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Albertsons NNN - Pueblo, CO
1545 S Prairie Ave, Pueblo, CO 81005
Last Verified 4/13/2010
Listing ID 16063313
Description
For Sale:
Current lease-term has been extended to 2016.
Property is now being offered at an 9.5% Cap Rate with $237,916.25 mailbox income per year for the years 2010-2016.
Tenant has four unexercised 5-yr options remaining:
Option 6 at the rate of $287,880.00 per annum will provide a Cap Rate of 11.5%+ (a 17.36% income increase over the previous lease term).
Option 7 at the rate of $316,668.00 per annum will provide a Cap Rate of 12.66%+.
Option 8 at the rate of $348,335.00 per annum will provide a Cap Rate of 13.93%+.
Option 9 at the rate of $383,168.00 per annum will provide a Cap Rate of 15.32%+.
Don't miss this great investment opportunity!
For additional information go to:
Northern Ave/Hwy 78 to Prairie Ave south to property
Map of 1545 S Prairie Ave, Pueblo, CO 81005 (Pueblo County)
Created 1/18/2009
Additional Information for 1545 S Prairie Avenue, Pueblo, CO 81005
View the Property Record for this address to access additional information such as historical listings, property details, tax details, owners, mortgages, tenants, and more.
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-BSO