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Freestanding Retail Building
For Lease
$18 SF/Yr NNN

2505 Cerrillos Road, Santa Fe, NM 87505

CommercialLease, Santa Fe, NM

Space SizeContact for details
Lot Size0.82 Acres
Days on Market367

Property Features for 2505 Cerrillos Road

General Information

Property type Commercial Lease
Property subtype Retail
Zoning C-2
Parking 40
Directions On Cerrillos Road
Standard status Active
APN 19000519
Size 8,096 SF
Lot size 0.82 Acres

Taxes and HOA fees

Tax Description Per title binder
Legal Description Per title binder

Utilities

Heating system Natural Gas
Cooling system Ductless
Water source Public

Amenities

heated and air conditioned space

Building Details

Year built 1990
Listing Agency: Real Estate Advisors, LLC
Listed By: Tai Bixby · License #40315
Added: Aug 26, 2025 Changed: Aug 21 Last Checked: Aug 27 at 9:06PM
MLS# 202503688

Copyright © 2026 Santa Fe Association of REALTORS®, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This freestanding concrete block retail building contains 8,096 square feet and was built in 1990. The property is currently occupied by AutoZone, which is relocating, with availability scheduled for January 2026. Existing features include natural-gas heating, ductless cooling, public water, electric service, sewer, and gas. The offering is structured as a triple-net lease with annual rent escalations and a minimum five-year term.

The property is located at 2505 Cerrillos Road in Santa Fe, within a dense retail corridor near Chick-fil-A, Smiths Grocery, Planet Fitness, Western Union, Chase Bank, Petco, Ace Hardware, and other restaurant and retail businesses. C-2 zoning supports QSR, retail, office, restaurant, drive-through, medical, dental, and additional commercial uses. The site includes 40 paved parking spaces on 0.82 acres.

Key Highlights

  • 8,096‑square‑foot freestanding concrete block retail building
  • C‑2 zoning allows QSR, retail, office, restaurant, drive‑through, medical, and dental uses
  • 40 paved parking spaces on a 0.82‑acre site

Property Analytics

Current Use

AutoZone Auto Parts Auto Parts Store

Suggested Use

Top Pick Real Estate Agency Law Firm Dental Office Daycare Center Veterinary Clinic (Bike/Boat/Book/etc) Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Single-tenant
Tenancy
Yes
Utilities to site
NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

1,307
Businesses Nearby
255k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Dining 42% Shops & Services 15% Groceries 14% Apparel 12%
Chick-fil-A Dining
59,966 visits/mo 0.1 miles
Smith's Groceries
35,385 visits/mo 0.2 miles
Burlington Apparel
26,112 visits/mo 0.2 miles
Dion's Pizza Dining
20,117 visits/mo 0.3 miles
Office Depot Office Supplies
19,827 visits/mo 0.2 miles

Demographics for 87505, NM

32,078
Population
18,733
Households
1.7
Avg Household Size
52
Median Age
54%
College-Educated
94%
High-School Grad
65.1 sq mi
ZIP Area
493
Density / Sq Mi
$75,912
Median Household Income
$41,169
Median Earnings
$1,348
Median Rent
$484,100
Median Home Value

Market

Vacancy Rate% for Retail in West region

7% 2020
6.3% 2021
5.5% 2022
5.3% 2023
5.5% 2024
5.8% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Storefront property - C-2-zoned commercial space with paved parking, public utilities, and heating and cooling in place.
Where is this storefront property located?
The property is located at 2505 Cerrillos Road Santa Fe, NM.
What is the lease rate?
The lease rate is $18 SF/Yr.
What are key features of this property?
This property features: 8,096‑square‑foot freestanding concrete block retail building; C‑2 zoning allows QSR, retail, office, restaurant, drive‑through, medical, and dental uses; 40 paved parking spaces on a 0.82‑acre site
More about this property
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