Sold
Closed
Private Address
N/A
Sold
Closed
134,000 sqft
Commercial
Built in 1982
125 Lincoln/150 Washington is a distinctive boutique mixed-use property, chosen by prominent institutional tenants as their distinguished presence in the enchanting state of New Mexico. Nestled in the heart of Downtown Santa Fe, this Property is a testament to sophistication and excellence, consisting of two modern non-historic Class A buildings boasting a combined total of 134,606 net rentable SF. These buildings share an inviting central courtyard, complemented by a single-level underground parking garage for convenience. A portion of the site is under long-term ground leases. The property enjoys an enviable location within an esteemed market, occupying nearly an entire city block and just north of Santa Fe's historic Plaza, a cherished locale housing the Palace of the Governors and adjacent to the revered New Mexico State Museum. Located across the street from Rosewood Hotels Inn of the Anasazi, the Property finds itself surrounded by exclusive dining establishments, upscale retail boutiques, and luxurious hotels, providing unparalleled access to a world of top-tier amenities. The Property enjoys the advantage of being situated in a city with a rich historical heritage and high demand, allowing it to effortlessly command premium rental rates within this thriving market. The property is 86% leased to a diverse array of Fortune 100 investment-grade and local tenants, ensuring a stable and dependable cash flow. This offering presents astute investors with an unparalleled opportunity to acquire a truly iconic property in a premier destination market. Its status as a boutique mixed-use gem, chosen by esteemed institutional tenants, underscores its prestige and uniqueness in the vibrant landscape of Santa Fe's real estate market.
202400559
MLSⓇ ID
February 20, 2024
Listed
November 22, 2024
Updated
Map
Private Address
Interior Features
Fireplace
No
Cooling
No
Heating
No
Exterior/Building Features
Lot Size
1.5 Acres
Other Property Details
Days on Market
2
Garage
No
View
No
County
Santa Fe
Water Source
Public
Pool
No
Zoning
BCD
Listing History
Date | Event | Price |
---|---|---|
3/20/2024 | Sold | — |
Listed by Tai Bixby with Real Estate Advisors, LLC
Listing Contact: (505) 577-3524
The IDX display contains information sourced from the Santa Fe Association of REALTORS® as of 11/22/2024. This data is intended solely for personal, non-commercial use and is not to be utilized for any other purposes except to identify potential properties for purchase. Although the MLS data displayed is typically considered reliable, it is not guaranteed to be accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and are advised to conduct their own investigations or seek professional assistance. Other sources besides the Listing Agent may have contributed to the MLS data presented. Unless expressly specified in writing, the Broker/Agent has not confirmed any information obtained from external sources. The Broker/Agent may or may not have acted as the Listing and/or Selling Agent and cannot guarantee the accuracy of property locations displayed on any map. Any compensation offers are solely made to participants of the MLS where the listing is registered.
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Data last updated on 11/22/2024 at 7:55 PM UTC