228 S St Francis Drive C Santa Fe, NM $ 750,000
228 S St Francis Drive C
$ 750,000
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228 S St Francis Drive C

Santa Fe, NM, 87501
$ 750,000
Bedrooms-- Baths-- Sq 2,348
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Property for Rent in Santa Fe, NM

for $750,000. This 2,348 square foot property was built in 1999 on a lot size of 0.03.

Income producing property now available for sale. New 5 Year NNN Lease with options. Tenant occupies 4/1/2026. This turn-key Class B Office Condo – Prime Location with St. Francis Drive frontage -The suite includes: 7 private offices, each with windows that provide abundant natural light 2 ADA-compliant restrooms Central break room.

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Rental Active

Price

$ 750,000

Taxes

$ 0

Style

Lot Size

0.03

Year Built

1999

Town/City

Santa Fe

County/Region

Santa Fe

MLS | Web ID

202600404

Features
General
Sewer Public Sewer
Utilities Electricity Available
Possession Close Of Escrow Subject To Tenant Rights
Roof Flat
Zoning C-4
Security Features Surveillance System
Year Built 1999
Tenant Pays Electricity Gas Internet Sewer Trash Collection Water
Unit Number C
Property Subtype Investment
Current Use Office
Business Type Mixed Professional/Office
County Santa Fe
Net Operating Income 50522.44
Property Type Commercial Sale
Possible Use Mixed Use Office
Garage Y/N false
Special Listing Conditions Standard
Status Active
Directions St Francis between Agua Fria and Alameda @ Roybal St.
City Santa Fe
Lot Size Units Acres
Lot Size Square Feet 1471
Listing Terms 1031 Exchange New Loan
MLS Area Minor 2-SF City Limits NW
Lease Considered Y/N false
Virtual Tour https://my.matterport.com/show/?m=SPtNkx3dv8F https://my.matterport.com/show/?m=SPtNkx3dv8F
Building Area Units Square Feet
Lease Type Net
Standard Status Active
Year Built Source Assessor
Property Sub Type Additional Investment
Cap Rate 6.73
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Interior
Basement (Y/N) false
Fireplace Y/N false
Total Baths 0
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Exterior
Parking Features Parking Available
Water Source Public
Total Parking 7
Lot Size Area 0.03
Building Area Total 2348
Lot Size Acres 0.03
Lot Size Source Public Records
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* Excluded Features
List By
Darren Branch

Listing Agent

Branch Realty

Broker

darren@branchrealty.com

Email

Nearby
4827338 Elementary School
4827337 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
2/4/2026$750,000 Listed Price

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228 S St Francis Drive C, Santa Fe, NM, 87501 is a Property for Rent at $750,000 with 2,348 sqft and a lot size of 0.03. 228 S St Francis Drive C was built in 1999. The property's zip code is 87501 which is in Santa Fe, NM