Sold

Closed

Private Address

Price upon request


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

May 9, 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 5/9/2024. 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.

©2024 Santa Fe Association of REALTORS® all rights reserved.

Data last updated on 5/9/2024 at 4:00 PM UTC

 

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