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Coronado Center 504 W Cordova Rd 5,182 SF of Retail Space Available in Santa Fe, NM 87505
HIGHLIGHTS
- Anchored by one of the top Trader Joe's, a leading grocer in the fresh format category.
- The center is located at the high-traffic intersection of Cordova Road and St. Francis Drive, which benefits from over 50,800 vehicles per day.
- Additional tenants include JCrew Factory, OrangeTheory Fitness, O'Reilly Auto Parts, Wild Birds Unlimited, The Joint and Dollar Tree.
SPACE AVAILABILITY (1)
Display Rental Rate as
- SPACE
- SIZE
- TERM
- RENTAL RATE
- RENT TYPE
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor, Ste 528A | 5,182 SF | Negotiable | $48.86 CAD/SF/YR $4.07 CAD/SF/MO $253,178 CAD/YR $21,098 CAD/MO | Triple Net (NNN) |
500-530 Cordova Rd - 1st Floor - Ste 528A
Former Party City space available for lease.
- Lease rate does not include utilities, property expenses or building services
- Partially Built-Out as Standard Retail Space
- Located in-line with other retail
- Anchored by Trader Joe's.
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 CORONADO CENTER
- TENANT
- DESCRIPTION
- US LOCATIONS
- REACH
- Dollar Tree
- Dollar/Variety/Thrift
- 10,426
- International
- Great Clips
- Salon/Barber/Spa
- 6,156
- International
- Orangetheory Fitness
- Fitness
- 1,594
- International
- O'Reilly Auto Parts
- Automotive
- 7,336
- International
- Trader Joe's
- Supermarket
- 720
- National
| TENANT | DESCRIPTION | US LOCATIONS | REACH |
| Dollar Tree | Dollar/Variety/Thrift | 10,426 | International |
| Great Clips | Salon/Barber/Spa | 6,156 | International |
| Orangetheory Fitness | Fitness | 1,594 | International |
| O'Reilly Auto Parts | Automotive | 7,336 | International |
| Trader Joe's | Supermarket | 720 | National |
PROPERTY FACTS
| Total Space Available | 5,182 SF | Frontage | |
| Center Type | Neighborhood Center | Gross Leasable Area | 116,005 SF |
| Parking | 579 Spaces | Total Land Area | 8.13 AC |
| Stores | 16 | Year Built | 1964 |
| Center Properties | 2 |
| Total Space Available | 5,182 SF |
| Center Type | Neighborhood Center |
| Parking | 579 Spaces |
| Stores | 16 |
| Center Properties | 2 |
| Frontage | |
| Gross Leasable Area | 116,005 SF |
| Total Land Area | 8.13 AC |
| Year Built | 1964 |
ABOUT THE PROPERTY
Coronado Center is located in Santa Fe, NM. The shopping center is anchored by Trader Joe's and offers a strong co-tenancy including J. Crew Factory, Orangetheory Fitness, Subway, and Dollar Tree. Coronado Center benefits from over 50,800 VPD and offers retail space for lease.
- Pylon Sign
- Signalized Intersection
NEARBY MAJOR RETAILERS
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Coronado Center | 504 W Cordova Rd
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