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Alta: La Jara, CO 320 Spruce St 3,396 SF 100% Leased Retail Building La Jara, CO 81140 $2,415,634 CAD ($711.32 CAD/SF) 6.25% Cap Rate
Investment Highlights
- Operating history of over 43 years.
- Absolute NNN lease features ±14.5 years remaining and zero landlord obligations as Tenant is solely responsible for taxes, insurance and maintenance.
- 7.5% rent increases in 2031, 2036 and in each of the four 5-year renewal options.
Executive Summary
CBRE is pleased to exclusively offer for sale the 3,396-square-foot Alta convenience store and gas station situated on 0.46 acres in La Jara, CO. Alta’s absolute NNN lease features ±14.5 years remaining and zero landlord obligations as Tenant is solely responsible for taxes, insurance and maintenance.
Business is not for sale.
Business is not for sale.
Property Facts
Sale Type
Investment NNN
Property Type
Retail
Building Size
3,396 SF
Year Built
1983
Price
$2,415,634 CAD
Price Per SF
$711.32 CAD
Cap Rate
6.25%
NOI
$150,976 CAD
Percent Leased
100%
Building Height
1 Story
Parking
18 Spaces (5.3 Spaces per 1,000 SF Leased)
Somewhat walkable
30/100
Exceptionally drivable
100/100
Somewhat bikeable
20/100
Property Taxes
| Parcel Number | 572114321007 | Improvements Assessment | $0 CAD |
| Land Assessment | $0 CAD | Total Assessment | $143,378 CAD |
Property Taxes
Parcel Number
572114321007
Land Assessment
$0 CAD
Improvements Assessment
$0 CAD
Total Assessment
$143,378 CAD
Contacts
-
Thomas Carr -
Brian Pfohl -
Christopher Bosworth -
Jon Rue -
Ty Grenier -
Leah Lindell -
Abby Kelly -
CBRE
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Alta: La Jara, CO | 320 Spruce St
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