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Large Format Retail Building and Pad
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2022 Cerrillos Rd, Santa Fe, NM 87505

Large-format retail building plus separately parceled pad site with frontage and full-movement access at a signalized intersection.

Property SizeContact for details
Days on Market189

Property Features for 2022 Cerrillos Rd

General Information

Standard status Active
Property subtype Land
Zoning C2

Additional Details

Road Access Yes

Amenities

pylon signage
Listing Agency: Colliers - NM
Listed By: Robert Feinberg
Source: Carnm.resimplifi
Added: Mar 5 Changed: Sep 8 Last Checked: Sep 9 at 6:36AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Colliers - NM

Investment Insights

Based on property information with market context.

This offering combines a large-format retail building with a separately parceled pad site, each of which can be sold or leased together or independently. The asset benefits from prominent anchor positioning and includes Cerrillos Rd. frontage for the pad site. The intersection offers signalized control with multiple full-movement access points.

The property is positioned along a high-traffic corridor with strong visibility. Ample parking is available, and the site notes excellent pylon signage opportunities.

The immediate trade area is described as mature and densely populated, supported by a retail and restaurant tenancy node featuring robust national and local retailers.

Key Highlights

  • Large‑format retail building plus separately parceled pad site in Santa Fe, NM
  • Pad site has frontage on Cerrillos Rd. and full‑movement access at a signalized intersection
  • Building and pad site can be sold or leased together or separately

Property Analytics

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Current Use

Retail space

Suggested Use

Top Pick Real Estate Agency Law Firm Dental Office Garden Center Daycare Center (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
Paved road access

Location Intelligence

Trade Area within ½ mile

1,363
Businesses Nearby
299k
Monthly Visits Nearby

Foot Traffic Nearby

Dining 45% Shops & Services 14% Groceries 12% Apparel 10%
Chick-fil-A Dining
59,966 visits/mo 0.1 miles
Smith's Groceries
35,385 visits/mo 0.1 miles
Burlington Apparel
26,112 visits/mo 0.1 miles
Dion's Pizza Dining
20,117 visits/mo 0.1 miles
Office Depot Office Supplies
19,827 visits/mo 0.1 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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

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
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Frequently Asked Questions

What type of property is this?
Retail space - Large-format retail building plus separately parceled pad site with frontage and full-movement access at a signalized intersection.
Where is this retail space located?
The property is located at 2022 Cerrillos Rd Santa Fe, NM.
What are key features of this property?
This property features: Large‑format retail building plus separately parceled pad site in Santa Fe, NM; Pad site has frontage on Cerrillos Rd. and full‑movement access at a signalized intersection; Building and pad site can be sold or leased together or separately
More about this property
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