Real Estate in Santa Fe
Dennis "D.R." Bianchi
505-847-3033505-847-3033

400 Kiva Court, Santa Fe, NM 87505 (MLS # 202000993)

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PRICE $3,150,000
SIZE 10,800 sq ft
LOT SIZE 1.59 ac

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.

DAYS ON MARKET 16 LAST UPDATED 3/25/2020
YEAR BUILT 2012 COMMUNITY 3S-SF City SE South
COUNTY Santa Fe STATUS Active
PROPERTY TYPE(S) Commercial Building


ADDITIONAL DETAILS
ACCESS TYPE ADA
AGREEMENT TYPE Exclusive Right
APOD-ANNUAL PROP OP DATA Yes
APPROX. AGE 6-10 Years
BUILDING USE Office
CLASS COMMERCIAL BUILDING
CONSTRUCTION Frame
ELECTRICITY Public, Solar
ENERGY EFFICIENCY Solar Photovoltaic (Elec)
EXTRAS Disabled Access, Fire Alarm, Fire Sprinklers, Kitchen Area, Refrigerated AC, Restrooms, Security System, Water Heater
FLOOR Carpeting, Tile
HIGH SPEED AVAILABLE Cable, DSL, Wireless
IS BUILDING LEASED Yes
LANDLORD PAYS Building Taxes
LEASE TYPE Other - See Remarks
LEGAL DESCRIPTION PH 2 1.58 AC T17N R 9E S35 LOT 5 BOTULPH OFFICE PARK
MISCELLANEOUS Elec Hot Water Heat, Security System
PARKING FACILITIES Parking Area, Parking Lot, Paved
PROPERTY SUBTYPE Office
ROOF Flat
SEPARATE METER Yes
SEWAGE City
STATUS Active
TAX DATABASE ID 1
TAX PROPERTY ID 960002731
TELEPHONE - LANDLINE On-Site
TENANT PAYS Electric
TOT BUILD APPX SQFT RNGE 5000+
WATER City
WATER RIGHTS AVAILABLE No
ZONING C-1

ZESTIMATE
400 Kiva Court, Santa Fe, NM

RENT ZESTIMATE
$ / mo.  400 Kiva Court, Santa Fe, NM

26 Car-Dependent



 
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Listed with Tom Abrams, Santa Fe Properties/Washington

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 Berkshire Hathaway HomeServices Santa Fe Real Estate are marked with the IDX Logo. All data in this web site is deemed reliable but is not guaranteed.

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