Curious about this home?
Ask anything — no agents, no pressure
Try asking
About This Home
This 0-bedroom, 0-bathroom residential multi family at 7510 Mallard Way in Santa Fe, NM is listed for $2,275,000 ($207 per sqft). Built in 2008, the home offers 10,969 sqft of living space on a 0.78 acres lot.
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.
Key Features
- Built in 2008
- 0.78 acre lot
- 23 parking spaces
Property Details
Monthly Cost Estimate
$12,167/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
7510 Mallard Way
Santa Fe, NM 87505
Questions & Answers
This 0-bedroom, 0-bathroom residential multi family at 7510 Mallard Way is listed at $2,275,000 ($207/sqft). The estimated monthly payment is $9,858 based on 20% down at 6.5% interest.
Key features include: Built in 2008, 0.78 acre lot, 23 parking spaces.
This property is listed by Tai Bixby and can be reached at 5055773524 or tai@tba.team.
