For Sale
$3,275,000

6415 Airport RdLa Cienega, NM 87507

Santa Fe Retail Center - 100% Leased

Overview

Added:
Dec 11, 2024
Days on market:
116
Esplanade Village, a thriving 8,250 square foot shopping center in Santa Fe, New Mexico, presents a compelling investment opportunity. Located at 6415 Airport Rd, 87507, this property boasts four retail units currently operating at 100% occupancy, generating a strong return on investment. The asking price is $3,275,000, translating to $396.97 per square foot. This established retail center benefits from its prime location and consistent tenant occupancy. The property's success is further enhanced by the availability of an adjacent 0.529-acre parcel for $695,000. This parcel has already received approvals for a 6,300 square foot development, offering significant potential for expansion and increased revenue streams. This presents a unique opportunity to acquire a fully leased, income-producing asset with substantial growth potential in a desirable New Mexico market. The property's strong performance and the potential for expansion make it an attractive investment for those seeking a stable and growing retail portfolio. Detailed financial information and lease agreements are available upon request.

Highlights

  • Esplanade Village, an 8,250 square foot shopping center in Santa Fe, NM, offers a strong ROI.
  • Located at 6415 Airport Rd, 87507, the property is 100% occupied with four retail units.
  • Asking price: $3,275,000 ($399/SF).
  • Adjacent 0.529-acre parcel available for $695,000, approved for a 6,300 SF development.

Property Details for 6415 Airport Rd

Property type
Lifestyle centers, Power centers
Square Feet
8,250 SF
Units
4

Location Insight

City
La Cienega
County
State
New Mexico
Latitude
35.635925811808
Longitude
-106.04282508997
6415 Airport Rd, La Cienega, New Mexico

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6415 Airport Rd
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