$23,000,000

$23,000,000

Contact Presenting Broker

    SIR

    Sotheby's International Realty ®

    (800) 409-7325

    Key Features

    • MLS: 202400559
    • Status: Sold
    • Price: $23,000,000
    • Area: 1-SF City Limits NE
    • Type: Mixed Use
    • Acres: 1.5
    • Sell Date: 03-15-2024
    • Listing Agency: Real Estate Advisors, LLC
    • Selling Agency: Real Estate Advisors, LLC

    About this Property

    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.

    Additional Features

    • Type Mixed Use
    • Days On Market 2
    • UtilitiesElectricity Available
    • Water SourcePublic

    Neighborhoods

    Santa Fe City Northeast

    The Northeast of Santa Fe, within city limits, combines the pleasures of quiet living with the conveniences of location. On every tree-lined street are examples of newer, award-winning architecture and well-established, older adobes. In addition to the famous Plaza, this area includes all the land reaching up to the Jemez and the Sandias. Newer developments appear on your left and right as you

    Schools

    Listing Brokerage

    IDX listing

    Tai Bixby

    Real Estate Advisors, LLC

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