101 Herdner Rd E Taos, NM 87571
5,460 Sq. Ft. / 36,590 Sq. Ft., 0.84 acres lot size / Retail
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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 regional 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.
property details
Type
Retail
Status
Active
County
LOS ANGELES
Year Built
2016
Sq. Ft.
5,460
Lot Size
36,590 Sq. Ft., 1 acres
Listing Id
111487
Courtesy Of
John Phillips - Berkshire Hathaway HomeServices Taos Real Estate +1 575 758 1924
List Office Phone
+1 (575) 758-5478
Subdivision
None
Interior Features
Living Area Units
Sq. Ft.
Exterior Features
Roof
Metal
Utility & Building Info
Parcel Number
1074147052411
Cooling
Central Air
Water Source
Public
Heating
Forced Air
Building Area Total
5,460 Sq. Ft.
Price Per Sq Ft
$389
Architectural Style
Other
Price History
| date | event | price | source |
|---|---|---|---|
|
03/25/2024
03/25/2024
|
Active |
$2,125,000
|
Taos County Association of Realtors |
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Market Trends
Source: LiveBy
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