720 St Michaels Dr Santa Fe, NM 87505
Plaza Del Sol Shopping Center, located at 720 St. Michaels Dr, Santa Fe, NM 87505, offers exceptional retail space in a vibrant mixed-use setting. This single-story center boasts a total of 25,000 square feet, with 6,000 square feet currently vacant. Units range from a minimum of 2,000 square feet to a maximum contiguous space of 2,500 square feet, providing flexibility for various business needs. The property features ample parking with 100 spaces available for customers and employees. The center benefits from three-phase power, ensuring sufficient electrical capacity for most businesses. Its convenient location offers easy access to a variety of amenities, including numerous restaurants and cafes, diverse retail options, fitness centers, healthcare facilities, and public transportation. This high-visibility location ensures significant foot traffic and convenient access for customers. The property presents a unique opportunity for businesses seeking a dynamic and accessible environment in a thriving Santa Fe commercial area. The asking rate is $15 per square foot, plus NNN.
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Isalis (Bike/Boat/Book/etc) Store
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Party City Party Supply Store (Bike/Boat/Book/etc) Store
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Skunk Funk Big Box & Wholesale Store
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Carl's Trading Co Hat Shop
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Bushka's Kitchen LLC (Bike/Boat/Book/etc) Store
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.