy Sheff

505.470.6114

Cindy Sheff

Cindy Sheff

505.470.6114

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

Construction Materials:Frame

Days on Market:596

Flooring:Concrete, Tile, Wood

Parking Features:Paved, Parking Available, Parking Lot

Property Type:Commercial Building

Property Sub Type:Investment

Roof:Pitched

Sewage:Public Sewer

Utilities:High Speed Internet Available

Water Source:Public

Zoning:BIP

About the Neighborhood

Southwest Santa Fe Homes & Land for Sale

Southwest Santa Fe is a shoppers paradise with Target, the Santa Fe Place Mall, Total Wine, several groceries and specialty food shops, Hobby Lobby, Sam’s Club, Super Walmart, Cost Plus World market, PetSmart, Lowes and more. An eclectic mix of chain restaurants and wonderful local favorites abound, such as Puerto Peñasco, the Santa Fe Capitol Grill, El Comal and Horseman’s Haven.

Schools

Listing Brokerage

IDX listing

Alicia Bertram

SF Brown Real Estate

Request Information





    Quick Search