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Colorado Strip Mall near Crested Butte
720-730 North Main, Gunnison, CO 81230

Colorado Strip Mall
$1,250,000
8,904 SF
$140.39
Retail
Free Standing Bldg
Net Lease Investment with 4 years left on lease
2.5%
8.37%
1
Multiple
1996
R024535, R032037, R032038, R032039, R032040, R032041
-
Find Out More...
Last Verified 5/1/2012
Listing ID 15774623
Highlights
Walmart & City Market Anchored PUD
NNN leases
6 condo units can be sold separately
Metal Bldg in Excellent Condition
Strong Main Street Visibility & Traffic Count
Gunnison is gateway to Crested Butte
Description
NNN leased single building strip center in Walmart and City Market PUD. Stable historical occupancy with very low management responsibility. Building is being sold as whole building but is already divided into 6 condominiumized retail units ready for individual deeded resale. Condo Association handles most day-to-day property management, making ownership management required minimal. Plenty of parking for all businesses with good visibility from Hwy 135.
Gunnison is home to Western State College, Blue Mesa Reservoir, Hartman Rocks, Black Canyon of the Gunnison Nat' l Park, and Taylor Reservoir which all support a fantastic tourist economy. Sitting at the junction of Hwy 50 (major E/W corridor through South Central Colorado) and Hwy 135 (N/S access route from Gunnison to Crested Butte), places Gunnison at the front porch of the Crested Butte Ski Area. The Gunnison County Airport supports daily jet traffic from several major air carriers. The town of Gunnison has a population of 5,400 residents with WSU boasting an additional 2,400 students. Gunnison serves as the county seat to Gunnison County, home to over 14,000 people and cared for by the Gunnison Valley Hospital located just east of the subject property.
Proforma
$136,127
$104,640
Existing
$700,000
assumable
Map of 720-730 North Main, Gunnison, CO 81230 (Gunnison County)
Created 6/25/2008
Additional Information for 720 N Main Street, Gunnison, CO 81230
View the Property Record for this address to access additional information such as historical listings, property details, tax details, owners, mortgages, tenants, and more.
Asking Price Index Trends for Pitkin, CO Retail For Sale
| |
Mar 12 |
vs. 3 mo. prior |
Y-O-Y |
- State | $141 | +1.1% | -6.2% |
View Pitkin Market Trends for other property types for sale or lease. Learn more about the chart info.
The information above has
been obtained from sources believed reliable. While we do not doubt its accuracy we have not verified
it and make no guarantee, warranty or representation about it. It is your responsibility to independently
confirm its accuracy and completeness. Any projections, opinions, assumptions, or estimates used are
for example only and do not represent the current or future performance of the property. The value of
this transaction to you depends on tax and other factors which should be evaluated by your tax, financial,
and legal advisors. You and your advisors should conduct a careful, independent investigation of the
property to determine to your satisfaction the suitability of the property for your needs. TB-PND