3899 Cerrillos Rd

For Sale

3899 Cerrillos Rd, Santa Fe, NM 87507

This Santa Fe property for sale is located at 3899 Cerrillos Rd. The current listed sale price for 3899 Cerrillos Rd is $2,400,000.

Contacts

broker
Jim P. Dountas

CBRE

Property Details

  • Property Type Retail
  • Property Size 1,920 SF
  • Year Built 2007
  • Date Updated Jul 9, 2025

Exceptional Starbucks NN leased investment in Santa Fe, NM. Constructed and opened in 2007, this 1,920 square foot building has been successfully operated by Starbucks Corp. (S & P: BBB+) for 18 years. This is a top performing location being #1 out of 7 stores within 30 miles and #13 out of 64 stores in New Mexico (Placer.ai). As one of the first Starbucks locations in Santa Fe, the success of this location has maintained strong performance while the company has continued to build-out the market, adding a store to the north and south.

This free-standing building is ideally located along the premier retail corridor in the high growth south side of Santa Fe. It is a part of a larger, well-established Community Shopping Center benefiting from strong sales and heavy customer visits. The Center has unobstructed visibility, prominently positioned on the corner of Santa Fe’s most significant retail intersection.

Cerrillos Road is Santa Fe’s primary arterial bringing in vehicle traffic from Interstate 25 and continuing into Santa Fe’s historic downtown plaza and the State Capitol’s busy government epicenter.

Occupancy - 100%

Tenant - Starbucks

NOI - $132,000 Annually | Cap Rate 5.5%

Credit Rating - BBB+

Lease Term Remaining - 8 Years and 3 months (6/30/2033 Expiration)

Want more info on this listing?

Reach out to the broker for more info on lease terms and amenities

Getting around

  • 73/100

    Walk Score ®

  • 77/100

    Bike Score ®

Powered by Walk Score ®

Location

  • City Santa Fe, NM
  • Neighborhood San Isidro Village
  • Zip Code 87507
  • Market Albuquerque

Points of Interest

  • Zia Road

    3.14 miles

  • South Capitol

    3.73 miles

  • Santa Fe Depot

    4.69 miles

  • Drive-up Window

    9.63 miles

  • Greenlots

    0.16 miles

  • Speedway

    0.18 miles

  • Sam's Club

    0.33 miles

  • ChargePoint

    0.96 miles

  • Valero

    0.96 miles

  • Murphy USA

    1.10 miles

  • Allsup's

    1.67 miles

  • Murphy Express

    1.78 miles

  • eVgo

    1.97 miles

  • Electrify America Walmart 3423

    2.02 miles

  • West Wing Parking Lot

    2.74 miles

  • Flex Parking

    2.76 miles

  • Rail Trail Parking

    2.81 miles

  • Compact and Low-Emissions Parking

    2.87 miles

  • Recyclables

    3.92 miles

  • Chili Line Trailhead

    4.52 miles

  • Design Center Employee Parking

    4.79 miles

  • San Francisco Plaza

    5.04 miles

  • El Patio

    5.05 miles

  • Sandoval Garage

    5.05 miles

  • Buffalo Wild Wings

    0.07 miles

  • Subway

    0.07 miles

  • Panda Express

    0.08 miles

  • Five Guys

    0.09 miles

  • Chili's

    0.10 miles

  • Posa's

    0.12 miles

  • Panera Bread

    0.12 miles

  • Wingstop

    0.12 miles

  • Papa Murphy's

    0.13 miles

  • Thai Cafe

    0.15 miles

  • Albertsons

    0.15 miles

  • Sprouts Farmers Market

    0.16 miles

  • TJ Maxx

    0.17 miles

  • Ross

    0.19 miles

  • Target

    0.21 miles

  • Dillard's

    0.45 miles

  • JCPenney

    0.48 miles

  • Santa Fe Place

    0.49 miles

  • El Paisano Supermarket Airport

    0.81 miles

  • Walmart

    0.98 miles

In-Depth Research Available for this Property

Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.

Contact Listing Broker
broker
Jim P. Dountas

CBRE

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.