Active
Net Leased Distribution Warehouse Investment
1197 Parkway Dr Santa Fe, NM 87507
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Overview
- 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.
Attachments
For Sale
Industrial
Secondary Uses: Light Industrial
- Sale Price
- $2,501,111
- Price Per SF
- $220.8/SF
- Building Size
- 11,329 SF
- Acres
- 0.869 ac
- Zoning Description
- Light Industrial
- Tenant
- Performance Maintenance Incorporated (PMI)
- Year Built
- 1990
- Parking Spaces
- 27
- Office SF
- 2,584 SF
- Dock Number
- 1
- Drive-In Number
- 1
- Warehouse SF
- 8,744 SF
- County
- Santa Fe
- Created
- 2025-05-28
- Updated
- 2025-05-31
- Listing ID
- 48daf5c8