Log In/Sign Up
Your email has been sent.
27152 Main St 65,800 SF 100% Leased 4-Star Retail Building Conifer, CO 80433 $22,280,028 CAD ($338.60 CAD/SF) 6.50% Cap Rate
Investment Highlights
- Prime Asset in Affluent Colorado Mountain Town | High-Performing Grocery Store | Extremely Limited Competition
- 2023 Renovations & Expansion
- Direct Consumer Base | Six-Figure Incomes | Proximity to Denver | Strong Demographics in 5-Mile Trade Area
- Over 6 Years WALT with 9 (5-Year) Options | Corporate Signed, NNN Leases | Limited Landlord Responsibilities | Well-Known & Established Brand
- Centrally Located off U.S. Highway 285 (22,000 VPD) | Conifer Town Center | Primary Retail Corridor | Nearby School
Executive Summary
SRS National Net Lease Group is pleased to offer the opportunity to acquire two corporate signed (NYSE: ACI) Safeway investment properties located in Conifer, Colorado, an affluent mountain community located 40 minutes from Denver. The offering consists of a 65,000 SF Safeway grocery store (fee simple ownership), and a 1.19-acre gas station fuel pad (ground lease). The tenant recently exercised their first renewal options in both leases and now has over six years remaining on the current lease terms, with nine (9) remaining five-year options to extend. Both leases are structured as NNN with corporate signatures, offering a stable, low-management investment opportunity ideal for passive investors. Founded in 1915, Safeway is a leading American supermarket chain, and currently operates as a banner of Albertsons Companies (NYSE: ACI). In 2023, the grocery store underwent renovations and integrated the adjoining liquor store, now rebranded under the Safeway name, enhancing the overall customer experience. The Safeway at Conifer Town Center ranks in the top 15% of grocery stores in the state by foot traffic, per Placer.ai. With the next closest Safeway located more than 8 miles away, and significant barriers to entry for new development in the trade area, the site benefits from extremely limited competition.
Property Facts
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Building Size
65,800 SF
Building Class
A
LoopNet Rating
4 Star
Year Built
2006
Price
$22,280,028 CAD
Price Per SF
$338.60 CAD
Cap Rate
6.50%
NOI
$1,448,232 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Loading Docks
3 Exterior
Building FAR
0.11
Lot Size
13.58 AC
Zoning
P-D - Planned Development
Parking
440 Spaces (6.69 Spaces per 1,000 SF Leased)
Frontage
Amenities
- Dedicated Turn Lane
- Freeway Visibility
- Signage
Major Tenants Click Here to Access
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease Type
- Lease End
-
- Retailer
-
99,999 SF
- -
-
Lorem Ipsum
-
Jan 0000
Safeway, founded in 1915 by M.B. Skaggs, is a leading U.S. supermarket chain now operating as a subsidiary of Albertsons Companies. The Waldorf Marketplace location serves the Waldorf and surrounding communities with grocery, pharmacy, bakery, deli, floral, and fuel center services. This store participates in Safeway’s digital loyalty program (Safeway for U™) and offers same-day pickup and delivery services. Safeway combines neighborhood-level service with national supply-chain support. With over 900 stores and 250,000 employees under Albertsons, the brand emphasizes freshness, convenience, and community presence while benefiting from multibillion-dollar scale.
- Safeway Gas Station
- Mining, Quarrying, and Oil and Gas Extraction
-
99,999 SF
- -
-
Lorem Ipsum
-
Jan 0000
| Tenant | Industry | SF Occupied | Rent/SF | Lease Type | Lease End | |
|
|
Retailer | 99,999 SF | - | Lorem Ipsum | Jan 0000 | |
| Safeway Gas Station | Mining, Quarrying, and Oil and Gas Extraction | 99,999 SF | - | Lorem Ipsum | Jan 0000 |
Nearby Major Retailers
Property Taxes
| Parcel Number | 61-144-01-027 | Improvements Assessment | $2,317,462 CAD |
| Land Assessment | $0 CAD | Total Assessment | $2,317,462 CAD |
Property Taxes
Parcel Number
61-144-01-027
Land Assessment
$0 CAD
Improvements Assessment
$2,317,462 CAD
Total Assessment
$2,317,462 CAD
1 of 9
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
Presented by
27152 Main St
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.
Your message has been sent!
Activate your LoopNet account now to track properties, get real-time alerts, save time on future inquiries, and more.