• Year Built: 1921
1107 Pen Rd is aretail property located in Santa Fe, NM. The property currently has 1 retail space for lease and is marketed by .
Three commercial parcels near the intersection of St Francis Dr and Cerrillos Rd in Santa Fe, NM. Located adjacent to Whole Foods and Walgreens. Easy walking distance to Rail Runner Station and the Santa Fe Railyards with shopping, movies, dining & entertainment. C-2 Zoning allows most commercial uses. Ideal site for infill and/or redevelopment, retail, and multifamily. City of Santa Fe plans to build rail trail on Pen Rd. connecting to the Santa Fe Railyard. Existing cash flow from multiple residential and commercial units helps carry the property during planning and permitting. Once in a lifetime development opportunity in one of the best locations in Santa Fe.
• 42,000 CPD St Francis
• $100,400 NOI in 2015
• C-2 Zoning
• Walk to shopping, dining & entertainment
• Next to Whole Foods
• Walk to light rail stop
- Available Spaces
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