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

Large format retail building with an adjacent separately parceled pad site with Cerrillos Road frontage.

Property Size61,162 SF
Days on Market129

Property Features for 2308 Cerrillos Rd

General Information

Standard status Active
Size 61,162 SF
Property subtype RETAIL

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 29 at 2:09PM

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 in Santa Fe, NM, positioned for prominent anchor presence. The offering includes both the building and a separately parceled pad site with Cerrillos Road frontage, and the building and pad site can be sold or leased together or separately.

The site benefits from a signalized intersection with multiple full-movement access points along a high-traffic corridor. Ample parking and pylon signage availability are noted, supporting strong visibility for retail and restaurant tenants in a mature, densely populated trade area.

This configuration provides flexibility for an end user or development tenant seeking a combination of a large format retail structure and an independently parceled pad site option.

Key Highlights

  • Large format retail building with an adjacent separately parceled pad site
  • Pad site has Cerrillos Rd frontage and can be sold or leased separately from the building
  • 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
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
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

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 with an adjacent separately parceled pad site with Cerrillos Road frontage.
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 with an adjacent separately parceled pad site; Pad site has Cerrillos Rd frontage and can be sold or leased separately from the building; 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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