Opportunity Zone Asset Vacant Building

Retail-Commercial for Sale
Sale Pending/Contingent
Catylist Listing ID: 30286661
Property Subtypes: Free-Standing Building, Street Retail
Status: Pending/Contingent
Building Size (RSF): 4,926 SF
Gross Land Area: 1.05 Acres
Sale Price: $750,000
Unit Price: $152.25 PSF
Property Use Type: Vacant/Owner-User
Building Name: Former McDonalds Drive Thru
Sale Terms: Other
Cap Rate: Undisclosed
Last Updated: 3/23/2019

Overview / Comments

Opportunity Zone Asset in fastest growing area of Santa Fe. Former vacant McDonalds building ready to purchase. Savings from tax benefits and established 1 acre site with infrastructure and landscaping completed. Plenty of parking, 28 regular and 4 handicap, and easy access in established successful location for drive thru. Perfect for Burger King, Dunkin' Donuts, Taco Bell, Kentucky Fried Chicken or other fast food drive through or re-purpose for another use. Interior has approximately enough space for 91 restaurant seats.

Additional Details

Nearest MSA: Santa Fe
County: Santa Fe
Taxing Authority: City of Santa Fe
Tax ID/APN: 059100465
Zoning: C-2
Retail Clientele: General, Family, Business
Property Located Between: Lucia and South Meadows
Property Visibility: Excellent
Largest Nearby Street: Airport Road
Feet of Frontage: 200
Highway Access: 3.5 miles to By pass 599 to I25 , Cerrillos Road 1.5 miles
Airports: Santa Fe Regional Airport, Albuquerque International
Site Description: Established fast food corner location with high visibility, good access and nicely landscaped lot.
Area Description: Mixed use retail and automotive, apartments, small strip centers.
Tenancy: Single Tenant
Total Number of Buildings: 1
Number of Stories: 1
Property Condition: Good
Year Built: 1995
Roof Type: Flat
Construction/Siding: Stucco
Exterior Description: Stucco and Glass
Total Parking Spaces: 32
Parking Type: Surface
Heat Type: Natural Gas
Heat Source: Central
Air Conditioning: Engineered System
Zoning Description: C-2 General Retail and Office
Lot Frontage: 200
Lot Depth: 262
Water Service: Municipal
Sewer Type: Municipal
Legal Description: T16N R 8E S12 1.000 AC PM 1-048-095-518-427

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 15,055 42,299 80,235
Median Age: 29.24 35.01 38.76
Households: 4,947 16,047 33,160
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