- For Sale $2,501,111
- Property Type Industrial
- Property Size 11,329 SF
- Lot Size 0.87 Acre
- Cap Rate % 6.5
- NOI / YR $162,480.00
- Zoning I-1 Light Industrial
- Parking Spaces Avail. 27
- Parking Ratio 2.38 / 1,000 SF
- Building Class C
- Year Built 1992
- Date Updated Aug 14, 2025
- Dock High Doors 1
- Grade Level Doors 1
- Office Area 2,584 SF
- Warehouse Area 8,744 SF
- Electricity Service 120/240V single phase electric and 480V three phase heavy power
Net Leased Investment Opportunity. Leased to Performance Maintenance Incorporated (PMI), a regional cleaning and janitorial supply company with annual CPI rent increases.
Metal industrial building in the Richard Avenue industrial park with finished office space and high bay warehouse featuring loading dock with dock leveler, covered loading bay, large warehouse space, dock door 10’ X 10’, on grade roll up door 12’ H x 10’ W, fenced paved storage area and paved parking with 27 spaces. Compressed air plumbing in place throughout, needs a compressor.
Structure consists of steel beams with no center columns, pro-panel roof and siding, insulation batt interior in the warehouse, drywall interior with hung ceiling in the office, and concrete slab floor. Built circa 1990.
Inside clear height is 21’
Zoning is I-1 and allows for office, light industrial, storage, distribution, and more. Regulation of uses per Covenants and Restrictions of the Richards Avenue Business Park which prohibits residential, auto maintenance, junk yards, kennels, noxious, etc.
Utilities include gas, 120/240V single phase electric and 480V three phase heavy power, city water, sewer.
Warehouse HVAC: hanger heaters in the warehouse, no cooling. Warehouse office has cassette HVAC. Office HVAC: Ducted heating and air conditioning in the office.
Reach out to the broker for more info on lease terms and amenities
Attachments
Highlights
- Located in the Richard Avenue industrial park
- Leased to Performance Maintenance Incorporated (PMI), a regional cleaning and janitorial supply company with annual CPI rent increases
- Metal industrial building with finished office space and high bay warehouse featuring loading dock with dock leveler, covered loading bay, large warehouse space, dock door 10’ X 10’, on grade roll up door 12’ H x 10’ W, fenced paved storage area and paved parking with 27 spaces.
- Compressed air plumbing in place throughout, needs a compressor.
- Structure consists of steel beams with no center columns, pro-panel roof and siding, insulation batt interior in the warehouse, drywall interior with hung ceiling in the office, and concrete slab floor.
- Zoning is I-1 and allows for office, light industrial, storage, distribution, and more.
- Utilities include gas, 120/240V single phase electric and 480V three phase heavy power, city water, sewer.
- Warehouse HVAC: hanger heaters in the warehouse, no cooling. Warehouse office has cassette HVAC. Office HVAC: Ducted heating and air conditioning in the office.
False
Contacts
Location
Getting Around
-
Walk Score ®
59/100
Somewhat Walkable
-
Bike Score ®
61/100
Bikeable
- City Santa Fe, NM
- Neighborhood La Cieneguita
- Zip Code 87507
- Market Albuquerque
Points of Interest
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Zia Road
2.47 miles
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South Capitol
2.53 miles
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Santa Fe Depot
3.44 miles
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Drive-up Window
9.70 miles
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Murphy USA
0.37 miles
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Speedway
0.38 miles
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Brewer Gas
0.78 miles
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Alon
0.92 miles
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eVgo
0.96 miles
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Smith's Fuel
1.04 miles
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Greenlots
1.24 miles
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Sam's Club
1.41 miles
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Chevron
1.47 miles
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Valero
1.60 miles
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Recyclables
2.65 miles
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Rail Trail Parking
2.76 miles
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Chili Line Trailhead
3.27 miles
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Design Center Employee Parking
3.55 miles
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Flex Parking
3.68 miles
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West Wing Parking Lot
3.68 miles
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Compact and Low-Emissions Parking
3.76 miles
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San Francisco Plaza
3.78 miles
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El Patio
3.79 miles
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Sandoval Garage
3.80 miles
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Uncle DT's
0.18 miles
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Alicia's Tortilleria
0.26 miles
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Tacos Y Mas
0.30 miles
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Taco Bell
0.34 miles
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Tortilla Flats
0.34 miles
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Wendy's
0.35 miles
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The Kitchen
0.36 miles
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Denny's
0.40 miles
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Piccolino
0.42 miles
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El Chile Toreado
0.43 miles
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Latinos Unidos
0.28 miles
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Walmart
0.39 miles
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Big Lots
0.45 miles
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El Paisano Supermarket 1
0.46 miles
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Pueblo Latino Mini Market
0.77 miles
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Smith's
1.04 miles
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Burlington
1.11 miles
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Sprouts Farmers Market
1.20 miles
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Amigos Latinos
1.22 miles
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TJ Maxx
1.28 miles
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CVS Pharmacy
0.40 miles
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MinuteClinic®
0.40 miles
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Walgreens
0.59 miles
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Santa Fe Fire Station #7
1.06 miles
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Aspen Medical
1.27 miles
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La Familia Southside
1.58 miles
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Santa Fe Fire Department Station 3
1.64 miles
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Villa Terese Catholic Clinic
1.68 miles
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PMS Hopewell Family Health Center
1.69 miles
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Santa Fe Indian Hospital
1.74 miles
Frequently Asked Questions
The space currently listed for sale at Net Leased Distribution Warehouse Investment asks for $2,501,111.
Net Leased Distribution Warehouse Investment totals 11,329 square feet.
Net Leased Distribution Warehouse Investment was built in 1992.
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