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Large Format Retail Building
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2308 Cerrillos Rd, Santa Fe, NM 87505

Large format retail building plus separately parceled pad site with Cerrillos Rd. frontage and signalized, full-movement access.

Days on Market148

Property Features for 2308 Cerrillos Rd

General Information

Standard status Active
Property subtype Retail
Listing Agency: Colliers - Albuquerque, New Mexico
Listed By: Bob Feinberg · License #NM 9916
Source: Crexi
Added: Mar 5 Changed: Jul 22 Last Checked: Jul 30 at 12:54PM

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 - Albuquerque, New Mexico

Investment Insights

Based on property information with market context.

Rare large format retail building and pad site opportunity on a prominent anchor position off Cerrillos Rd. in Santa Fe, NM. The building and the separately parceled pad site can be sold or leased together or separately.

The property features a signalized intersection with multiple full movement access points, supporting convenient ingress and egress. The pad site includes Cerrillos Rd. frontage, and the site is described as offering excellent visibility along a high-traffic corridor.

Ample parking is available, with pylon signage available. The surrounding area is described as mature and densely populated, within a robust retail and restaurant tenancy node.

Key Highlights

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

Property Analytics

Current Use

Smith's Grocery & Convenience Store Cardtronics ATM Atm Smith's Pharmacy Pharmacy Anne Klosterman, RPH Pharmacy Phillip E. Andrews, ... Pharmacy

Suggested Use

Top Pick Real Estate Agency Law Firm Dental Office Garden Center Daycare Center Storage Facility

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

NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

1,304
Businesses Nearby
324k
Monthly Visits Nearby
Well-served
Demand for This Use

Foot Traffic Nearby

Dining 40% Groceries 20% Shops & Services 13% Apparel 9%
Chick-fil-A Dining
59,966 visits/mo 0.1 miles
Smith's Groceries
35,385 visits/mo 0.1 miles
Food King Groceries
29,719 visits/mo 0.5 miles
Burlington Apparel
26,112 visits/mo 0.1 miles
Dion's Pizza Dining
20,117 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
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Similar Off Market Nearby

  • College Plaza South — 2422 Cerrillos Rd, Santa Fe, NM 87505
  • College Plaza Shopping Center — 2010 Cerrillos Rd, Santa Fe, NM 87505
  • Coin Cloud Bitcoin ATM — 3000 Cerrillos Rd, Santa Fe, NM 87507
  • Coin Cloud Bitcoin ATM — 2631 Cerrillos Rd, Santa Fe, NM 87505
  • St Michaels Village West — 1624 St Michaels Dr, Santa Fe, NM 87505

Frequently Asked Questions

What type of property is this?
Shopping center - Large format retail building plus separately parceled pad site with Cerrillos Rd. frontage and signalized, full-movement access.
Where is this shopping center located?
The property is located at 2308 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 Cerrillos Rd. frontage and signalized, full‑movement access at a multi‑access intersection; Building and pad site can be sold or leased together or separately
(505) 238-7707 Call to check price and availability
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