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400 Main St
Walden, CO 80480
Retail Property For Sale
EXECUTIVE SUMMARY
This is the opportunity to acquire a net-leased Family Dollar located at 400 Main
Street in Walden, Colorado. The property consists of a ±9,164 square foot
freestanding building with excellent visibility along the town’s primary commercial
corridor. Walden is the county seat of Jackson County and serves as the central
hub for surrounding rural communities and outdoor tourism in northern Colorado.
The lease is corporately guaranteed by Family Dollar Stores, Inc. and structured
as a Net Lease with minimal landlord responsibilities limited to roof and
structure. The current term runs through June 30, 2028, and includes five (5)
additional five-year renewal options with no rental increases during the base or
option periods.
The property benefits from its central Main Street location and proximity to
essential local services and businesses, including Mountain Valley Bank, Antlers
Inn, North Park Inn & Suites, River Rock Café, Stockman Bar & Grill, and Timberline
Builders' Supply. These neighboring businesses contribute to the area's
commercial activity and draw consistent foot traffic to the location.
Street in Walden, Colorado. The property consists of a ±9,164 square foot
freestanding building with excellent visibility along the town’s primary commercial
corridor. Walden is the county seat of Jackson County and serves as the central
hub for surrounding rural communities and outdoor tourism in northern Colorado.
The lease is corporately guaranteed by Family Dollar Stores, Inc. and structured
as a Net Lease with minimal landlord responsibilities limited to roof and
structure. The current term runs through June 30, 2028, and includes five (5)
additional five-year renewal options with no rental increases during the base or
option periods.
The property benefits from its central Main Street location and proximity to
essential local services and businesses, including Mountain Valley Bank, Antlers
Inn, North Park Inn & Suites, River Rock Café, Stockman Bar & Grill, and Timberline
Builders' Supply. These neighboring businesses contribute to the area's
commercial activity and draw consistent foot traffic to the location.
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Property Subtype
Building Size
10,625 SF
Building Class
C
Year Built
1974
Price
$749,189
Price Per SF
$70.51
Cap Rate
9.25%
NOI
$69,300
Tenancy
Single
Building Height
1 Story
Building FAR
0.62
Lot Size
0.39 AC
Parking
12 Spaces (1.13 Spaces per 1,000 SF Leased)
Frontage
AMENITIES
- Corner Lot
- Pylon Sign
- Signage
PROPERTY TAXES
| Parcel Number | 2100171200 | Improvements Assessment | $109,981 |
| Land Assessment | $22,320 | Total Assessment | $132,301 |
PROPERTY TAXES
Parcel Number
2100171200
Land Assessment
$22,320
Improvements Assessment
$109,981
Total Assessment
$132,301
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