3006 Cerrillos Rd, Santa Fe, NM 87507
The property is leased on an absolute triple-net basis with multiple renewal options.
Property Features for 3006 Cerrillos Rd
General Information
Building Details
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Investment Insights
Based on property information with market context.
The property is subject to a 20-year absolute NNN lease, with over 18 years left in the current term. Contractual rent increases by 2% annually beginning in year 7 and continuing through the base term, followed by four 5-year renewal options. The lease structure provides a defined term and renewal framework for the property.
Key Highlights
- Take 5 car wash at 3006 Cerrillos Road in Santa Fe, New Mexico
- Approximately 4,376 rentable square feet on an estimated 1.13‑acre parcel
- Subject to a 20‑year absolute NNN lease
Property Analytics
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Lease Details
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Trade Area within ½ mile
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Demographics for 87507, NM
Market
Vacancy Rate% for Retail in West region