806 Calle Mejia

1 of 8
  • Price: $1,250,000
  • Price: $1,098,662
  • MLS: 201804527
  • Status: Active
  • Type: Investment
  • Acres: 0.642
  • Area: 2-SF City Limits NW
  • Total Sqft: 2,000

Presenting Broker

Shane Cronenweth

Shane Cronenweth
(505) 577-2000
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Property Description

Well-maintained income producing property. Seven (7) years remaining on primary terms of this NNN lease. Options to renew. Lease calls for annual increase of 2{6fdf47c4124da6f1aac9720bc8a1d47daddc5a8f3e10a6204e1d18b105739dc7}. CAP starts at 6.25{6fdf47c4124da6f1aac9720bc8a1d47daddc5a8f3e10a6204e1d18b105739dc7} and ends at 7.04{6fdf47c4124da6f1aac9720bc8a1d47daddc5a8f3e10a6204e1d18b105739dc7} in primary term of lease. May qualify for favorable pass-through tax treatment.

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Neighborhood Info

Santa Fe City Northwest

The northwest of Santa Fe within city limits includes one of the most affordable, family areas - Casa Solana. With beautiful mature trees, sidewalks and paved streets, Casa Solana has a real neighborhood atmosphere. Gonzales Elementary is within walking distance to all and the Casa Solana shopping area is a treat. The homes were built in the 1960's by developer Allen Stamm and all include vigas,

Additional Information

  • Type: Investment
  • Days On Market: 85
  • Sewage: City
  • Gas: Natural
  • Total Sqft: 2,000 sqft
  • Floor: Carpeting, Concrete Slab, Tile
  • Construction: Frame
  • Extras: Disabled Access, Fire Alarm, High Visibility, Kitchen Area, Overhead Doors, Paved, Restrooms, Security System, Water Heater

Listing Brokerage

IDX listing

Wm. David Dougherty

Dougherty Real Estate Co. LLC

The data relating to real estate for sale in this web site comes in part from the Internet Data exchange (“IDX”) program of SFAR MLS, Inc. Real estate listings held by brokers other than Sotheby's International Realty are marked with the IDX logo. All data in this web site is deemed reliable but is not guaranteed.