2601 Dos Rios Dr - Retail FOR SALE


Grand Junction, CO 81501
$4,220,000 USD
720-232-9530
2601 Dos Rios Dr, Grand Junction, CO for Sale
$4,220,000 USD
Retail - FOR SALE
1/6
null | 5.25% Cap Rate

2601 Dos Rios Dr
Grand Junction, CO 81501


HIGHLIGHTS

  • New 10-year lease in addition to 4, 5-year options
  • Built-to-suit construction on an oversized 1.36-acre parcel
  • Double-Net (NN) lease offering limited landlord responsibilities
  • Scheduled 10% rental increases every five years
  • Positioned in the new 58-acre Dos Rios master-planned community
  • Over 35,000 SF of retail, 460+ residential units, and a 200+-key hotel planned or under construction

OVERVIEW

Blue West Capital is pleased to offer for sale a single-tenant Starbucks located within the brand-new “Dos Rios” master-planned community in Grand Junction, CO. Starbucks will operate on a long-term double-net (NN) lease offering stable income with limited landlord responsibilities. The lease features above market 10% rental increases every five years throughout the primary term and four, five-year options. Starbucks’ built-to-suit design features a wrap-around drive-thru and expansive patio space on its oversized 1.36-acre parcel. Dos Rios is uniquely positioned between Downtown Grand Junction and the Colorado River and riverfront trail system. The Dos Rios development spans across 58 acres at the Confluence of the Colorado and Gunnison Rivers. Once fully developed, Dos Rios will feature 20,000 square feet of retail, 20,000 of non-profit office space with a preschool, 140+ townhomes, 230+ multifamily units, 70+ condo units, 150+ key hotel and 15 acres of parks and open space. Grand Junction is the largest city in western Colorado with over 70,000 residents and year-round tourism due to its temperate climate, economic opportunity, and endless outdoor recreation activities.

FOR SALE DETAILS

PRICE

$4,220,000 USD

PRICE/SF

$1,860 USD /SF

CAP RATE

5.25%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Starbucks at Dos Rios

PROPERTY TYPE

Retail

ADD'L SUBTYPES

Fast Food, Freestanding, Storefront

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2025

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

1.36 AC

LAND SF

59,242 SF

ZONING

-

APN/PARCEL ID

2945-221-23-007

ASK ABOUT THIS PROPERTY

Thomas EthingtonBlue West Capital, LLC.More Info
720-232-9530

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Thomas EthingtonBlue West Capital, LLC.More Info
720-232-9530

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