1331 Grande Ave - Service Station FOR SALE


Monte Vista, CO 81144
$1,675,776 USD
404-441-3849
1331 Grande Ave, Monte Vista, CO for Sale
$1,675,776 USD
Service Station - FOR SALE
1/2
null | 6.75% Cap Rate

1331 Grande Ave
Monte Vista, CO 81144


HIGHLIGHTS

  • Absolute NNN lease features ±15.5 years remaining and zero landlord obligations as Tenant is solely responsible for taxes, insurance and maintenance.
  • 7.5% rent increases in 2031, 2036 and in each of the four 5-year renewal options.
  • Operating history of over 27 years.

OVERVIEW

CBRE is pleased to exclusively offer for sale the 2,218-square-foot Alta convenience store and gas station situated on 0.48 acres in Monte Vista, CO. Alta’s absolute NNN lease features ±15.5 years remaining and zero landlord obligations as Tenant is solely responsible for taxes, insurance and maintenance. Business is not for sale.

FOR SALE DETAILS

PRICE

$1,675,776 USD

PRICE/SF

$756 USD /SF

CAP RATE

6.75%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Alta Convenience & Gas: Monte Vista, CO

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Service Station

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1998

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.48 AC

LAND SF

20,909 SF

ZONING

01

APN/PARCEL ID

3531320006

ASK ABOUT THIS PROPERTY

Christopher BosworthCBRE, Inc.More Info
404-441-3849

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Christopher BosworthCBRE, Inc.More Info
404-441-3849

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.