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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.

Space Size61,162 SF
Days on Market183

Property Features for 2308 Cerrillos Rd

General Information

Standard status Active
Size 61,162 SF
Property subtype RETAIL

Spaces For Lease

at 2308 Cerrillos Rd Contact us

2308 Cerrillos Rd

Floor
Bldg
Size
61,162 SF
Type
RETAIL
Rate
Contact for pricing
Lease Type
NNN
Availability
AVAILABLE, Now
Sublease
No
- Rare large format retail building and pad site opportunity in Santa Fe, NM - Prominent...
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Listing Agency: Colliers | Albuquerque
Listed By: Robert H Feinberg
Source: Moodyscre
Added: Mar 16 Changed: Sep 6 Last Checked: Sep 13 at 7:27AM

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

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

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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 (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

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
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?
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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