226 E Main St - Storefront FOR SALE


Rangely, CO 81648
$2,600,000 USD
303-921-7902
226 E Main St, Rangely, CO for Sale
$2,600,000 USD
Storefront - FOR SALE
1/4
null | 4.37% Cap Rate

226 E Main St
Rangely, CO 81648


HIGHLIGHTS

  • Expanding area in NorthwesternColorado
  • Mesa University to buy local junior college
  • Hospital in close proximity

OVERVIEW

Lease expires September 2035 Corporate-guaranteed lease with Dollar General Corporation, investment-grade tenant 15-year initial term with three 5-year renewal options, commenced October 2020 Absolute NNN lease structure with zero landlord responsibilities. Positioned in a regional trade area with limited discount retail competition Sits on 1.88 AC

FOR SALE DETAILS

PRICE

$2,600,000 USD

PRICE/SF

$235 USD /SF

CAP RATE

4.37%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2020

SPRINKLERS

-

PARKING SPACES

30

LAND DETAILS

LAND ACRES

1.5 AC

LAND SF

65,340 SF

ZONING

C

APN/PARCEL ID

139302501001

ASK ABOUT THIS PROPERTY

Dave DrahnColdwell Banker Commercial RealtyMore Info
303-921-7902

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

Dave DrahnColdwell Banker Commercial RealtyMore Info
303-921-7902

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