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27152 Main St
Conifer, CO 80433
Safeway | Grocery & Gas · Retail Property For Sale
Investment Highlights
- Portfolio consisting of a 65,000-square-foot Safeway grocery store (fee simple ownership) and a 1.19-acre gas station fuel pad (ground lease).
- Over six years WALT with nine (five-year) options to extend and built-in escalations, backed by Safeway’s parent, Albertsons Companies (NYSE: ACI).
- Conifer is a popular recreation destination 40 min from Denver; this high-visibility center maximizes exposure to travelers on Hwy 285 (22,000 VPD).
- Low-responsibility NNN leases and future CapEx mitigated by a 2023 renovation of the Safeway, which integrated it with the adjoining liquor store.
- Strong direct consumer base within a 5-mile radius, boasting an average annual household income of $182,576, with few competing grocers nearby.
- Conveniently accessible for locals on the town’s main road with Conifer Senior High School and multiple national brands nearby, increasing co-traffic.
Property Facts
Property Type
Retail
Property Subtype
Building Size
65,800 SF
Building Class
A
LoopNet Rating
4 Star
Year Built/Renovated
2006/2023
Tenancy
Multiple
Building Height
1 Story
Loading Docks
3 Exterior
Building FAR
0.85
Lot Size
1.78 AC
Zoning
P-D - Planned Development
Parking
440 Spaces (6.69 Spaces per 1,000 SF Leased)
Frontage
Amenities
- Dedicated Turn Lane
- Freeway Visibility
- Signage
Property Taxes
| Parcel Number | 61-144-01-027 | Improvements Assessment | $1,650,350 |
| Land Assessment | $0 | Total Assessment | $1,650,350 |
Property Taxes
Parcel Number
61-144-01-027
Land Assessment
$0
Improvements Assessment
$1,650,350
Total Assessment
$1,650,350
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