Northmarq is pleased to offer for sale to qualified investors the opportunity to acquire the fee simple interest in the land and building of a multi-tenant property located in Cañon City, Colorado.
The Property consists of 1.57 acres and a one story, 13,721 square foot building that was built in 2003. Located directly off of US Highway 50, the subject Property sees nearly 22,000 vehicles per day and is surrounded by a mix of national and local tenants.
The Tenants include Centura Health, China Garden Restaurant, and American Medical Response. The Property has 1,931 vacant space, providing the Purchaser a great Value-Add opportunity. All three Tenants have been long-term occupants at the subject Property with no plans to leave, and a weighted average lease term remaining of 3.9 years. Each Lease contains strong annual increases.
BJ Feller - CO Lic. #EA.100088654