Active For Sale Investment

NNN Investment on High Traffic Intersection

820 Mercer St, Santa Fe, NM, 87505

ID f6b02357

Overview

AVAILABLE: Building: ±4,479 SF, Land: ±0.35 Ac. | SALE PRICE: $1,100,000 | CAP RATE: 6.98% (Proforma) | ZONING: BCD, Business Capital District | HIGHLIGHTS: Fully leased, Two NNN leases in place, Easy access through St. Francis Dr. & Cerrillos Rd., Versatile property for change of use (Subject to approvals), Adequate parking, Close proximity to downtown and railyard district, Excellent visibility, Located in high traffic intersection

Additional Information

City
Santa Fe
State
NM
Zip Code
87505
Primary Uses
Investment
Zoning
BCDWES
Zoning Description
Business Capital District Westside Subdistrict
Pro Forma NOI
$76,815
Average Occupancy Rate
100%