809 Main Street - Freestanding FOR SALE


Antonito, CO 81120
$925,000 USD
415-307-9010
809 Main Street, Antonito, CO for Sale
$925,000 USD
Freestanding - FOR SALE
1/1
null | 8% Cap Rate

809 Main Street
Antonito, CO 81120


HIGHLIGHTS

  • Family Dollar with approximately 3 years remaining on the primary lease term with four, 5-year options and rental increases in each option period
  • Family Dollar Corporate has submitted a signed LOI for this store to become a Family Dollar/Dollar Tree combo store (contact broker for details)
  • Family Dollar recently extended their lease in April 2022, showing commitment to the location and store
  • Above average sales for this location with limited competition in the 10-mile radius (contact agent for details)
  • US Route 285 runs through Antonito, CO, and connects directly to Interstate 25, which connects straight to Santa Fe, NM, the Capital of New Mexico
  • Subject property is located approximately 28 miles from Alamosa, CO, with a population of 10,000 and home to San Luis Valley Regional Airport

OVERVIEW

Recently extended lease with above average store sales

FOR SALE DETAILS

PRICE

$925,000 USD

PRICE/SF

$116 USD /SF

CAP RATE

8%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Family Dollar

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2012

SPRINKLERS

-

PARKING SPACES

21

LAND DETAILS

LAND ACRES

0.7 AC

LAND SF

30,492 SF

ZONING

-

APN/PARCEL ID

598720413001

ASK ABOUT THIS PROPERTY

Zandy SmithCP Partners CREMore Info
415-307-9010

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Zandy SmithCP Partners CREMore Info
415-307-9010

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