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    400 Kiva Court

    Santa Fe, NM 87505
    • $3,150,000
    • STATUS: Active
    • ON SITE: 178 days
    • MLS #: 202000993
    UPDATED: 117 min ago
    $3,150,000
    • 0
      BEDS
    • 1.59
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 10,800
      SQFT
    • $292
      $/SQFT
    Neighborhood:
    Type:
    Commercial
    Built:
    2012
    County:

    School Ratings & Info

    Description

    Very attractive, fully leased, 10,800 +/- sq/ft commercial office complex in an excellent central location (near Christus St V Hospital). Current NOI indicates a 6.56% Cap Rate based on asking price. Lease Rates: Unit 1, approx 6800 SF - $25.29/sq ft, Unit 2, approx 1966 SF - $22.97/sq ft, Unit 3, approx 1850 SF - $16.54/sq ft. Property highlights - Newer building completed in December 2012, solar pv system conveys with building, leases in place, 41 parking spaces, flexible configuration, excellent location with mountain views.

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    © 2020 Santa Fe Association of REALTORS®, Inc. MLS. All rights reserved. The data relating to real estate for sale in this web site comes in part from the Internet Data Exchange ("IDX") program of SFAR MLS, Inc. Real estate listings held by brokers other than The Very Best Santa Fe Team - Keller Williams are marked with the IDX Logo. All data in this web site is deemed reliable but is not guaranteed. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated 2020-09-18T23:51:50.65.
    www.theverybestofsantafe.com/homes/104447928
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    400 Kiva Court Santa Fe, NM 87505

    • Price: $3,150,000
    • Status: Active
    • Updated: 117 min ago
    • MLS #: 202000993
    0
    Beds
    0
    Baths
    0
    ½ Baths
    1.59
    Acres
    10,800
    SQFT
    $292
    $/SQFT
    2012
    Built
    Neighborhood:
    3S-Sf City Se South
    County:
    Santa Fe
    Area:
    3S-Sf City Se South
    Property Description
    Very attractive, fully leased, 10,800 +/- sq/ft commercial office complex in an excellent central location (near Christus St V Hospital). Current NOI indicates a 6.56% Cap Rate based on asking price. Lease Rates: Unit 1, approx 6800 SF - $25.29/sq ft, Unit 2, approx 1966 SF - $22.97/sq ft, Unit 3, approx 1850 SF - $16.54/sq ft. Property highlights - Newer building completed in December 2012, solar pv system conveys with building, leases in place, 41 parking spaces, flexible configuration, excellent location with mountain views.
    Exterior Features

    Access Type Ada Construction Frame Extras Disabled AccessFire AlarmFire SprinklersKitchen AreaRefrigerated AcRestroomsSecurity SystemWater Heater Parking Facilities Parking AreaParking LotPaved Roof Flat

    Interior Features

    Floor CarpetingTile Miscellaneous Elec Hot Water HeatSecurity System Sq Ft Total Building 5000+

    Property Features

    Approximate Age 6-10 Years Authority Santa Fe City Bank Owned No Building Currently Leased Yes Building Use Office Commercial Type Office Documents On File Building PlansFinancial DetailsLeaseLegal DescriptionNoiSellerã¢Â‚¬Â„¢S DisclosuresTopographic Survey Electric PublicSolar Energy Efficiency Solar Photovoltaic (Elec) Estimated Future Tax $25.625.25 High Speed Available CableDslWireless Lease Type Other - See Remarks Lot Size Source Tax Data Owner Pays Building Taxes Possession Upon Funding Seller Will Sell in Entirety Separate Meter Yes Sewage City Sq Ft Source Builder Plans Tax Year 2018 Taxes 21162.46 Telephone Landline On-Site Tenant Pays Electric Terms CashConventional Water City Water Rights No Zoning C-1

    Listing provided courtesy of Tom Abrams of Santa Fe Properties/Washington. © 2020 Santa Fe Association of REALTORS®, Inc. MLS. All Rights Reserved.


    © 2020 Santa Fe Association of REALTORS®, Inc. MLS. All rights reserved. The data relating to real estate for sale in this web site comes in part from the Internet Data Exchange ("IDX") program of SFAR MLS, Inc. Real estate listings held by brokers other than The Very Best Santa Fe Team - Keller Williams are marked with the IDX Logo. All data in this web site is deemed reliable but is not guaranteed. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated 2020-09-18T23:51:50.65.
     
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    The Very Best Santa Fe Team - Keller Williams
    130 Lincoln Avenue, Suite K
    Santa Fe NM, 87501