





Description
SINGLE-TENANT TRIPLE NET INDUSTRIAL INVESTMENT 8.51% Cap Rate | $193,440 First-Year NOI | 10,969 SF± | I-1 Zoning. Fully occupied, income-producing flex industrial building offered as a Triple Net (NNN) investment. Tenant pays all real property taxes, insurance, maintenance, utilities, and operating expenses directly. Landlord receives $16,000 per month Base Rent free and clear with annual escalations of the greater of 3% or CPI-U — a guaranteed inflation hedge built into the lease. The property is a high-specification flex industrial building remodeled circa 2019 on a 0.781-acre fully fenced lot. Four suites (Units A–D), each with private office, private restroom, warehouse space with high ceilings, 8'×8' roll-up door, and security shutters — all currently interconnected and occupied by a single tenant. Heavy infrastructure includes 3-phase electrical service at 1,600 amps, city water and sewer, natural gas, HVAC with climate and humidity control, floor drains, and uni-strut ceilings. 23 paved parking spaces. Lease personally guaranteed for the full initial term. Annual rent escalations. Tenant has Right of First Refusal on sale.
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Listing information provided courtesy of the Santa Fe Association of REALTORS, Inc. IDX information is provided exclusively for consumers' personal, non-commercial use, and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable, but is not guaranteed accurate by the MLS. Updated: 24th April, 2026 11:10 PM (UTC)
Listing Agent: Tai Bixby
Listing Office: Real Estate Advisors, LLC
Attribution contact: (505) 577-3524














































