806 Calle Mejia
- Price: $1,098,662
- MLS: 201804527
- Status: Active
- Type: Investment
- Acres: 0.642
- Area: 2-SF City Limits NW
Presenting Broker
Tommy Gardner
(505) 920-8001
Santa Fe Comm. Real Estate, LLC
64 Amberwood Loop
Santa Fe, NM 87501
Direct: 505-919-8819
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%. CAP starts at 6.25% and ends at 7.04% in primary term of lease. May qualify for favorable pass-through tax treatment.
Additional Features
- Type: Investment
- Days On Market: 158
- 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
Listing Brokerage
Wm. David Dougherty
Dougherty Real Estate Co. LLC
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.