1300 E Main St | Cortez, CO 81321
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- LoopNet Team
1300 E Main St
Cortez, CO 81321
Taco Bell - Cortez, CO · Retail Property For Sale
Investment Highlights
- Long-term 15-year sale leaseback with zero landlord responsibilities.
- Emerge Inc. is an award-winning and growing operator with 185 units across four brands (40+ unit guarantee).
- Targeted demographic for Taco Bell with limited competition and a successful 30-year operating history.
- Healthy hedge against inflation with 10% rent increases every 5 years.
- Strong sales performance with a healthy rent-to-sales ratio (inquire for details).
- Located on E Main St, the main thoroughfare through Cortez, which sees a daily traffic rate of 20,000 VPD.
Property Facts
Property Type
Retail
Property Subtype
Building Size
1,622 SF
Building Class
C
Year Built
1994
Tenancy
Single
Building Height
1 Story
Building FAR
0.05
Lot Size
0.78 AC
Zoning
C
Parking
21 Spaces (10 Spaces per 1,000 SF Leased)
Frontage
155’ on East Main Street
Property Taxes
| Parcel Number | R012896 | Improvements Assessment | $42,942 |
| Land Assessment | $73,454 | Total Assessment | $116,396 |
Property Taxes
Parcel Number
R012896
Land Assessment
$73,454
Improvements Assessment
$42,942
Total Assessment
$116,396
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