Active For Sale Industrial

Net Leased Single-Tenant Industrial Investment

7510 Mallard Way, Santa Fe, NM, 87507

ID e139e563

Overview

FOR SALE — SINGLE-TENANT TRIPLE NET INDUSTRIAL INVESTMENT 8.51% Cap Rate | $193,440 First-Year NOI | 10,969 SF± | I-1 ZoningFully occupied, income-producing flex industrial building offered as a Triple Net (NNN) investment. Tenant pays all real property taxes, insurance, maintenance, utilities, and operating expenses directly. Landlord receives $16,000 per month Base Rent free and clear with annual escalations of the greater of 3% or CPI-U — a guaranteed inflation hedge built into the lease.The property is a high-specification flex industrial building built circa 2009 and remodeled circa 2019 on a 0.781-acre fully fenced lot. Four suites (Units A–D), each with private office, private restroom, warehouse space with high ceilings, 8'×8' roll-up door, and security shutters — all currently interconnected and occupied by a single tenant. Heavy infrastructure includes 3-phase electrical service at 1,600 amps, city water and sewer, natural gas, HVAC with climate and humidity control, floor drains, and uni-strut ceilings. 23 paved parking spaces. Lease personally guaranteed for the full initial term. Annual rent escalations. Tenant has Right of First Refusal on sale.

Available Spaces

Suite B

Available SF
2,559 SF
Rate
$16.50 SF/Year
Status
Available

Entire Building

Available SF
10,969 SF
Rate
$16.50 SF/Year
Status
Available

Additional Information

City
Santa Fe
State
NM
Zip Code
87507
Primary Uses
Industrial
Secondary Uses
Manufacturing
Zoning
I1
Zoning Description
Light Industrial District
Building Class
A
# of Buildings
1
Year Built
2,009
Year Renovated
2,019
Roof Type
Flat
Parking Type
Surface
Parking Spaces
23
Rentable SF
10,969 SF
Usable SF
10,969 SF
Tenancy
Single Tenant
Sale Terms
Cash to Seller
Average Occupancy Rate
100%