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Modern Flex Space with Roll-Up Doors
New
For Lease
$3,500/Mo

1189 Parkway Drive, Santa Fe, NM 87507

CommercialLease, Santa Fe, NM

Space Size1,677 SF
Lot Size0.04 Acres
Days on Market5

Property Features for 1189 Parkway Drive

General Information

Property type Commercial Lease
Property subtype Other
Property condition Under Construction
Zoning I-1
Parking features Parking Lot
Standard status Active
APN 99312398
Size 1,587 SF
Lot size 0.04 Acres

Utilities

Sewer type Public Sewer
Heating system Forced Air
Cooling system Central Air
Water source Public

Amenities

kitchen-ready hookups
designated shower area
landscaped grounds

Building Details

Year built 2026
Flooring type Concrete
Building materials MetalSiding
Roof type Metal
Listing Agency: Keller Williams Realty
Listed By: Leslie Gallatin-Giorgetti · License #47708
Added: Sep 9 Changed: Sep 13 Last Checked: Sep 13 at 7:06PM
MLS# 202603836

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.

The Studios at Parkway Phase 2 is a flex-space development under construction in Santa Fe, with units A1, A2, and B1 available for lease. The project is planned for 29 units and features two-level layouts, tall ceilings, aluminum-and-glass roll-up doors, storefront glazing, finished concrete floors, LED lighting, steel staircases with wood treads, and smooth drywall finishes. Separately metered utilities, kitchen-ready hookups, and a designated shower area support varied commercial operations.

Located in Santa Fe’s Siler/Rufina Warehouse and Art & Innovation District, the property includes landscaped grounds arranged to accommodate shipping and receiving. I-1 zoning supports office, gallery, artist studio, warehouse, wellness, and light industrial uses, while a Live-Work option is available as an accessory to commercial use. The property includes a metal roof designed for solar readiness, public water and sewer, central air, forced-air heating, and parking-lot access.

Key Highlights

  • Units A1, A2, and B1 available within a 29‑unit flex‑space development
  • I‑1 zoning supports offices, galleries, artist studios, warehouses, wellness, and light industrial uses
  • Tall ceilings, storefront windows, and aluminum‑and‑glass roll‑up garage doors

Property Analytics

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Current Use

Flex space

Suggested Use

Top Pick Real Estate Agency Dental Office Law Firm Skin Care Clinic Food Market (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

Yes
Utilities to site
NNN (Triple Net)
Lease Type
$3.76 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

1,056
Businesses Nearby
Balanced
Demand for This Use

Demographics for 87507, NM

51,338
Population
21,272
Households
2.4
Avg Household Size
38
Median Age
31%
College-Educated
86%
High-School Grad
96.1 sq mi
ZIP Area
534
Density / Sq Mi
$62,955
Median Household Income
$34,102
Median Earnings
$1,276
Median Rent
$333,300
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Office in West region

11% 2019
14.1% 2020
15.5% 2021
17.2% 2022
19.9% 2023
21% 2024
20.8% 2025
Rey
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Similar Off Market Nearby

  • Casa Nova Custom Catering 1314 Rufina Cir a7, Santa Fe, NM 87507
  • Marigold Kitchen 1314 Rufina Cir A 3, Santa Fe, NM 87507

Frequently Asked Questions

What type of property is this?
Flex space - Two-level commercial suites offer adaptable layouts, contemporary finishes, and infrastructure for office, studio, warehouse, and light industrial uses.
Where is this flex space located?
The property is located at 1189 Parkway Drive Santa Fe, NM.
What is the lease rate?
The lease rate is $3,500/Mo.
What are key features of this property?
This property features: Units A1, A2, and B1 available within a 29‑unit flex‑space development; I‑1 zoning supports offices, galleries, artist studios, warehouses, wellness, and light industrial uses; Tall ceilings, storefront windows, and aluminum‑and‑glass roll‑up garage doors
More about this property
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