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    OFF-MARKET
    Power centers

    0 Zafarano Dr, Santa Fe, NM 87507

    Property ID
    Property summary
    AI-generated overview

    San Isidro Plaza presents a unique opportunity within Santa Fe's thriving retail market. This high-performing power center boasts over 2.5 million annual visitors and features a diverse range of space options, from approximately 553 square feet to approximately 33,039 square feet, allowing for flexibility in tenant needs. Currently anchored by Lowe's Home Improvement and Sprouts grocery, the center benefits from its prime location along the busy Cerrillos Road retail corridor on Santa Fe's high-growth south side. The property is undergoing a transformative redevelopment, including the addition of new multifamily residential units and the exciting reimagining of a former theater into a vibrant new entertainment district. This strategic location is surrounded by established neighborhoods and new residential developments, ensuring a strong customer base. With over 1.8 million square feet of retail space within a half-mile radius, San Isidro Plaza is ideally positioned to capitalize on the area's robust retail activity. The planned expansion will further enhance the center's appeal and draw even more visitors, creating an exceptional opportunity for businesses seeking a prominent presence in this dynamic market. Multiple suite sizes and configurations are available to accommodate a variety of retail concepts. This is a chance to be part of a revitalized and expanding retail destination in Santa Fe County.

    Property profile
    Verified
    Property type Power centers
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
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    Owner & transaction history
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    Zoning & alternative use
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    Permitted uses
    Allowed · conditional · prohibited
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