6600 River Pass Rd - Retail FOR SALE


Timnath, CO 80547
$5,666,666 USD
970-219-1493
6600 River Pass Rd, Timnath, CO for Sale
$5,666,666 USD
Retail - FOR SALE
1/6
null | 6% Cap Rate

6600 River Pass Rd
Timnath, CO 80547


HIGHLIGHTS

  • 10+ Years left on Original Lease Term
  • Cap Rate Increases to 6.7% in Year 1
  • 12% Rental Increases every 5 years

OVERVIEW

Schuman Companies, Inc is pleased to offer the Investment Opportunity to purchase The Learning Experience located in Timnath, CO. The property is located in the heart of the Timnath Ranch Community. The initial lease term still has 10+ years left with 2- 5 year options for tenant renewal. The current NOI of $340,000 is set to increase to $380,800 effective 11/1/2026 increasing the Cap Rate to 6.7% in year 1 of acquisition.

FOR SALE DETAILS

PRICE

$5,666,666 USD

PRICE/SF

$567 USD /SF

CAP RATE

6%

% LEASED

-

TENANCY

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

The Learning Experience- Timnath, CO

PROPERTY TYPE

Retail

ADD'L SUBTYPES

Day Care Center

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2021

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

-

LAND SF

-

ZONING

-

APN/PARCEL ID

86013-39-007

ASK ABOUT THIS PROPERTY

Alex SchumanSchuman CompaniesMore Info
970-219-1493

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Alex SchumanSchuman CompaniesMore Info
970-219-1493

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