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Thunderbird petroleum Products LLC 322 CO-96 13,998 SF 100% Leased Retail Building Sheridan Lake, CO 81071 $1,503,953 CAD ($107.44 CAD/SF) 15.14% Cap Rate

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Investment Highlights

  • Highway exposure, Heavy morning foot traffic

Executive Summary

Thunderbird Petroleum Products LLC is a family-owned business that has been serving the community and highway travelers for decades. Conveniently located at the intersection of US Highway 385 and Colorado Highway 96, this site sees approximately 100 trucks passing through daily, with no direct competition for 28 miles in any direction. The area also benefits from the presence of two major grain elevators, driving additional traffic. We are presenting three different offers:
Offer 1:
The shop warehouse with a total of 7000 sq ft with office space, 33x60 round-top building, two-post car lift, air compressor, waste oil furnace, natural gas furnace, shelving, and inventory racks (inventory not included) for $300,000.
Offer 2:
The Bumper to Bumper business which is 7000 sq ft, including a 33x60 round-top building, inventory, and a fully operational business for $900,000.
Offer 3:
The Bumper to Bumper business warehouse which is 7000 sq ft , including the 33x60 round-top building, 60 acres of development land, and a 3-bedroom, 2-bathroom east-facing house,33x60 insulated round top with heated workspace in end for $1.1 million.

Property Facts

Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Auto Repair
Building Size
13,998 SF
Building Class
C
Year Built
1960
Price
$1,503,953 CAD
Price Per SF
$107.44 CAD
Cap Rate
15.14%
NOI
$227,644 CAD
Percent Leased
100%
Building Height
1 Story
  • Listing ID: 30842450

  • Date on Market: 2024-02-01

  • Last Updated:

  • Address: 322 CO-96, Sheridan Lake, CO 81071

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