0 Zafarano Dr, Santa Fe, NM 87507
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.