bedrooms
0
bathrooms
0
square feet
0
Acreage
0.18
Open Houses
-
year built
2001
Full Baths
0
Half Baths
0
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.
Location | |
Subdivision | - |
County | Santa Fe |
Elementary School | - |
Middle School | - |
High School | - |
Open houses
None scheduled.
Find out more
Tell us who you are, and we will have someone reach out to you.
MLS number: 202340557
Listing agent:
Alicia Bertram
#48316
Listing broker:
Sf Brown Real Estate
(505) 473-7740
Copyright © 2024 Santa Fe Association of REALTORS®, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
[source]
Last update: Friday, November 8 2024 at 12:40 p.m. EST
Kotohomes National
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