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Power World 61000 Us Highway 40 12,458 SF Retail Building Granby, CO 80446 $3,278,252 CAD ($263.14 CAD/SF) 7.54% Cap Rate
Investment Highlights
- Excellent visibility with NNN lease in place until 12/2028
- Prime redevelopment opportunity - add 3.38 ac adjacent property for 6.93 ac total
Executive Summary
Strategic commercial real estate opportunity in the core highway corridor of Granby, Colorado. Offered real estate only -- not the operating business -- this property delivers an in-place lease producing a 7.54% cap rate, positioning it as a stabilized, income-generating mountain asset.
Note: The Power World business is also available for sale.
Investment highlights: -Highway frontage in a supply-constrained mountain market -Functional retail/service configuration with limited local competition -Established commercial corridor positioning -Barrier-to-entry market driven by land constraints and entitlement friction
Located along US Highway 40, the primary east-west artery connecting Winter Park, Fraser, Granby, and Grand Lake, the site benefits from consistent year-round traffic, direct access, and high visibility. The improvements are purpose-built for large-format retail and service use, featuring expansive showroom space, multiple service bays, parts storage, and generous on-site parking suitable for trailers and seasonal volume.
Granby continues to benefit from resort-driven demand tied to Winter Park Resort and expanding residential development throughout Grand County. Commercial buildings of this scale, particularly along Highway 40, are limited. Replacement cost, zoning constraints, and infrastructure realities create a meaningful moat around well-located assets.
This is an income-forward acquisition with strong visibility, practical utility, and long-term positioning in a mountain market where quality commercial inventory rarely trades at scale.
For investors seeking stable yield and strategic frontage in Grand County, this offering delivers both.
Note: The Power World business is also available for sale.
Investment highlights: -Highway frontage in a supply-constrained mountain market -Functional retail/service configuration with limited local competition -Established commercial corridor positioning -Barrier-to-entry market driven by land constraints and entitlement friction
Located along US Highway 40, the primary east-west artery connecting Winter Park, Fraser, Granby, and Grand Lake, the site benefits from consistent year-round traffic, direct access, and high visibility. The improvements are purpose-built for large-format retail and service use, featuring expansive showroom space, multiple service bays, parts storage, and generous on-site parking suitable for trailers and seasonal volume.
Granby continues to benefit from resort-driven demand tied to Winter Park Resort and expanding residential development throughout Grand County. Commercial buildings of this scale, particularly along Highway 40, are limited. Replacement cost, zoning constraints, and infrastructure realities create a meaningful moat around well-located assets.
This is an income-forward acquisition with strong visibility, practical utility, and long-term positioning in a mountain market where quality commercial inventory rarely trades at scale.
For investors seeking stable yield and strategic frontage in Grand County, this offering delivers both.
Financial Summary (Actual - 2025) |
Annual (CAD) | Annual Per SF (CAD) |
|---|---|---|
| Gross Rental Income |
-
|
-
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
-
|
-
|
| Net Operating Income |
$247,121
|
$19.84
|
Financial Summary (Actual - 2025)
| Gross Rental Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Other Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Net Operating Income (CAD) | |
|---|---|
| Annual | $247,121 |
| Annual Per SF | $19.84 |
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Building Size
12,458 SF
Building Class
C
Year Built
1999
Price
$3,278,252 CAD
Price Per SF
$263.14 CAD
Cap Rate
7.54%
NOI
$247,121 CAD
Tenancy
Single
Building Height
2 Stories
Building FAR
0.08
Lot Size
3.55 AC
Zoning
Mulit-Use - HGB - Highway General Business - Most uses including Multi-Family
Frontage
200’ on Hwy 40
Major Tenants
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease End
- Power World Llc
- Retailer
- -
- -
- Dec 2019
| Tenant | Industry | SF Occupied | Rent/SF | Lease End | ||
| Power World Llc | Retailer | - | - | Dec 2019 |
Property Taxes
| Parcel Number | R123925 | Improvements Assessment | $579,144 CAD |
| Land Assessment | $646,269 CAD | Total Assessment | $1,225,413 CAD |
Property Taxes
Parcel Number
R123925
Land Assessment
$646,269 CAD
Improvements Assessment
$579,144 CAD
Total Assessment
$1,225,413 CAD
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Power World | 61000 Us Highway 40
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