25 Stafford Ln - Freestanding FOR SALE


Delta, CO 81416
$1,858,000 USD
972-755-5225
25 Stafford Ln, Delta, CO for Sale
$1,858,000 USD
Freestanding - FOR SALE
1/13
null | 6.84% Cap Rate

25 Stafford Ln
Delta, CO 81416


HIGHLIGHTS

  • 14,860-Square-Foot, Multi-Tenant Retail Center
  • Shadow-Anchored by Walmart Supercenter | High Traffic Driver, Hosting 1.9M Visits Annually (Source: Placer.ai)
  • Fully Stabilized | 100% Leased | All Leases are Triple-Net
  • Anchored by New Seven-Year Lease with Chow Down Pet Supplies | Operator has Six Locations in Colorado
  • Tenants are a Complementary Mix of National, Regional, and Local Retailers that are Largely Internet-Resistant
  • Building has a Standing Seam Metal Roof

OVERVIEW

The Shops at Stafford Lane is a fully stabilized, 14,860-square-foot, multi-tenant retail center in located in Delta, Colorado. The shopping center is currently 100 percent leased, and all leases are triple-net. The center has a diversified tenant base comprised of a mix of national, regional, and local retailers, including Papa Murphy's Pizza, H&R Block, Chow Down Pet Supplies, Yes! Dental, Green Meadows Dispensary, Vapor World, and RAW Beauty Ink. Constructed in 2005, the building features a metal roof and is situated on a 0.82-acre parcel with ample concrete parking. The subject property is located on Stafford Lane at the hard corner intersection of Stafford Lane and Crawford Avenue. The center is positioned less than one-half mile south of State Highway 92, the city's primary east-west thoroughfare. The Shops at Stafford Lane is shadow-anchored by Walmart and adjacent to a Sonic pad site. Other neighboring national retailers include Domino's, Safeway Grocery, Taco Bell, AutoZone, The UPS Store, and more. The property is located directly north of Delta County Memorial Hospital. The hospital is the largest employer in Delta County and provides additional traffic to the area.

FOR SALE DETAILS

PRICE

$1,858,000 USD

PRICE/SF

$125 USD /SF

CAP RATE

6.84%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

The Shops at Stafford Lane

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2005

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.82 AC

LAND SF

35,719 SF

ZONING

-

APN/PARCEL ID

R020912,R020913

ASK ABOUT THIS PROPERTY

Philip LevyMarcus & MillichapMore Info
972-755-5225

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Philip LevyMarcus & MillichapMore Info
972-755-5225

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