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Erie Commons- Building B 149 S Briggs St 8,110 SF 100% Leased Retail Building Erie, CO 80516 $3,350,208 CAD ($413.10 CAD/SF) 6.60% Cap Rate
INVESTMENT HIGHLIGHTS
- Stand alone building on Briggs
- $297/sq ft and 6.6% Cap Rate
- Tenant mix includes: Cristos Coffee, Fitness Underground, Compass Real Estate & The Dugout
- Call Broker for Financials
EXECUTIVE SUMMARY
They say location is everything - and 149 S Briggs sits exactly where Erie begins. This locally loved community hub is home to thriving tenants, right on the town's main drag and steps from all the downtown buzz. It's an investor's delight: great cap rate, strong tenants, iconic curb appeal, and bragging rights baked in. Everyone knows this building - now you can own it.
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront Retail/Office
Building Size
8,110 SF
Building Class
B
Year Built
2008
Price
$3,350,208 CAD
Price Per SF
$413.10 CAD
Cap Rate
6.60%
NOI
$221,114 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.29
Lot Size
0.64 AC
Zoning
PD
Parking
30 Spaces (3.7 Spaces per 1,000 SF Leased)
Frontage
481’ on Briggs St
NEARBY MAJOR RETAILERS
1 of 7
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Erie Commons- Building B | 149 S Briggs St
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