Listing Agency: CBRE - Albuquerque j***@cbre.com Show Phone

Listed By: Jim Dountas · License #NM 45995

Source: Crexi

Added: Apr 10 Changed: Aug 8 Last Checked: Jul 22 at 6:01AM

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Investment Insights

Based on property information with market context.

This for-sale retail property totals 43,297 SF and is marketed with a 6.25% cap rate. The offering is presented as a retail asset for buyers seeking an income-oriented structure.

The property is located at 3294 Cerrillos Rd in Santa Fe, New Mexico.

Key Highlights

• For‑sale retail property totaling 43,297 SF
• Stated 6.25% cap rate

Property Analytics

Property Profile

Current Use

Savers Community Donation ... Charitable Organization Savers Discount Store

Suggested Use

Top Pick Law Firm Real Estate Agency Barber Shop (Bike/Boat/Book/etc) Store Nursing Home Tech Support Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

336

Businesses Nearby

161k

Monthly Visits Nearby

Explore this area Business Placement

Foot Traffic Nearby

Shops & Services 41% Dining 38% Apparel 21%

Kohl's Apparel

34,075 visits/mo 0.4 miles

Murphy USA Shops & Services

30,339 visits/mo 0.3 miles

Starbucks Dining

23,628 visits/mo 0.4 miles

Dollar Tree Shops & Services

18,543 visits/mo 0.3 miles

Rudy's Country Store & Bar-B-Q Dining

15,061 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

Questions? Ask Rey

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What type of property is this? Where is this retail space located? What is the asking price? Find similar properties ... What are key features of this property?

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Frequently Asked Questions

What type of property is this?

Retail space - For-sale retail property totaling 43,297 SF with a 6.25% cap rate.

Where is this retail space located?

The property is located at 3294 Cerrillos Rd Santa Fe, NM.

What are key features of this property?

This property features: For‑sale retail property totaling 43,297 SF; Stated 6.25% cap rate