Log In/Sign Up
Your email has been sent.
600 Airport Rd 4,439 SF Retail Building Rifle, CO 81650 $5,011,563 CAD ($1,128.98 CAD/SF) 6.75% Cap Rate
INVESTMENT HIGHLIGHTS
- Conveniently located along Interstate 70 in a major retail corridor
- Location has been ranked among the Top 50 Culver's nationwide for operator performance
- Benefits from CDOT wayfinding signage off Exit 90 of Interstate 70
- Lease in place through 2035 with 2 options of 10 years each
- Located at the signalized intersection
EXECUTIVE SUMMARY
Impact Commercial Real Estate and Quiver Investments, LLC are pleased to exclusively market for sale a single tenant net leased Culver’s positioned along I-70 in Rifle, Colorado. The property was built in 2020 with a long-term lease running through 2035. The lease features 10% rental escalations every five years throughout the primary terms and 2 options of 10 years each. This 4,439 square-foot building is strategically located at the signalized intersection of Airport Road and Megan Ave, which is just off of Exit 90 for I-70 and with frontage along Airport Road which accesses the nearby regional airport and Colorado Mountain College.
Nearby businesses include Walmart, Starbucks, McDonald’s, Arby’s, Hampton Inn, LaQuinta Inn, Sonic, O’Reilly’s, Maverik, Auto Zone, Taco Bell, and many others. The location caters to a diverse customer base including not only the local population, but also the significant amount of visitor traffic along the busy Interstate 70 corridor, nearby new construction gas station and the surrounding hotels.
Nearby businesses include Walmart, Starbucks, McDonald’s, Arby’s, Hampton Inn, LaQuinta Inn, Sonic, O’Reilly’s, Maverik, Auto Zone, Taco Bell, and many others. The location caters to a diverse customer base including not only the local population, but also the significant amount of visitor traffic along the busy Interstate 70 corridor, nearby new construction gas station and the surrounding hotels.
PROPERTY FACTS
Sale Type
Investment NNN
Sale Condition
1031 Exchange
Property Type
Building Size
4,439 SF
Building Class
C
Year Built
2020
Price
$5,011,563 CAD
Price Per SF
$1,128.98 CAD
Cap Rate
6.75%
NOI
$338,436 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.08
Lot Size
1.29 AC
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | R084445 | Improvements Assessment | $825,887 CAD |
| Land Assessment | $333,914 CAD | Total Assessment | $1,159,801 CAD |
PROPERTY TAXES
Parcel Number
R084445
Land Assessment
$333,914 CAD
Improvements Assessment
$825,887 CAD
Total Assessment
$1,159,801 CAD
1 of 2
VIDEOS
MATTERPORT 3D EXTERIOR
MATTERPORT 3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
Presented by
600 Airport Rd
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.