720-730 North Main, Gunnison, CO, 81230 - Available for Sale

Retail For Sale

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Colorado Strip Mall near Crested Butte

720-730 North Main, Gunnison, CO 81230

Colorado Strip Mall

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.

Financial Summary

Debt & Equity Information

  • Proforma
  • $136,127
  • $104,640

Map of 720-730 North Main, Gunnison, CO 81230 (Gunnison County)

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Created 6/25/2008

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Thomas Morgan, CCIM
Thomas Morgan, CCIM

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Additional Information for 720 N Main Street, Gunnison, CO 81230

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.