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1645 Galisteo Street

Santa Fe, NM 87505
  • $2,200,000
  • STATUS: Active
  • ON SITE: 97 Days
  • MLS #: 1045150
UPDATED: 31 min ago
$2,200,000
  • 0
    BEDS
  • 0.5
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Commercial
County:

School Ratings & Info

Description

This is a great investment property for someone looking for a high return on their investment with tremendous appreciation in a fast growing medical practice neighborhood. The building is rented to a national franchise on a triple net lease at current market rents with built in escalation for the next 12 years. The building has been completely renovated to accommodate the needs of the tenant who happens to be one of the most successful optometry - specialty medical practices in town.

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IDX information © 2024 The Southwest Multiple Listing Service, Inc. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by The Southwest Multiple Listing Service or The Team | Realty Executives Advantage. Data last updated: 2024-02-29T15:05:29.303.
www.trtnm.com/homes/145461809
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1645 Galisteo Street Santa Fe, NM 87505

  • Price: $2,200,000
  • Status: Active
  • On Site: 97 Days
  • Updated: 31 min ago
  • MLS #: 1045150
0
Beds
0
Baths
0
½ Baths
0.5
Acres
Neighborhood:
300 - City of Santa Fe
County:
Santa Fe
Area:
300 - City of Santa Fe
Property Description
This is a great investment property for someone looking for a high return on their investment with tremendous appreciation in a fast growing medical practice neighborhood. The building is rented to a national franchise on a triple net lease at current market rents with built in escalation for the next 12 years. The building has been completely renovated to accommodate the needs of the tenant who happens to be one of the most successful optometry - specialty medical practices in town.
Exterior Features

Construction Materials Frame Stucco Parking Total 16 Road Frontage Type City Street Road Surface Type Paved Stories Total 1

Interior Features

Cooling Central Air Refrigerated Cooling YN Yes Heating Combination Natural Gas Heating YN Yes

Property Features

Building Area Total 6431 Gross Income 144000 Land Lease YN No Leasable Area 100 Listing Agreement Exclusive Right To Sell Listing Terms Cash Conventional Operating Expense 10000 Property Sub Type Office Tax Annual Amount 10383.58 Utilities Electricity Connected Sewer Connected Water Connected Zoning Description HP

Southwest MLS] logo Listing courtesy of Keller Williams Realty: (505) 983-5151. © 2024 Southwest Multiple Listing Service, Inc.


IDX information © 2024 The Southwest Multiple Listing Service, Inc. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by The Southwest Multiple Listing Service or The Team | Realty Executives Advantage. Data last updated: 2024-02-29T15:05:29.303.
 
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