2904 RODEO PARK Drive 100, Santa Fe, NM 87505

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$2,300,000

bedrooms

bathrooms

square feet

Acreage

0.18

Open Houses

year built

2001

Full Baths

Half Baths

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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	-

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Open houses

None scheduled.

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MLS number: 202340557

Listing agent: Alicia Bertram #48316

Listing broker: Sf Brown Real Estate (505) 473-7740

Copyright © 2025 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: Thursday, February 13 2025 at 9:36 p.m. EST

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