Skip to Content

Chili’s

Santa Fe, New Mexico

Map View

Street View

Marcus & Millichap is pleased to present the exclusive listing for a brand-new Chili’s located at 3795 Cerrillos Road, Santa Fe, NM 87507. The site consists of 5,933 rentable square feet of building space on an approximate 1.16 acre parcel. The investment property is subject to a ±3.5 -year triple-net (NNN) ground lease with 5, 5-year tenant renewal options.

About the Investment
Original 10 Year Absolute Triple Net (NNN) Ground Lease with ±3.5 Years Remaining
Attractive Rent Increases Beginning in the Renewal Periods
Five (5), Five (5)-Year Tenant Renewal Options
Corporate Tenant | Brinker Restaurant Corp

Key Details

Price:
$3,199,939
Cap Rate:
5.00%
Annual Rent:
$159,996
Address:
3795 Cerrillos Road, Santa Fe, New Mexico 87507
Property Type:
Net Leased Restaurant
Lease Type:
Triple-Net (NNN) Ground Lease

Original Lease Term:
10 Years
Lease Commencement:
12/7/2015
Lease Expiration:
12/31/2025
Lease Term Remaining:
±3.5 Years
Rental Increases:
See Rent Schedule
Lot Size:
±1.16 Acres
Building Size:
5 SF
Year Built:
2015
Tenant:
Chili’s

Talk to the pros

Glen Kunofsky

License: 49KU1129178

Judson Kauffman

License: 10401296108

Hannan Ben Yosef

License: 10401358655

Broker of record

Ryan Sarbinoff

License: 20675


Similar Properties

available

Dollar General

90 McGinnis Drive, Santa Fe, New Mexico, 24844

available

Family Dollar

204 S. Pike St., Santa Fe, New Mexico, 26431

available

Dollar General

13909 Rocket Boys Drive, Santa Fe, New Mexico, 24892

available

Ojos Locos

9040 North Black Canyon Highway, Santa Fe, New Mexico, 85051