Property Listing No Longer Available for Lease

604 B & C North Guadalupe Street

Santa Fe, NM

Retail for Lease - $5,729 SqFt/Month - 2,500 SqFt Available


Property Info

CIMLS#439600
Location
  604 B & C North Guadalupe Street
  Santa Fe NM 87501
UpdatedNovember 16th, 2017
TypeRetail
Price$5,729 SqFt/Month
Building2,500 SqFt

Property Description

Former Burger Restaurant Available for Lease. Nearby businesses include Verizon Wireless, Panda Express, Albertsons, Starbucks, Sprouts Market, Office Depot, Ross Dress for Less, CVS Drug, GNC, Matress Firm, Subway Sandwiches, Wells Fargo, US Post Office. This offering is an assignment of the existing lease plus all the furniture, fixtures, & equipment. FF&E is valued at over $180,000 and includes all furniture, exhaust hood, refrigerators, freezers, bar equipment, grills, deep fryers, POS system, etc. The current configuration seats 86 in 2,500sf indoors and seats another 36 on the patio in warmer weather. The lease has flat rent of $5,729/month ($27.50/sf) NNN through to January 2022. NNN additional rent estimated $4.50 to $5.00/sf. All restaurant/food service types allowed except for pizza. Beer/Wine License can be transferred to new proprietor. Offered for sale immediately.

Location Description:

Great out lot location in front of Albertsons/Starbucks in the DeVargas Shopping Center in downtown Santa Fe, NM. Great visibility from Guadalupe and from the parking lot. Nearby businesses include Verizon Wireless, Panda Express, Albertsons, Starbucks, Sprouts Market, Office Depot, Ross Dress for Less, CVS Drug, GNC, Matress Firm, Subway Sandwiches, Wells Fargo, US Post Office.

Highlights:

>> Turn Key Restaurant Offering

>> Lease in place thru January 2022

>> All FF&E Included

>> Highly visible location

>> Plenty of Traffic

>> National Credit Tenants as neighbors

Space Available:

There is 1 space available. The minimum space available is 2,500 SF and the maximum contiguous is 2,500 SF.

604 North Guadalupe Street

-------------

>> 2,500

>> $68,748/SF/year (NNN Lease)