1001-3600 Cerrillos Rd, Santa Fe, NM 87505
Ground-floor end-cap suite with four tenant offices and month-to-month leases, supported by on-site parking.
- Added:
- Sep 29, 2025
- Days on Market:
- 283
- Last Refresh:
- Jul 5 at 9:37 pm
Property Features for 1001-3600 Cerrillos Rd
General Information
- Standard status
- Active
Listing office Shepler Commercial, LLC (505) 660-5650
Listing date Sep 29, 2025
Source Exprealty
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All listing content including descriptions, pricing, images are the copyrighted material of Shepler Commercial, LLC
HighLights
- Ground‑floor end‑cap suite at Cerrillos Lofts with four separate tenant offices.
- Currently occupied by 4 tenants; each tenant has their own office space.
- Leases are month‑to‑month, giving a new owner flexibility to use the space or re‑lease tenants.
- Current NOI is roughly $12,263 plus utilities.
- Market info suggests each office could lease for about $600 per month (minimum).
- 7% cap rate on provided expense figures shows approximately a $261,000 value; includes taxes, insurance, and HOA.
Overview
This unit is an end-cap configuration within the Cerrillos Lofts, and the property provides ample parking throughout. The current leases are described as largely month-to-month, which creates flexibility for a new owner depending on their intended use.
From a tenant or owner-operator standpoint, the existing office setup supports professional use, while the live/work framing can align with occupants who value a combination of work and personal space within the same community. The current reported NOI is roughly $12,263 plus utilities, and the remarks also reference taxes, insurance, and HOA expenses in the range provided. As marketed, the month-to-month nature of the leases may allow a new owner to consider either retaining the tenant mix or transitioning the suite for personal use, subject to the terms of each tenancy.
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Santa Fe
- County
- Santa Fe
- State
- New Mexico
- Longitude
- -105.9571716
- Latitude
- 35.6751055