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Harkle Road 546 Harkle Rd 6,928 SF Office Building Santa Fe, NM 87505 $1,200,000 ($173.21/SF) 6.17% Cap Rate
INVESTMENT HIGHLIGHTS
- Solid consistent base rent with room in the building to expand revenue or occupy by user. Close proximity to all Santa Fe Medical.
EXECUTIVE SUMMARY
This impressive 6,928-square-foot office building in the heart of Santa Fe's medical hub presents an exceptional investment opportunity! Currently 75% occupied, this property offers immediate rental income with room to increase occupancy. The building features a recently updated roof and a refreshed parking lot, ensuring low maintenance and added curb appeal. The spacious interior layout is ideal for professional offices, offering flexibility for a variety of tenants. Located in a high-demand medical area with easy access to local amenities, this office space is perfect for investors or owner-occupants seeking a reliable income stream in a prime Santa Fe location. Don’t miss out on this remarkable property!
FINANCIAL SUMMARY (ACTUAL - 2023) Click Here to Access |
ANNUAL | ANNUAL PER SF |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Taxes |
$99,999
|
$9.99
|
| Operating Expenses |
$99,999
|
$9.99
|
| Total Expenses |
$99,999
|
$9.99
|
| Net Operating Income |
$99,999
|
$9.99
|
FINANCIAL SUMMARY (ACTUAL - 2023) Click Here to Access
| Gross Rental Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Taxes | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Operating Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
PROPERTY FACTS
Sale Type
Investment or Owner User
Property Type
Office
Property Subtype
Medical
Building Size
6,928 SF
Building Class
B
Year Built
1985
Price
$1,200,000
Price Per SF
$173.21
Cap Rate
6.17%
NOI
$74,000
Tenancy
Multiple
Building Height
1 Story
Typical Floor Size
6,928 SF
Building FAR
0.29
Lot Size
0.55 AC
Zoning
H-Z - Hospital
Parking
21 Spaces (3.03 Spaces per 1,000 SF Leased)
MAJOR TENANTS Click Here to Access
- TENANT
- INDUSTRY
- SF OCCUPIED
- RENT/SF
- LEASE END
- Ageless Aesthetic
- Health Care and Social Assistance
-
99,999 SF
-
$9.99
-
Jan 0000
| TENANT | INDUSTRY | SF OCCUPIED | RENT/SF | LEASE END | ||
| Ageless Aesthetic | Health Care and Social Assistance | 99,999 SF | $9.99 | Jan 0000 |
PROPERTY TAXES
| Parcel Number | 016004495 | Total Assessment | $1,165,046 (2024) |
| Land Assessment | $208,869 (2024) | Annual Taxes | ($1) ($0.00/SF) |
| Improvements Assessment | $956,177 (2024) | Tax Year | 2023 |
PROPERTY TAXES
Parcel Number
016004495
Land Assessment
$208,869 (2024)
Improvements Assessment
$956,177 (2024)
Total Assessment
$1,165,046 (2024)
Annual Taxes
($1) ($0.00/SF)
Tax Year
2023
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Harkle Road | 546 Harkle Rd
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