1911 Saint Michaels Dr A-G, Santa Fe, NM 87507
sale
$1,950,000
|
Retail
Courtesy Of Sotheby's Int. RE - Railyard
This value-add investment opportunity features a 10,772 SF neighborhood retail center offering excellent visibility and convenient access along Santa Fe's high-traffic St. Michael's Drive corridor. The center features a diverse mix of established neighborhood tenants, including health and fitness businesses, a ceramics studio, and Subway as its anchor tenant. The property is 100% occupied and comprises seven individual retail suites averaging approximately 1,500 SF each. A notable feature is the property's 40 dedicated parking spaces, providing a favorable parking ratio compared to many neighborhood shopping centers. The property is being offered for sale in its entirety but has been fully condominiumized, providing flexibility for a new owner. An attractive opportunity for investors seeking a stabilized retail center for a long-term investment.
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Property Features
- Age: 31-40 Years Old
- MLSID: 202604773
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