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Off Market
1/8

1017 N Market Plz
Pueblo, CO 81007


HIGHLIGHTS

  • Corporate Lease with Safeway Inc.
  • Highly Successful Location – Long-Term Operating History at Site with Recent Lease Extension
  • Strong Sales / Healthy Rent-to-Sales Ratio
  • Limited Grocery Competition in the Trade Area
  • Below Market Rent Providing Excellent Investment Protection and Future Upgrade Potential
  • Large Monument Signage / Excellent Street Frontage and Visibility on Main Thoroughfare / NNN Lease – Ideal 1031 Exchange Investment

OVERVIEW

The property is ideally located along US Highway 50, which is the main thoroughfare road in the trade area. The site benefits from a lack of competition in the surrounding area and features strong sales, that have been steadily increasing year-over-year. In addition, the property benefits from the robust tenant synergy within the shopping center, with other tenants including Starbucks, Walgreens, McDonald’s, Dollar Tree, AutoZone, O’reilly Auto Parts, etc. Furthermore, there are nearly 50,000 residents living within the trade area, with an average household income of $75,000, providing consistent and reliable customer flow to the shopping center year round.

FOR SALE DETAILS

PRICE

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CAP RATE

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% LEASED

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TENANCY

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BUILDING DETAILS

PROPERTY NAME

Safeway Grocer - High Sales - Proven Location

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Supermarket

TOTAL BUILDING SIZE

56280

STORIES

1

YEAR BUILT

2000

SPRINKLERS

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PARKING SPACES

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LAND DETAILS

LAND ACRES

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LAND SF

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ZONING

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APN/PARCEL ID

0-5-07-1-05-008