Retail Space /CO /Las Animas County /Trinidad /305 State St
Retail Space /CO /Las Animas County /Trinidad /305 State St

305 State St - Convenience Store FOR SALE


Trinidad, CO 81082 | 
$1,994,970 USD
703-477-1315
305 State St, Trinidad, CO for Sale
$1,994,970 USD
Convenience Store - FOR SALE
1/6
null | 6.75% Cap Rate
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305 State St
Trinidad, CO 81082

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HIGHLIGHTS

  • Operating history of over 34 years.
  • 7.5% rent increases in 2031, 2036 and in each of the four 5-year renewal options.
  • Absolute NNN lease features ±15.3 years remaining and zero landlord obligations as Tenant is solely responsible for taxes, insurance and maintenance.

OVERVIEW

CBRE is pleased to exclusively offer for sale the 2,907-square-foot Alta convenience store and gas station situated on 0.38 acres in Trinidad, CO. Alta’s absolute NNN lease features ±15.3 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

$1,994,970 USD

PRICE/SF

$686 USD /SF

CAP RATE

6.75%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Alta: Trinidad, CO

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Convenience Store

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1991

SPRINKLERS

-

PARKING SPACES

6

LAND DETAILS

LAND ACRES

0.38 AC

LAND SF

16,553 SF

ZONING

-

APN/PARCEL ID

10422710

ASK ABOUT THIS PROPERTY

Thomas CarrCBREMore Info
703-477-1315

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Thomas CarrCBREMore Info
703-477-1315

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