E 1st St - Storefront FOR SALE


Akron, CO 80720
$2,796,000 USD
415-852-5177
E 1st St, Akron, CO for Sale
$2,796,000 USD
Storefront - FOR SALE
1/5
null | 6.25% Cap Rate

E 1st St
Akron, CO 80720


HIGHLIGHTS

  • New 15-year absolute NNN lease to Dollar General, a major national tenant with over 20,000 locations nationwide
  • 5% rental increases every five (5) years in initial term and option periods, ensuring consistent income growth
  • Akron is surrounded by natural attractions that generate substantial visitor traffic each year, including Pawnee National Grassland
  • Centrally located near Akron’s key amenities and residential areas, ensuring steady customer flow.
  • Larger footprint “Dollar” retailer, with 10,640-SF building to accommodate for more convenience store-type items
  • Property serves as the only Dollar General within 25 miles, allowing the site to create a strong, reliable customer base

OVERVIEW

Prime Retail Location: Easily accessible location along East 1st Street, Akron’s primary east-west thoroughfare, allowing the property to capture both local and commuter traffic. Reliable Tenancy: Lease is guaranteed by Dollar General Corporation, with over $40 billion in 2024 revenue. Central Tourism Location: Many tourists use Akron as a staging area for their travels due to its location near Denver and the Rocky Mountains. Limited Competition: Property serves as the only Dollar General within a 25-mile radius, allowing the site to create a strong, reliable customer base. New Construction: Brand new 2025 construction built to the latest Dollar General prototype, featuring a 10,640-SF building to accommodate for more convenience store-type items. Growing Market Dynamics: Projected population and income increases within 1-, 3-, 5-mile radii over the next five years poise this Dollar General and Akron for steady concurrent growth.

FOR SALE DETAILS

PRICE

$2,796,000 USD

PRICE/SF

$263 USD /SF

CAP RATE

6.25%

% LEASED

-

TENANCY

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Dollar General

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront

ADD'L SUBTYPES

Convenience Store, Freestanding, Storefront Retail/Office

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2025

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

-

LAND SF

-

ZONING

-

APN/PARCEL ID

10000000233

ASK ABOUT THIS PROPERTY

Michael YurasCushman & WakefieldMore Info
415-852-5177

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Michael YurasCushman & WakefieldMore Info
415-852-5177

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