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916 State Highway 115
Penrose, CO 81240
Alta: Penrose, CO · Retail Property For Sale

INVESTMENT HIGHLIGHTS

  • Operating history of over 50 years.
  • Absolute NNN lease features ±15.3 years remaining and zero landlord obligations as Tenant is solely responsible for taxes, insurance and maintenance
  • 7.5% rent increases in 2031, 2036 and in each of the four 5-year renewal options.

PROPERTY FACTS

Property Type
Retail
Property Subtype
Service Station
Building Size
18,870 SF
Building Class
C
Year Built
1975
Tenancy
Single
Building Height
1 Story
Building FAR
0.05
Lot Size
8.13 AC
Parking
21 Spaces (0 Spaces per 1,000 SF Leased)
Frontage
365’ on Colorado 115

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
000069003910
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$211,506
  • Listing ID: 38104988

  • Date on Market: 10/16/2025

  • Last Updated:

  • Address: 916 State Highway 115, Penrose, CO 81240

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