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1230 S Townsend Ave
Montrose, CO 81401
O'Reilly Auto Parts · Retail Property For Sale
PROPERTY FACTS
ABOUT 1230 S TOWNSEND AVE , MONTROSE, CO 81401
Single-Tenant O'Reilly Auto Parts (NASDAQ: ORLY): - Rare absolute NNN lease with no landlord maintenance or managerial responsibilities, offering passive income - 6 years remaining on the primary lease - Four 5-year options with 10% rental increases Well Positioned: Along South Townsend Avenue with average daily traffic volumes estimated at 24,500; directly across from a Safeway Grocer High Growth Trade Area: The 3-mile trade area grew by an unprecedented 41.75% from 2000-2010, and is expected to grow by an additional 8.20% from 2018-2023
PROPERTY TAXES
| Parcel Number | R0022289 | Improvements Assessment | $266,650 |
| Land Assessment | $93,680 | Total Assessment | $360,330 |
PROPERTY TAXES
