701 E Valley Rd - Convenience Store FOR SALE


Basalt, CO 81621
$17,995,000 USD
970-618-5648
701 E Valley Rd, Basalt, CO for Sale
$17,995,000 USD
Convenience Store - FOR SALE
1/40
null | Request Cap Rate

701 E Valley Rd
Basalt, CO 81621


OVERVIEW

The Willits General Store is a 0.9-acre trophy property functioning as a gas station, convenience store, Willits Grill, and car wash. It is strategically located in the Willits Town Center, a bustling area anchored by some of the region's top-performing grocery stores, including Whole Foods and City Market, along with numerous Class A commercial and residential developments. Nearby amenities include Starbucks, The Steadman Clinic, the new Hoffman Hotel, Tree Farm Development, Park Modern, numerous restaurants, and The Arts Campus at Willits. Situated at a prominent corner with entry access, the property benefits from a daily traffic flow of approximately 28,000 vehicles, 3.5 times the combined population of Basalt and El Jebel. Since its completion in 2003, the Conoco station has featured eight covered fuel pumps, the Willits Wash car wash, a convenience store, and seven fully leased commercial spaces totaling 10,000 square feet. Key highlights include: - Exceptional co-tenancy. - Prime location in the heart of the Roaring Fork Valley, between Aspen and Glenwood. - 100% leased commercial spaces. - One of only seven gas stations on Highway 82 in the upper valley. One of two in the Willits area. - Termination option on the fuel contract, offering flexibility not found in other gas station properties. - Redevelopment clauses do not restrict the upstairs commercial space. - Sale includes gas station and c-store business and real estate.

FOR SALE DETAILS

PRICE

$17,995,000 USD

PRICE/SF

$1,730 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Convenience Store

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

2003

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.91 AC

LAND SF

39,640 SF

ZONING

-

APN/PARCEL ID

R052923

ASK ABOUT THIS PROPERTY

Lex TarumianzAspen Snowmass-Sotheby's International RealtyMore Info
970-618-5648

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Lex TarumianzAspen Snowmass-Sotheby's International RealtyMore Info
970-618-5648

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