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2520 8th Ave
Garden City, CO 80631
Grease Monkey · Retail Property For Sale

INVESTMENT HIGHLIGHTS

  • 14.75 YEARS REMAINING ON ABSOLUTE TRIPLE NET (NNN) LEASE
  • RENT INCREASE FROM 7.50%-12.50% BASED ON CPI
  • ESSENTIAL BUSINESS THAT IS INTERNET AND RECESSION RESISTANT
  • CORPORATE GUARANTEE FROM GREASE MONKEY INTERNATIONAL (300+ UNITS)
  • UNDER MARKET RENT, PRICED BELOW REPLACEMENT COST
  • LOCATED IN DOMINANT RETAIL CORRIDOR NEAR KING SOOPERS, STARBUCKS AND MANY MORE NATIONAL RETAILERS

PROPERTY FACTS

Property Type
Retail
Property Subtype
Auto Repair
Building Size
1,400 SF
Building Class
C
Year Built
1984
Tenancy
Single
Building Height
1 Story
Building FAR
0.10
Lot Size
0.31 AC
Parking
8 Spaces (5.71 Spaces per 1,000 SF Leased)
Frontage
114’ on 8th Ave

AMENITIES

  • Pylon Sign
  • Signage

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
R3545986
Land Assessment
$36,450
Improvements Assessment
$133,650
Total Assessment
$170,100
  • Listing ID: 20522315

  • Date on Market: 8/5/2020

  • Last Updated:

  • Address: 2520 8th Ave, Garden City, CO 80631

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