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

Large-format retail building with separately parceled pad site offering Cerrillos Rd frontage.

Lot Size0.41 Acres
Days on Market129

Property Features for 2308 Cerrillos Rd

General Information

Standard status Active
Lot size 0.41 Acres
Property subtype LAND

Additional Details

Road Access Yes
Listing Agency: Colliers | Albuquerque
Listed By: Robert H Feinberg · License #37218
Source: Moodyscre
Added: Mar 24 Changed: Jul 28 Last Checked: Jul 30 at 12:51PM

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 with a separately parceled pad site, both positioned in a prominent anchor location. The property is available to be leased or sold together or separately, providing flexibility for building reuse or pad development.

The pad site has Cerrillos Rd frontage and both sites benefit from access at a signalized intersection with multiple full movement access points. The setting is described as a high-traffic corridor with strong visibility.

Parking is described as ample, and the property offers pylon signage availability. The surrounding area is described as mature and densely populated, supporting retail and restaurant tenancy in the immediate retail node.

Key Highlights

  • Large‑format retail building plus a separately parceled pad site with Cerrillos Rd frontage
  • Prominent anchor‑position site with signalized intersection access and multiple full‑movement drive options
  • 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

Yes
Paved road access
NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

1,304
Businesses Nearby
324k
Monthly Visits Nearby

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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Frequently Asked Questions

What type of property is this?
Retail space - Large-format retail building with separately parceled pad site offering Cerrillos Rd frontage.
Where is this retail space 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 a separately parceled pad site with Cerrillos Rd frontage; Prominent anchor‑position site with signalized intersection access and multiple full‑movement drive options; 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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