$2,125,000
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101 Herdner Rd Taos, NM 87571
Retail
Residence
Beds
Baths
...
Bed/Bath
5,460
Sq. Ft.
Property Activity
Time on Site
days
Days on Market
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PRIME COMMERCIAL INVESTMENT OPPORTUNITY IN TAOS, NEW MEXICO! Taos Commons is a prominent and highly visible, newer strip center. Site benefits include: location on the main retail corridor - adjacent brands include Dollar Tree, Walgreens and Taos Lifestyle Furniture mart. Strong national and regiona...l co-tenants - T-Mobile and Gandy Insurance. Ample parking and good traffic flow. Traffic counts approximately 25,000 CPD. Area neighbors include Albertson's supermarket, Domino's Pizza, Harbor Freight, Baskin Robbins, Nusenda Credit Union, Taos High School, Kit Carson Electric Cooperative, US Forest Service, medical and professional offices. This Taos retail site benefits from high barriers to entry, to include locally stringent development and entitlement processes and very low market inventory and competing vacancies. Newer construction and high-end tenant improvements and finishes in open bay. Well-maintained, transferable warranties. Two long term leases extending to 2030. OM and financial information available with signed NDA - contact listing broker.
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MLS#
111487
Property Type
Retail
Year Built
2016
Square Feet
5,460
sq. ft
Lot Size
0.84
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