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157-177 Craft Dr 64,247 SF Retail Condo Unit Offered at $4,850,000 in Alamosa, CO 81101
PROPERTY FACTS
| Total Building Size | 102,099 SF | Typical Floor Size | 102,099 SF |
| Property Type | Retail (Condo) | Year Built | 1993 |
| Property Subtype | Storefront | Lot Size | 8.01 AC |
| Building Class | B | Opportunity Zone |
Yes
|
| Floors | 1 | ||
| Zoning | Commercial - Commercial Business | ||
| Total Building Size | 102,099 SF |
| Property Type | Retail (Condo) |
| Property Subtype | Storefront |
| Building Class | B |
| Floors | 1 |
| Typical Floor Size | 102,099 SF |
| Year Built | 1993 |
| Lot Size | 8.01 AC |
| Opportunity Zone |
Yes |
| Zoning | Commercial - Commercial Business |
1 UNIT AVAILABLE
Unit 177
| Unit Size | 64,247 SF | Sale Type | Investment |
| Price | $4,850,000 | Cap Rate | 6.77% |
| Price Per SF | $75.49 | NOI | $328,554 |
| Condo Use | Retail |
| Unit Size | 64,247 SF |
| Price | $4,850,000 |
| Price Per SF | $75.49 |
| Condo Use | Retail |
| Sale Type | Investment |
| Cap Rate | 6.77% |
| NOI | $328,554 |
DESCRIPTION
This retail center offers a stable income stream with a diverse tenant mix, including Anytime Fitness, Harbor Freight Tools, Aaron’s Appliances, and four additional established tenants with an average tenancy of over 9 years. The property maintains a strong occupancy rate with long-term leases and is in solid condition, presenting a reliable investment. Strategically located in a high-traffic area, this center ensures consistent foot traffic and visibility. Additionally, four undeveloped pad sites provide significant upside potential for development or sales revenue. Don’t miss this turnkey investment with proven performance and substantial growth opportunities.
NEARBY MAJOR RETAILERS
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157-177 Craft Dr
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