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4056 Cerrillos Rd
Santa Fe, NM 87507
Century Plaza · Retail Property For Sale
Investment Highlights
- Dollar Tree anchor with a lease through February 2052 • ±8,911 SF available for lease-up, providing additional upside • 79.9% occupancy
- More than 55,000 vehicles per day at the intersection • 205 surface parking spaces on ±3.8120 acres • C-2 Community Commercial zoning offering
- Signalized hard corner at Cerrillos Road and Rodeo Road • Adjacent to Santa Fe Place Mall on Santa Fe’s primary retail corridor
Executive Summary
Property is in foreclosure and receivership. Sale is subject to approval by the court and the receiver. Seller has limited knowledge of the recent financial performance of the property and its physical condition due to the receivership. Buyer must perform its own due diligence and obtain its own information regarding the property. Seller will be limited in its ability to make representations and warranties upon sale. Financial information, including income, expenses, and returns, is available to qualified buyers in the offering memorandum upon execution of a confidentiality agreement.
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Freestanding
Building Size
33,864 SF
Building Class
B
Year Built
1994
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Building FAR
0.19
Lot Size
3.99 AC
Zoning
Comm
Parking
98 Spaces (1.41 Spaces per 1,000 SF Leased)
Frontage
Amenities
- Pylon Sign
- Signage
- Signalized Intersection
Property Taxes
| Parcel Number | 940002511 | Improvements Assessment | $4,666,517 |
| Land Assessment | $1,317,773 | Total Assessment | $5,984,290 |
Property Taxes
Parcel Number
940002511
Land Assessment
$1,317,773
Improvements Assessment
$4,666,517
Total Assessment
$5,984,290
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