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St Michael's Village West Shopping Center 1604-1660 Saint Michaels Dr 11,964 - 12,125 SF of Retail Space Available in Santa Fe, NM 87505
HIGHLIGHTS
- Opportunity zone
- Link Overlay District
SPACE AVAILABILITY (1)
Display Rental Rate as
- SPACE
- SIZE
- TERM
- RENTAL RATE
- RENT TYPE
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor, Ste 1660 | 11,964-12,125 SF | Negotiable | $20.67 CAD/SF/YR $1.72 CAD/SF/MO $250,575 CAD/YR $20,881 CAD/MO | Triple Net (NNN) |
1st Floor, Ste 1660
Features: • Prominent junior anchor position opportunity • Geographically located in the heart of Santa Fe • Well maintained anchored shopping center along one of Santa Fe’s major arterials • Signalized intersection with multiple full movement access points • High traffic volume corridor with excellent visibility • Ample parking and excellent pylon signage available • Mature and densely populated trade area • Robust national/local retail and restaurant tenancy node • Optimally situated within an Opportunity Zone, the Metropolitan Redevelopment Agency (MRA) and the Midtown Local Innovation Corridor Overlay District (LINC)
- Lease rate does not include utilities, property expenses or building services
- Partially Built-Out as Standard Retail Space
- Central Air and Heating
- Private Restrooms
- Emergency Lighting
Rent Types
The rent amount and type that the tenant (lessee) will be responsible to pay to the landlord (lessor) throughout the lease term is negotiated prior to both parties signing a lease agreement. The rent type will vary depending upon the services provided. For example, triple net rents are typically lower than full service rents due to additional expenses the tenant is required to pay in addition to the base rent. Contact the listing broker for a full understanding of any associated costs or additional expenses for each rent type.
1. Full Service: A rental rate that includes normal building standard services as provided by the landlord within a base year rental.
2. Double Net (NN): Tenant pays for only two of the building expenses; the landlord and tenant determine the specific expenses prior to signing the lease agreement.
3. Triple Net (NNN): A lease in which the tenant is responsible for all expenses associated with their proportional share of occupancy of the building.
4. Modified Gross: Modified Gross is a general type of lease rate where typically the tenant will be responsible for their proportional share of one or more of the expenses. The landlord will pay the remaining expenses. See the below list of common Modified Gross rental rate structures: 4. Plus All Utilities: A type of Modified Gross Lease where the tenant is responsible for their proportional share of utilities in addition to the rent. 4. Plus Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of cleaning in addition to the rent. 4. Plus Electric: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical cost in addition to the rent. 4. Plus Electric & Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical and cleaning cost in addition to the rent. 4. Plus Utilities and Char: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the utilities and cleaning cost in addition to the rent. 4. Industrial Gross: A type of Modified Gross lease where the tenant pays one or more of the expenses in addition to the rent. The landlord and tenant determine these prior to signing the lease agreement.
5. Tenant Electric: The landlord pays for all services and the tenant is responsible for their usage of lights and electrical outlets in the space they occupy.
6. Negotiable or Upon Request: Used when the leasing contact does not provide the rent or service type.
7. TBD: To be determined; used for buildings for which no rent or service type is known, commonly utilized when the buildings are not yet built.
SELECT TENANTS AT ST MICHAEL'S VILLAGE WEST SHOPPING CENTER
- TENANT
- DESCRIPTION
- US LOCATIONS
- REACH
- Carl's Jr.
- Accommodation and Food Services
- -
- -
- Harbor Freight Tools
- Retailer
- -
- -
- Jimmy John's
- Accommodation and Food Services
- -
- -
- Rob & Charlie's Bicycles
- Retailer
- -
- -
- Santa Fe Bite
- Accommodation and Food Services
- -
- -
- Sierra Pacific Windows
- Construction
- 1
- -
| TENANT | DESCRIPTION | US LOCATIONS | REACH |
| Carl's Jr. | Accommodation and Food Services | - | - |
| Harbor Freight Tools | Retailer | - | - |
| Jimmy John's | Accommodation and Food Services | - | - |
| Rob & Charlie's Bicycles | Retailer | - | - |
| Santa Fe Bite | Accommodation and Food Services | - | - |
| Sierra Pacific Windows | Construction | 1 | - |
PROPERTY FACTS
| Total Space Available | 12,125 SF | Gross Leasable Area | 56,872 SF |
| Min. Divisible | 11,964 SF | Total Land Area | 8.28 AC |
| Property Type | Retail | Year Built | 1970 |
| Property Subtype | Storefront | Parking Ratio | 4.77/1,000 SF |
| Total Space Available | 12,125 SF |
| Min. Divisible | 11,964 SF |
| Property Type | Retail |
| Property Subtype | Storefront |
| Gross Leasable Area | 56,872 SF |
| Total Land Area | 8.28 AC |
| Year Built | 1970 |
| Parking Ratio | 4.77/1,000 SF |
ABOUT THE PROPERTY
Neighborhood retail center in the economic and geographic center of historic Santa Fe, New Mexico. We have an excellent mix of retail and service businesses. Five restaurants, nail salon, hair salon, barber, flower shop, bicycle shop, acupuncturist and many others. Many 'Best of Santa Fe' winners.
- Signage
- Signalized Intersection
- Tenant Controlled HVAC
- Monument Signage
NEARBY MAJOR RETAILERS
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St Michael's Village West Shopping Center | 1604-1660 Saint Michaels Dr
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