101 E Herdner Rd

$2,125,000

1 of 8

101 E Herdner Rd

$2,125,000

Contact Presenting Broker

    Alan & Anne

    Alan & Anne Vorenberg

    505.470.3118

    Key Features

    • MLS: T111487
    • Status: Active
    • Price: $2,125,000
    • Area: TOWN OF TAOS (45A)
    • Type: Retail
    • Acres: 0.84

    About this Property

    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.

    Additional Features

    • Type Retail
    • Subdivision None
    • Days On Market 186
    • Parking FeaturesParking Space(s)
    • UtilitiesCable Available, Electricity Available, Natural Gas Available, Separate Meters
    • HeatingForced Air
    • Exterior FeaturesLandscaping, Security Lighting
    • Construction MaterialsMetal Siding, Stucco
    • RoofMetal, See Remarks
    • Water SourcePublic
    • SewageConnected

    Schools

    Listing Brokerage

    IDX listing

    John Phillips

    Berkshire Hathaway HomeServices Taos Real Estate

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    The data relating to real estate for sale in this web site comes in part from the Internet Data exchange (“IDX”) program of SFAR MLS, Inc. Real estate listings held by brokers other than Sotheby's International Realty ® are marked with the IDX logo. All data in this web site is deemed reliable but is not guaranteed.