Shopping Strip
John Dunn Shops
120-124 Bent St, Taos, NM 87571
Listing Price: $7,545,000
Investment Overview
The John Dunn Shops is the premier investment opportunity located in historic downtown Taos, NM, offered for sale for the only the second time in 41 years. This immaculately maintained, lushly landscaped, and tree-shaded outdoor pedestrian shopping area is located adjacent to the historic Taos Plaza and links it with both Bent Street and Camino de la Placita. With established long-term tenants, solid income, reasonable rents, and low/no vacancy, this unique property is a solid investment poised to take advantage of the continually improving Taos economy. Beloved by locals and visitors alike, John Dunn Shops is the community gathering place in the heart of the historic district.
John Dunn Shops
Investment Highlights
- Rare Investment Opportunity in Downtown Historic District of Taos, New Mexico | Adjacent to Taos Plaza
- Comprised of 20+ Unique Shops, Galleries, and Restaurants in Three Separate Buildings Centered Around a Beautifully Landscaped Pedestrian Walkway
- 100% Occupied | 87% of the Gross Leasable Area has Triple-Net Leases
- Diverse Tenant Base with Long-Term, Established Tenants | 10+ of the Tenants Have Been in Place for 30 or More Years
- Includes Two Second-Story Apartments with Balconies | Both Units Remodeled in 2023 with New Appliances, Cabinets, Fixtures, Saltillo Tile Flooring, HVAC Units, and More
Exclusively Listed By
Broker of Record
Financing By
Listing Price: $7,545,000
Investment Highlights
- Rare Investment Opportunity in Downtown Historic District of Taos, New Mexico | Adjacent to Taos Plaza
- Comprised of 20+ Unique Shops, Galleries, and Restaurants in Three Separate Buildings Centered Around a Beautifully Landscaped Pedestrian Walkway
- 100% Occupied | 87% of the Gross Leasable Area has Triple-Net Leases
- Diverse Tenant Base with Long-Term, Established Tenants | 10+ of the Tenants Have Been in Place for 30 or More Years
- Includes Two Second-Story Apartments with Balconies | Both Units Remodeled in 2023 with New Appliances, Cabinets, Fixtures, Saltillo Tile Flooring, HVAC Units, and More
Investment Overview
The John Dunn Shops is the premier investment opportunity located in historic downtown Taos, NM, offered for sale for the only the second time in 41 years. This immaculately maintained, lushly landscaped, and tree-shaded outdoor pedestrian shopping area is located adjacent to the historic Taos Plaza and links it with both Bent Street and Camino de la Placita. With established long-term tenants, solid income, reasonable rents, and low/no vacancy, this unique property is a solid investment poised to take advantage of the continually improving Taos economy. Beloved by locals and visitors alike, John Dunn Shops is the community gathering place in the heart of the historic district.
Exclusively Listed By
Broker of Record
-
Ryan Sarbinoff
First Vice President/Regional Manager
Financing By
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