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.
Days On Market: 159
Floor: Carpeting, Concrete Slab, Tile
Extras:Disabled Access, Fire Alarm, High Visibility, Kitchen Area, Overhead Doors, Paved, Restrooms, Security System, Water Heater
The northwest of Santa Fe within city limits includes one of the most affordable, family areas - Casa Solana. With beautiful mature trees, sidewalks and paved streets, Casa Solana has a real neighborhood atmosphere. Gonzales Elementary is within walking distance to all and the Casa Solana shopping area is a treat. The homes were built in the 1960's by developer Allen Stamm and all include vigas,
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