Gas Stations /CO /Chaffee County /Salida /310 W Rainbow Blvd
Gas Stations /CO /Chaffee County /Salida /310 W Rainbow Blvd

310 W Rainbow Blvd - Service Station FOR SALE


Salida, CO 81201 | 
$2,148,148 USD
703-477-1315
310 W Rainbow Blvd, Salida, CO for Sale
$2,148,148 USD
Service Station - FOR SALE
1/4
null | 6.75% Cap Rate
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310 W Rainbow Blvd
Salida, CO 81201

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HIGHLIGHTS

  • Operating history of over 40 years.
  • Absolute NNN lease features ±15.3 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.

OVERVIEW

CBRE is pleased to exclusively offer for sale the 2,440-square-foot Alta convenience store and gas station situated on 0.70 acres in Salida, 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

$2,148,148 USD

PRICE/SF

$880 USD /SF

CAP RATE

6.75%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Alta: Salida, CO (W. Rainbow Boulevard)

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Service Station

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1985

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.7 AC

LAND SF

30,492 SF

ZONING

C2

APN/PARCEL ID

R380706400022

ASK ABOUT THIS PROPERTY

Thomas CarrCBREMore Info
703-477-1315

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Thomas CarrCBREMore Info
703-477-1315

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