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34132 Highway 285 546 SF Retail Building Villa Grove, CO 81155 $792,129 CAD ($1,450.79 CAD/SF) 25% Cap Rate



Executive Summary
Welcome to Primo Cannabis, the Wild West Weed Shop. This Old West-themed recreational store located on Highway 285 in Villa Groove, Colorado boasts an excellent location for heavy traffic with over 2,400 cars per day passing by. The store has over 300 local loyalty point users in its database with tourist traffic from around the world due to the proximity of world-class hot springs, Crestone, Colorado, and the Great Sand Dunes National Park. This is a complete turnkey setup with everything you need to continue this successful business including security cameras, state-of-the-art bookkeeping & POS system, check-in room, employee break room, safe, license, and bathroom. Villa Grove is a historic stopping point for travelers driving along the beautiful Sangre De Cristo mountain range and this shop scores a 10 on visibility, easy pull-off, and plenty of parking for quick stops. Books are on point with no debt and ready for you to start making money right out of the gate. SOPs and training available for new owners. Reliable hardworking crew that would love to stay on working.
Property Facts
Sale Type
Investment or Owner User
Sale Condition
Business Value Included
Property Type
Retail
Building Size
546 SF
Year Built
2018
Price
$792,129 CAD
Price Per SF
$1,450.79 CAD
Cap Rate
25%
NOI
$198,032 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.09
Lot Size
0.14 AC
Zoning
Commercial
Amenities
- 24 Hour Access
- Controlled Access
- Corner Lot
- Freeway Visibility
- Security System
- Tenant Controlled HVAC
Exceptionally drivable
100/100
Property Taxes
| Parcel Number | 422111305012 | Improvements Assessment | $31,443 CAD |
| Land Assessment | $577 CAD | Total Assessment | $32,020 CAD |
Property Taxes
Parcel Number
422111305012
Land Assessment
$577 CAD
Improvements Assessment
$31,443 CAD
Total Assessment
$32,020 CAD
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34132 Highway 285
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