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7-Eleven 1011 37th St 2,640 SF Retail Building Evans, CO 80620 $691,695 CAD ($262.01 CAD/SF) 6.02% Cap Rate
INVESTMENT HIGHLIGHTS
- Prime brick retail building
- Zoned C3 regional commerical
- Excellent visability
EXECUTIVE SUMMARY
Excellent location for this prime brick retail building. Former 7-11 located in an opportunity zone on the corner of 37th Street and Highway 85 in Evans Colorado providing excellent visibility and traffic counts around 24K. This property is zoned C3 Regional Commercial. The intent of the C-3 zone district is to encourage and promote vehicle-centric uses that serve the needs of the region, including large-scale shopping and entertainment centers. The gas tanks have been removed and a NFA is expected around the 15th of December. Buyer to verify all information in due diligence.
FINANCIAL SUMMARY (ACTUAL - 2024) Click Here to Access |
ANNUAL (CAD) | ANNUAL PER SF (CAD) |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Taxes |
$99,999
|
$9.99
|
| Operating Expenses |
$99,999
|
$9.99
|
| Total Expenses |
$99,999
|
$9.99
|
| Net Operating Income |
$99,999
|
$9.99
|
FINANCIAL SUMMARY (ACTUAL - 2024) Click Here to Access
| Gross Rental Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Taxes (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Operating Expenses (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Total Expenses (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
PROPERTY FACTS
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Convenience Store
Building Size
2,640 SF
Building Class
C
Year Built
1976
Price
$691,695 CAD
Price Per SF
$262.01 CAD
Cap Rate
6.02%
NOI
$41,614 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.35
Lot Size
0.17 AC
Opportunity Zone
Yes
Zoning
C3
Parking
8 Spaces (3.03 Spaces per 1,000 SF Leased)
Frontage
AMENITIES
- Pylon Sign
- Signage
PROPERTY TAXES
| Parcel Number | R3889486 | Total Assessment | $265,713 CAD (2025) |
| Land Assessment | $50,881 CAD (2025) | Annual Taxes | -$1 CAD ($0.00 CAD/SF) |
| Improvements Assessment | $214,832 CAD (2025) | Tax Year | 2024 |
PROPERTY TAXES
Parcel Number
R3889486
Land Assessment
$50,881 CAD (2025)
Improvements Assessment
$214,832 CAD (2025)
Total Assessment
$265,713 CAD (2025)
Annual Taxes
-$1 CAD ($0.00 CAD/SF)
Tax Year
2024
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7-Eleven | 1011 37th St
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