806 Calle Mejia $1,098,662 $1,250,000

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806 Calle Mejia

  • Price: $1,250,000
  • Price: $1,098,662
  • MLS: 201804527
  • Status: Active
  • Type: Investment
  • Acres: 0.642
  • Area: 2-SF City Limits NW
  • Total Sqft: 2,000

Presenting Broker

Tommy Gardner

Tommy Gardner

(505) 920-8001

Email Me

Santa Fe Comm. Real Estate, LLC
64 Amberwood Loop
Santa Fe, NM 87501
Direct: 505-919-8819

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Description

Well-maintained income producing property. Seven (7) years remaining on primary terms of this NNN lease. Options to renew. Lease calls for annual increase of 2{6fdf47c4124da6f1aac9720bc8a1d47daddc5a8f3e10a6204e1d18b105739dc7}. CAP starts at 6.25{6fdf47c4124da6f1aac9720bc8a1d47daddc5a8f3e10a6204e1d18b105739dc7} and ends at 7.04{6fdf47c4124da6f1aac9720bc8a1d47daddc5a8f3e10a6204e1d18b105739dc7} in primary term of lease. May qualify for favorable pass-through tax treatment.

Additional Features

  • Type: Investment
  • Days On Market: 87
  • Floor: Carpeting, Concrete Slab, Tile
  • Construction: Frame
  • Sewage: City
  • Gas: Natural
  • Extras: Disabled Access, Fire Alarm, High Visibility, Kitchen Area, Overhead Doors, Paved, Restrooms, Security System, Water Heater
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Schools

Listing Brokerage

Wm. David Dougherty

Dougherty Real Estate Co. LLC

IDX listing
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 Sotheby's International Realty are marked with the IDX logo. All data in this web site is deemed reliable but is not guaranteed.