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Market Station 500 Market St 4,117 SF of Retail Space Available in Santa Fe, NM 87501
Highlights
- Located within Market Station, a mixed-use development in Downtown Santa Fe.
- Surrounded by established retailers, dining, and entertainment venues.
- Steps from the Santa Fe Depot Rail Runner Station and near South Capitol Station.
- Ample parking available via city garage and street parking options.
Space Availability (1)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor, Ste 110A | 4,117 SF | Negotiable | $39.05 CAD/SF/YR $3.25 CAD/SF/MO $160,752 CAD/YR $13,396 CAD/MO | Triple Net (NNN) |
1st Floor, Ste 110A
Suite 110A at Market Station offers 4,117 RSF in Santa Fe’s vibrant Railyard District. Previously occupied by Restoration Pizza, this turnkey restaurant space includes an exhaust hood, grease trap, walk-in cooler, pizza oven, and commercial kitchen utility connections. Located across from Sky Cinema and steps from REI, the Santa Fe Farmers Market, and Railyard Park, the property benefits from strong pedestrian traffic from nearby hotels, the Plaza, and surrounding attractions. National chains are not permitted, supporting a curated mix of local and regional businesses.
- Lease rate does not include utilities, property expenses or building services
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 Market Station
- Tenant
- Description
- US Locations
- Reach
- El Museo Cultural De Santa Fe
- Arts, Entertainment, and Recreation
- 1
- -
- Firebox Studios
- Art Gallery
- 1
- -
- Housing & Community Development
- Legal
- 1
- -
- Luna Capital Advisors
- Real Estate
- 1
- Local
- REI
- Sporting Goods
- 243
- National
- Restoration Pizza
- Other Retail
- 2
- Local
| Tenant | Description | US Locations | Reach |
| El Museo Cultural De Santa Fe | Arts, Entertainment, and Recreation | 1 | - |
| Firebox Studios | Art Gallery | 1 | - |
| Housing & Community Development | Legal | 1 | - |
| Luna Capital Advisors | Real Estate | 1 | Local |
| REI | Sporting Goods | 243 | National |
| Restoration Pizza | Other Retail | 2 | Local |
Property Facts
| Total Space Available | 4,117 SF | Gross Leasable Area | 82,000 SF |
| Property Type | Retail | Year Built | 2008 |
| Property Subtype | Storefront Retail/Office | Parking Ratio | 6.67/1,000 SF |
| Total Space Available | 4,117 SF |
| Property Type | Retail |
| Property Subtype | Storefront Retail/Office |
| Gross Leasable Area | 82,000 SF |
| Year Built | 2008 |
| Parking Ratio | 6.67/1,000 SF |
About the Property
Located in the heart of Santa Fe’s vibrant Railyard District, Suite 110A in the Market Station project offers a rare opportunity for a restaurant, coffee shop, or retail concept to establish itself in one of the city’s most active pedestrian environments. The space contains 4,117 rentable square feet and was previously occupied by Restoration Pizza. Making it well suited for a new food and beverage operator. This turn key restaurant space is equipped with an exhaust hood, grease trap, walk in cooler and utility connections typical for commercial kitchen equipment. This location benefits from exceptional foot traffic and visibility generated by the surrounding Railyard attractions. The property sits directly across the street from Sky Cinema (formerly Violet Crown) and within steps of REI, Santa Fe Farmers Market, the Railyard Park, breweries, galleries, museums, and the New Mexico School for the Arts. Proximity to the Plaza, the nearby hotels and constant stream of moviegoers, visitors, and local residents create strong day-and-evening activity, making the location particularly well positioned for dining, coffee, and experiential retail uses. The property is professionally managed and is part of the larger Santa Fe Railyard development. In keeping with the character of the district, national chain tenants are not permitted by covenant, creating a curated environment focused on local and regional businesses. All leases are subject to approval by the Santa Fe Railyard Community Corporation.
- Commuter Rail
- Signage
Nearby Major Retailers
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Market Station | 500 Market St
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