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22 Fawn Dr - Aim High Land & Buildings 3.49 Acres of Commercial Land Offered at $2,950,000 in Tabernash, CO 80478

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INVESTMENT HIGHLIGHTS

  • NNN lease on the Aim High (REIC) yard space and building
  • NOI ~198,000
  • Under rented 4 bed + 4 bath house (2 units)

EXECUTIVE SUMMARY

Prime Investment Opportunity - NNN Retail Property with Residential Rental Component. This exceptional offering includes a fully leased commercial property anchored by a high-quality national tenant under a 5-year NNN lease with a 5-year extension option, delivering a solid 7% cap rate. The tenant provides strong stability and consistent income, making this an attractive investment for both seasoned and first-time investors. In addition to the commercial buildings, the property includes a 4-bedroom, 4-bathroom residence currently rented to the seller's family at below-market rates, providing additional upside for future rental income.
Key Highlights:
- 7% Cap Rate with long-term national tenant
- NNN Lease - 5 years remaining plus 5-year extension option
- 4 Bed / 4 Bath House included (currently under-rented, future upside)
- Sale includes land, house, propane installation and buildings
- Business and equipment of Aim High (REIC) excluded from sale
Formerly Indian Peaks Rental, property is now operated by Aim High, a division of REIC
This rare investment combines secure commercial cash flow with residential rental income potential, creating a diversified income stream in one property.
Please schedule a tour and do not disturb tenants

FINANCIAL SUMMARY (ACTUAL - 2024)

ANNUAL ANNUAL PER AC
Gross Rental Income - -
Other Income - -
Vacancy Loss - -
Effective Gross Income - -
Net Operating Income $198,000 $56,733.52

FINANCIAL SUMMARY (ACTUAL - 2024)

Gross Rental Income
Annual -
Annual Per AC -
Other Income
Annual -
Annual Per AC -
Vacancy Loss
Annual -
Annual Per AC -
Effective Gross Income
Annual -
Annual Per AC -
Net Operating Income
Annual $198,000
Annual Per AC $56,733.52

PROPERTY FACTS

Price $2,950,000
Sale Type Investment
Sale Conditions
1031 Exchange
  • Ground Lease (Leasehold)
No. Lots 1
Property Type Land
Property Subtype Commercial
Total Lot Size 3.49 AC
Zoning Business

1 LOT AVAILABLE

Lot

Price $2,950,000
Price Per AC $845,272.21
Lot Size 3.49 AC

Prime Investment Opportunity - NNN Retail Property with Residential Rental Component. This exceptional offering includes a fully leased commercial property anchored by a high-quality national tenant under a 5-year NNN lease with a 5-year extension.

  • Listing ID: 37385930

  • Date on Market: 8/22/2025

  • Last Updated:

  • Address: 22 Fawn Dr, Tabernash, CO 80478

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