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7510 Mallard Way
Santa Fe, NM 87507 Southwest Santa Fe

$2,275,000 USD

Light Distribution For Sale  •  10,969 SF

Property Details

  • Property Type Light Distribution
  • Total Building Size 10,969 SF
  • Lot Size 0.69 AC
  • Building Class B
  • Year Built 2008
  • Tenancy Multiple
  • Zoning I-1
0 Transit Score
20 Walk Score

Highlights

Fully executed 5-year Triple Net lease generating $16,000 per month Base Rent with the tenant responsible for all taxes, insurance, maintenance, utili
8.51% cap rate on first-year Net Operating Income of $193,440, with rent escalating annually at the greater of 3% or CPI-U with a guaranteed 3% floor
Purpose-built high-specification flex industrial building, circa 2019, offering 10,969 SF± across four suites on a 0.781-acre fully fenced lot with 23
Heavy industrial infrastructure including 3-phase electrical service at 1,600 amps, city water and sewer, natural gas, HVAC, climate and humidity cont
Four suites each with private office, private restroom, 8'×8' roll-up door, high-ceiling warehouse space, and security shutters — currently interconne
Full-term personal guarantee from the tenant's principal covering all base rent, real property taxes, insurance premiums, and landlord enforcement cos

Property Flyers

Amenities

  • Fenced Lot
  • Signage

Public Transportation

Commuter RailDriveWalkDistance
15 min - 6.7 mi
14 min - 7.4 mi
AirportDriveWalkDistance
Santa Fe Regional 5 min - 2.0 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 23
Type: Surface
Included in Rent: Yes
Tai Bixby 505-577-3524 Tai Bixby
Tai Bixby 505-577-3524 Tai Bixby