Share This Listing

Message

959 characters remaining

Hmm, there seems to have been an error sending your message. Please try again.

Your email has been sent.

Still interested?

Contact the brokers for more information about this property

Investment Highlights

  • Fully leased to national and local tenants with long-term NNN leases in place
  • Little Daisy Liquor offers strong local brand equity and diversified product mix
  • Minimal landlord obligations and stable income stream in a high-demand corridor
  • Anchored by Family Dollar, a credit-rated national retailer with corporate guarantee
  • Prime highway frontage with exposure to regional and tourist traffic

Executive Summary

Positioned along the high-visibility corridor of US Highway 24 in Buena Vista, Colorado, 401 US Highway 24 N presents a rare opportunity to acquire a fully occupied, dual-tenant NNN retail asset with long-term income stability. Anchored by a corporately guaranteed Family Dollar lease through June 2030 and complemented by the locally beloved Little Daisy Liquor through July 2031, this ±13,230-square-foot center offers investors a secure and diversified revenue stream with minimal landlord responsibilities.
Strategically located between Poncha Springs and Leadville, the property benefits from over 147 feet of highway frontage and captures steady traffic from commuters, regional residents, and year-round tourists drawn to the Arkansas Valley’s outdoor recreation. The site serves not only Buena Vista’s 2,800 residents but also the broader Chaffee County population and a growing eco-tourism base. Family Dollar, a subsidiary of Dollar Tree, brings national credit strength and recession-resilient retail performance, while Little Daisy Liquor contributes local brand loyalty and consistent foot traffic. The liquor store’s strong online reputation and niche product offerings, including disc golf gear, enhance its community appeal and retail synergy. With a current NOI of $159,572 and both tenants on long-term NNN leases, this asset offers predictable cash flow, low operational overhead, and a compelling foothold in one of Colorado’s most scenic and economically stable mountain towns.

Property Facts

Sale Type
Investment
Property Type
Retail
Building Size
13,230 SF
Building Class
C
Year Built
1995
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.18
Lot Size
1.65 AC
Opportunity Zone
Yes
Parking
42 Spaces (3.17 Spaces per 1,000 SF Leased)
Frontage
147’ on U.S. Highway 24

Amenities

  • Air Conditioning

Major Tenants

  • Tenant
  • Industry
  • SF Occupied
  • Rent/SF
  • Lease End
  • Retailer
  • -
  • -
  • -

Family Dollar began in 1959 as a discount variety store chain and grew from a neighborhood retail concept into a nationwide business serving everyday shopping needs. The company focuses on affordable family essentials and carries food and beverages, paper products, health and beauty supplies, pet food, home products, apparel and accessories, seasonal goods, and electronics. Family Dollar supports convenient value shopping through national brands, private-label items, and digital savings tools across the United States.

  • Little Daisy Liquor Store
  • Retailer
  • -
  • -
  • -
Tenant Industry SF Occupied Rent/SF Lease End
Retailer - - -
Little Daisy Liquor Store Retailer - - -
Somewhat walkable
20/100
Exceptionally drivable
100/100
Fairly bikeable
50/100

Nearby Major Retailers

City Market
TBK Bank
CrossFit

Property Taxes

Property Taxes

Parcel Number
R327108443438
Land Assessment
$158,446 CAD
Improvements Assessment
$583,327 CAD
Total Assessment
$741,772 CAD
  • Listing ID: 37292783

  • Date on Market: 2025-08-15

  • Last Updated:

  • Address: 401 Us Highway 24 N, Buena Vista, CO 81211

Link copied
Your LoopNet account has been created!

Please Share Your Feedback

We welcome any feedback on how we can improve LoopNet to better serve your needs.
X
{{ getErrorText(feedbackForm.starRating, "rating") }}
255 character limit ({{ remainingChars() }} charactercharacters remainingover)
{{ getErrorText(feedbackForm.msg, "rating") }}
{{ getErrorText(feedbackForm.fname, "first name") }}
{{ getErrorText(feedbackForm.lname, "last name") }}
{{ getErrorText(feedbackForm.phone, "phone number") }}
{{ getErrorText(feedbackForm.phonex, "phone extension") }}
{{ getErrorText(feedbackForm.email, "email address") }}