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2314-2318 Thatcher Ave 2,116 SF 100% Leased Retail Building Pueblo, CO 81004 $425,000 ($200.85/SF) 8.56% Cap Rate
Investment Highlights
- Heavy traffic count on main road
- Great cash on cash return.
- Fully leased with a balanced mix of local businesses, creating stable cash flow and reducing risk
- Great current tenant mix
- Priced under $500K with an 8% CAP rate, this property offers a solid return on investment
Executive Summary
Unlock a lucrative investment opportunity with this centrally located retail center in the growing city of Pueblo, Colorado! With Pueblo’s expanding economy and increasing demand for retail, this property is poised for appreciation and rental growth. This retail center offers a low barrier to entry with stable, predictable income – perfect for seasoned investors and new buyers alike. Pueblo’s steady growth and affordable real estate market make it an attractive destination for investors
Financial Summary (Actual - 2024) Click Here to Access |
Annual | Annual Per SF |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Taxes |
$99,999
|
$9.99
|
| Operating Expenses |
$99,999
|
$9.99
|
| Total Expenses |
$99,999
|
$9.99
|
| Net Operating Income |
$99,999
|
$9.99
|
Financial Summary (Actual - 2024) Click Here to Access
| Gross Rental Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Taxes | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Operating Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Freestanding
Building Size
2,116 SF
Building Class
C
Year Built
1969
Price
$425,000
Price Per SF
$200.85
Cap Rate
8.56%
NOI
$36,378
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.17
Lot Size
0.28 AC
Zoning
B1
Parking
13 Spaces (6.14 Spaces per 1,000 SF Leased)
Frontage
Nearby Major Retailers
Property Taxes
| Parcel Number | 1-5-02-2-04-026 | Total Assessment | $26,380 |
| Land Assessment | $0 | Annual Taxes | ($1) ($0.00/SF) |
| Improvements Assessment | $0 | Tax Year | 2024 |
Property Taxes
Parcel Number
1-5-02-2-04-026
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$26,380
Annual Taxes
($1) ($0.00/SF)
Tax Year
2024
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Presented by
2314-2318 Thatcher Ave
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