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3203 I-70 Business Loop
Clifton, CO 81520
New West Station · Retail Property For Sale


INVESTMENT HIGHLIGHTS
- Premier Clifton Location: Strategically positioned at the primary retail intersection of Interstate 70 Business Loop and Highway 141 (32nd Road)
- National Tenant Lineup: The center is 100% occupied by nationally recognized brands, including Jimmy John’s, Papa John’s, and Rent-A-Center.
- Attractive Co-Tenancy: Strong original tenancy with recent long-term renewals
- Regional Hub Advantage: The Grand Junction/Clifton area is the largest metropolitan hub between Denver and Salt Lake City
EXECUTIVE SUMMARY
Anchor Net Lease is pleased to present New West Station, a high-quality, 10,096-square-foot retail center located in the rapidly expanding Grand Junction suburb of Clifton, Colorado. The property is 100% NNN leased, offering investors stable, predictable cash flow supported by a strong and diverse tenant roster that includes Papa John’s, Rent-A-Center, Jimmy John’s, and an 18-month Master Lease secured by current ownership. The center is strategically positioned between two nationally recognized retailers—Sonic (NAP) and AutoZone (NAP)—which help drive consistent traffic to the site.
New West Station enjoys excellent visibility and easy access at the hard corner of Interstate 70 Business Loop and Highway 141 (32nd Road), which together see more than 45,000 vehicles per day. Surrounded by established national brands and daily needs retail, the property sits between two signalized intersections and directly adjacent to Coronado Plaza, anchored by City Market (Kroger), Walgreens, Starbucks, US Bank, and Ace Hardware. This highly synergistic retail environment further strengthens tenant performance and long-term occupancy stability.
In 2024, New West Station underwent a comprehensive renovation, enhancing both its aesthetic appeal and long-term durability. Improvements include new LED lighting, a fully resurfaced parking lot, refreshed wood and stucco façade elements, upgraded trash enclosures, and recent tenant lease extensions—all of which position the property favorably for long-term ownership with minimal near-term capital requirements. Together, these enhancements and the center’s irreplaceable location within a growing Mesa County submarket create a compelling opportunity for investors seeking a durable, management-light retail asset in a supply-constrained trade area.
New West Station enjoys excellent visibility and easy access at the hard corner of Interstate 70 Business Loop and Highway 141 (32nd Road), which together see more than 45,000 vehicles per day. Surrounded by established national brands and daily needs retail, the property sits between two signalized intersections and directly adjacent to Coronado Plaza, anchored by City Market (Kroger), Walgreens, Starbucks, US Bank, and Ace Hardware. This highly synergistic retail environment further strengthens tenant performance and long-term occupancy stability.
In 2024, New West Station underwent a comprehensive renovation, enhancing both its aesthetic appeal and long-term durability. Improvements include new LED lighting, a fully resurfaced parking lot, refreshed wood and stucco façade elements, upgraded trash enclosures, and recent tenant lease extensions—all of which position the property favorably for long-term ownership with minimal near-term capital requirements. Together, these enhancements and the center’s irreplaceable location within a growing Mesa County submarket create a compelling opportunity for investors seeking a durable, management-light retail asset in a supply-constrained trade area.
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Property Subtype
Freestanding
Building Size
10,096 SF
Building Class
B
Year Built/Renovated
2007/2024
Price
$3,395,000
Price Per SF
$336.27
Cap Rate
6%
NOI
$203,628
Percent Leased
82%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.18
Lot Size
1.29 AC
Zoning
C-2
Parking
80 Spaces (7.92 Spaces per 1,000 SF Leased)
PROPERTY TAXES
| Parcel Number | 2943-112-71-002 | Improvements Assessment | $329,950 |
| Land Assessment | $177,830 | Total Assessment | $507,780 |
PROPERTY TAXES
Parcel Number
2943-112-71-002
Land Assessment
$177,830
Improvements Assessment
$329,950
Total Assessment
$507,780
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