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921 E Main St
Florence, CO 81226
Alta: Florence, CO · Retail Property For Sale
Investment Highlights
- Operating history of over 29 years.
- Absolute NNN lease features ±14.5 years remaining and zero landlord obligations as Tenant is solely responsible for taxes, insurance and maintenance.
- 7.5% rent increases in 2031, 2036 and in each of the four 5-year renewal options.
Executive Summary
CBRE is pleased to exclusively offer for sale the 4,296-square-foot Alta convenience store and gas station situated on 0.52 acres in Alamosa, CO. Alta’s absolute NNN lease features ±14.5 years remaining and zero landlord obligations as Tenant is solely responsible for taxes, insurance and maintenance.
Business is not for sale.
Business is not for sale.
Property Facts
Sale Type
Investment NNN
Property Type
Retail
Building Size
4,444 SF
Building Class
C
Year Built
1997
Price
$3,925,669 CAD
Price Per SF
$883.36 CAD
Cap Rate
6.50%
NOI
$255,168 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.10
Lot Size
0.99 AC
Opportunity Zone
Yes
Parking
11 Spaces (2.48 Spaces per 1,000 SF Leased)
Frontage
616’ on East Main Street
1 of 12
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