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Grocery-Anchored Shopping Center
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3201 Zafarano Dr, Santa Fe, NM 87507

Community retail center with established grocery, coffee, medical, and service-oriented anchor tenants.

Property Size325,000 SF
Days on Market141

Property Features for 3201 Zafarano Dr

General Information

Standard status Active
Size 325,000 SF
Property subtype Retail

Additional Details

Anchor Co-Tenants Sprouts Farmers Market, Starbucks, Eyemart Express, Aspen Dental

Building Details

Tenancy Multi
Listing Agency: CBRE - Albuquerque
Listed By: Jim Dountas · License #NM 45995
Source: Crexi
Added: Apr 11 Changed: Aug 29 Last Checked: Aug 29 at 3:24PM

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 CBRE - Albuquerque

Investment Insights

Based on property information with market context.

San Isidro Plaza is a shopping center comprising approximately ±325,000 SF of retail and office space. The tenant roster includes Sprouts Farmers Market, Starbucks, Eyemart Express, and Aspen Dental, creating a mix of grocery, food and beverage, optical, and dental services within the center. Approximately ±50,000 SF is expected to be added in the future.

The property is located at 3201 Zafarano Dr in Santa Fe’s south side retail corridor. Surrounding retailers include Lowe’s Home Improvement, Regal Santa Fe Stadium 14 Cinemas, Sam’s Club, Target, Albertsons, Ulta Beauty, TJ Maxx, Staples, Ross, Michaels, Best Buy, Petsmart, Harley Davidson, Sears, Dillard’s, JC Penny, and H&M. Nearby restaurants include Olive Garden, Buffalo Wild Wings, and Panera Bread, while area offices include Allstate Insurance, Aspen Medical & Wellness, All Care Physical Therapy, and Sandia Hearing.

Key Highlights

  • ±325,000 SF of existing retail and office space
  • Sprouts Farmers Market, Starbucks, Eyemart Express, and Aspen Dental anchor the center
  • Approximately ±50,000 SF is expected to be added in the future

Property Analytics

Current Use

Papa Murphy's | Take ... Restaurant ALL STAR FLOORING ... General Contractor Great Clips Hair Salon Notary Public Services Law Firm Mariner Finance Loan Service

Suggested Use

Top Pick Real Estate Agency Law Firm Electrical Service 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

Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

939
Businesses Nearby
652k
Monthly Visits Nearby
Well-served
Demand for This Use

Foot Traffic Nearby

Shops & Services 26% Dining 23% Superstores 16% Apparel 12%
Sam's Club Superstores
102,489 visits/mo 0.3 miles
T.J. Maxx Apparel
47,318 visits/mo 0.2 miles
Lowe's Home Improvements & Furnishings
35,939 visits/mo 0.2 miles
Best Buy Electronics
33,720 visits/mo 0.2 miles
Ross Dress for Less Apparel
31,752 visits/mo 0.2 miles

Demographics for 87507, NM

51,338
Population
21,272
Households
2.4
Avg Household Size
38
Median Age
31%
College-Educated
86%
High-School Grad
96.1 sq mi
ZIP Area
534
Density / Sq Mi
$62,955
Median Household Income
$34,102
Median Earnings
$1,276
Median Rent
$333,300
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?
Shopping center - Community retail center with established grocery, coffee, medical, and service-oriented anchor tenants.
Where is this shopping center located?
The property is located at 3201 Zafarano Dr Santa Fe, NM.
What are key features of this property?
This property features: ±325,000 SF of existing retail and office space; Sprouts Farmers Market, Starbucks, Eyemart Express, and Aspen Dental anchor the center; Approximately ±50,000 SF is expected to be added in the future
(505) 837-4999 Call to check price and availability
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