1881 St Michaels Dr, Santa Fe, NM 87505

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Building Details:

8% CAP on true NNN Investment on actual lease income. Former bank occupied by Loan Max since 2004. In first year of first option of Lease. Second Option, if exercised, through Feb-2019. Tenant is Select Management Resources LLC. www.LoanMaxLending.com.
Tenant pays all property taxes except roof and structure. Tenant does not use entire building, but leases all of it. Excess parking in rear is currently leased to restaurant.

Location Description
Highly visible on north side of St. Michael's Drive across from K-mart, Lowe's, shopping centers, service stations.