Santa Fe Plaza

Diversified Tenant Base: Four-tenant retail/office property with a diversified tenant base, reducing single-tenant risk and allowing for staggered lease repositioning.
Supplemental Income Lot: Adjacent ±0.15 AC lot currently used for equipment leases, offering supplemental short-term income and optionality for yard rental, storage, contractor use, or future redevelopment (buyer to verify zoning and entitlements).
Mark-to-Market Opportunity: Below-market in-place rents present a clear mark-to-market opportunity; 68% of GLA on month to month, below market rent, gross leases.
Owner-User or Investor Upside: Strong upside for owner-user or investor seeking current income with redevelopment or intensification potential.
Proximity to New Developments: Proximity to multiple new residential and mixed-use developments near North Santa Fe Avenue supports long-term demand for neighborhood retail, office, and service uses.
Flexible Zoning: M-U Zoning allows for a plethora of uses, including potential multifamily redevelopment (buyer to verify).

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