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217 Spruce St
La Jara, CO 81140
Family Dollar | High NOI 9.76% Cap · Retail Property For Sale
Investment Highlights
- Family Dollar with historical occupancy, commitment to the site, and a lease through December 2025 with two five-year options remaining.
- In-place tenant allows for an easy, hands-off investment with increased incomes scheduled at the next renewal.
- Situated in an established community with a majority of owner-occupied households within a 5-mile radius.
- Site benefits from its location in downtown La Jara with frontage on Spruce Street, which sees over 6,200 vehicles per day.
- Population in a 10-mile radius of the Family Dollar has a noteworthy spending power of over $59.1 million per year.
Property Facts
Property Type
Retail
Property Subtype
Building Size
9,180 SF
Building Class
C
Year Built
2005
Tenancy
Single
Building Height
1 Story
Building FAR
0.21
Lot Size
1.00 AC
Zoning
Commercial - Commercial
Parking
25 Spaces (2.72 Spaces per 1,000 SF Leased)
Frontage
Property Taxes
| Parcel Number | 572114316001 | Improvements Assessment | $145,646 |
| Land Assessment | $19,530 | Total Assessment | $165,176 |
Property Taxes
Parcel Number
572114316001
Land Assessment
$19,530
Improvements Assessment
$145,646
Total Assessment
$165,176
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