316 W Aspen Ave - Drug Store FOR SALE


Fruita, CO 81521
$5,220,000 USD
818-231-2477
316 W Aspen Ave, Fruita, CO for Sale
$5,220,000 USD
Drug Store - FOR SALE
1/6
null | 6.8% Cap Rate

316 W Aspen Ave
Fruita, CO 81521


HIGHLIGHTS

  • Absolute NNN lease with zero landlord responsibilities
  • High performing location with strong sales
  • Assumable financing with favorable terms (3.82% interest rate) available
  • Down the street from I-70, a major east–west Interstate Highway in the US
  • Signalized corner location
  • Down the street (0.6 miles) from James M. Robb - Colorado River State Park

OVERVIEW

Kidder Mathews is pleased to offer the rare opportunity to acquire this investment opportunity. This property is 100% leased by Walgreens Pharmacy (“Tenant”) at 316 W Aspen Ave, Fruita, CO 81521 ("Property"). This opportunity consists of a freestanding single-tenant property leased to Walgreens Co in Fruita, Colorado. All property maintenance is tenant’s responsibility. The property is on a signalized corner location with high visibility near large interstate highways. Assumable financing with favorable terms (3.82% interest rate) is available.

FOR SALE DETAILS

PRICE

$5,220,000 USD

PRICE/SF

$374 USD /SF

CAP RATE

6.8%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Walgreens

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Drug Store

ADD'L SUBTYPES

Freestanding, Department Store

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2007

SPRINKLERS

-

PARKING SPACES

63

LAND DETAILS

LAND ACRES

1.77 AC

LAND SF

77,101 SF

ZONING

DCRD

APN/PARCEL ID

2697-172-29-002

ASK ABOUT THIS PROPERTY

Joshua LuchsKidder MathewsMore Info
818-231-2477

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Joshua LuchsKidder MathewsMore Info
818-231-2477

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