4056 Cerrillos RD, Santa Fe, NM 87507
4056 Cerrillos RD, Santa Fe, NM 87507
4056 Cerrillos RD, Santa Fe, NM 87507
4056 Cerrillos RD, Santa Fe, NM 87507
4056 Cerrillos RD, Santa Fe, NM 87507
4056 Cerrillos RD, Santa Fe, NM 87507
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3.81 Acres Lot


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$ 7,000,000
Est. payment | /mo
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3.81 Acres Lot

Key Details

Property Type Commercial

Sub Type Retail

Listing Status Active

Purchase Type For Sale

MLS Listing ID 202603812

HOA Y/N No

Year Built 1994

Lot Size 3.810 Acres

Acres 3.81

Property Sub-Type Retail

Property Description

Century Plaza is a two building, 43,739 square foot community retail center on the northeast corner of Cerrillos Road and Rodeo Road, the busiest retail intersection in Santa Fe and directly adjacent to Santa Fe Place Mall. Reported traffic counts are 32,818 vehicles per day on Cerrillos and 22,228 on Rodeo, and the center has a curb cut on each street. Built in 1994 in the Santa Fe style on 3.8120 acres. The main building is two stories, with ground floor retail and service shops wrapping a 205 space surface lot and a second floor of office and flex suites served by one passenger elevator and two exterior stairwells. A freestanding 8,454 square foot restaurant and brewery building sits on the southern portion of the site. Flat membrane roof over block and frame construction with stucco finish. Dollar Tree anchors the center on a lease running through February 2052. Other tenants include Hidden Mountain Brewing, T-Mobile, OneMain Financial, Baskin Robbins, Corona Del Rey Barber, Santa Fe Bagels, the New Mexico State Armory Board and Serenity Nails. Ten leases are in place across 35,531 square feet, with 8,911 square feet available in one ground floor inline suite and three second floor suites. Zoned C-2 Community Commercial. The property is a legal non-conforming use as to parking. Property is in foreclosure and receivership. Sale subject to approval by the court and the receiver. Seller has limited knowledge of the recent financial performance of property and its physical condition due to the receivership. Buyer must perform due diligence with limited information provided by seller and receiver and obtain its own information to be satisfied with the property. Seller will be limited in ability to make representations and warranties upon sale. Offering memorandum available to qualified purchasers. Information deemed reliable but not guaranteed, buyer to verify.

Location

State NM

County Santa Fe

Community High Traffic Location

Zoning C-2

Interior

Fireplace No

Exterior

Parking Features Paved, Parking Lot

Community Features High Traffic Location

Utilities Available Electricity Available

Amenities Available Elevator(s)

Water Access Desc Public

Roof Type Flat,Membrane

Present Use Office,Restaurant,Retail

Total Parking Spaces 205

Private Pool No

Building

Sewer Public Sewer

Water Public

Others

Tax ID 940002511

Acceptable Financing Cash, Conventional, New Loan, Other, See Remarks

Listing Terms Cash, Conventional, New Loan, Other, See Remarks

Special Listing Condition Standard

Santa Fe MLS (SFARMLS)
Listed by Tai Bixby • Real Estate Advisors, LLC

Nearby Locations

Jeremiah Collins

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(505) 710-5478

redbooth@gmail.com

150 Washington Ave Suite 201, Santa Fe, NM 87501, USA

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4056 Cerrillos RD