40800 Highway 6 - Retail FOR SALE


Avon, CO 81620
$3,500,000 USD
303-328-2050
40800 Highway 6, Avon, CO for Sale
$3,500,000 USD
Retail - FOR SALE
1/9
null | 6.79% Cap Rate

40800 Highway 6
Avon, CO 81620


HIGHLIGHTS

  • Approximately 17,447 Square Feet Built in 1997 on 0.99 Acres
  • 92.85% Occupied - Most Tenants are on Net Leases with No Options Remaining
  • Upside Potential in Filling the Vacant 1,247 Square Foot Unit and Increasing Rents Upon Renewals - Only Two Tenants Have Options
  • Ferguson Enterprises (Corporate Guarantee) has Occupied 37.51% of the Building Since 2012
  • Sherwin-Williams (Corporate Guarantee) has Occupied 22.2% of the Building Since 1995
  • Located Off of Interstate 70 with Over 42,000 Vehicles Per Day

FOR SALE DETAILS

PRICE

$3,500,000 USD

PRICE/SF

$199 USD /SF

CAP RATE

6.79%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Stone Creek Business Center

PROPERTY TYPE

Retail

ADD'L SUBTYPES

Storefront, Storefront Retail/Office

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1997

SPRINKLERS

-

PARKING SPACES

35

LAND DETAILS

CROSS STREETS

U.S. Hwy 24

LAND ACRES

0.99 AC

LAND SF

43,124 SF

ZONING

2212

APN/PARCEL ID

R042730

ASK ABOUT THIS PROPERTY

Adam LewisMarcus & MillichapMore Info
303-328-2050

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Adam LewisMarcus & MillichapMore Info
303-328-2050

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