Retail Space /CO /Saguache County /Saguache /315 8th St
Retail Space /CO /Saguache County /Saguache /315 8th St

315 8th St - Convenience Store FOR SALE


Saguache, CO 81149 | 
$2,222,222 USD
703-477-1315
315 8th St, Saguache, CO for Sale
$2,222,222 USD
Convenience Store - FOR SALE
1/6
null | 6.75% Cap Rate
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315 8th St
Saguache, CO 81149

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HIGHLIGHTS

  • Operating history of over 62 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 1,290-square-foot Alta convenience store and gas station situated on .30 acres in Saguache, 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

$2,222,222 USD

PRICE/SF

$1,117 USD /SF

CAP RATE

6.75%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Alta: Saguache, CO

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Convenience Store

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1997

SPRINKLERS

-

PARKING SPACES

9

LAND DETAILS

LAND ACRES

0.3 AC

LAND SF

13,068 SF

ZONING

-

APN/PARCEL ID

448912116001

ASK ABOUT THIS PROPERTY

Thomas CarrCBREMore Info
703-477-1315

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Thomas CarrCBREMore Info
703-477-1315

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