1300 E Main St - Fast Food FOR SALE
Cortez, CO 81321 |
$2,380,952 USD
512-766-2711
1300 E Main St
Cortez, CO 81321
HIGHLIGHTS
- Long Term 15-Year Sale Leaseback With Zero Landlord Responsibilities
- Healthy Hedge Against Inflation With 10% Rent Increases Every 5 Years
- Emerge Inc is an Award Winning and Growing Operator With 185-Units Across Four Brands (40+ Unit Gauranty)
- Strong Sales Performance With Healthy Rent to Sales Ratio (Inquire For Details)
- Targeted Demographic For Taco Bell With Limited Competition and a Successful 30 Year Operating History
- Located on E Main St; the Main Throughfare Through Cortez, Which Sees a Daily Traffic Rate of 20,000 VPD
OVERVIEW
Sands Investment Group is Pleased to Exclusively Offer For Sale the 1,622 SF Taco Bell Located at 1300 East Main Street in Cortez, CO. This Deal Includes a Long Term 15-Year Sale Leaseback With Zero Landlord Responsibilities and a Healthy Hedge Against Inflation With 10% Rent Increases Every 5 Years, Providing For a Secure Investment.
In Cooperation With Sands Investment Group - Lic. #1000070604 BoR: Max Freedman - Lic. CO #100070604
FOR SALE DETAILS
PRICE
$2,380,952 USD
PRICE/SF
$1,468 USD /SF
CAP RATE
5.25%
% LEASED
-
TENANCY
Single
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
Taco Bell - Cortez, CO
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Fast Food
ADD'L SUBTYPES
Restaurant, Storefront, Storefront Retail/Office
TOTAL BUILDING SIZE
-
STORIES
1
YEAR BUILT
1994
SPRINKLERS
-
PARKING SPACES
-
LAND DETAILS
LAND ACRES
0.78 AC
LAND SF
33,977 SF
ZONING
C
APN/PARCEL ID
R012896
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512-766-2711
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512-766-2711
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