502 E 8th Ave
Yuma, CO 80759
Shopko Hometown · Retail Property For Sale

Marcus & Millichap is pleased to offer for sale a single tenant 21,384-square foot building in Yuma, Colorado, occupied by Shopko Hometown. The property was a Former Alco store built in 1987. Shopko commenced a 10-year double-net lease on July 1, 2015 and expiring on June 30, 2025. The current rental rate is $1.87 per square foot and increases 3 percent on the sixth anniversary of the lease term. Tenant maintains CAM. Landlord is responsible for metal roof and structure. Founded in 1962 and headquartered in Green Bay, Wisconsin, Shopko Stores Operating Co., LLC is a $3 billion retailer that operates over 363 stores in 24 states throughout the Midwest, Mountain, North Central and Pacific Northwest regions. Retail formats include 131 Shopko stores, providing quality name-brand merchandise, great values, pharmacy and optical services in small to mid-sized cities; five Shopko Express Rx stores, a convenient neighborhood drugstore concept; five Shopko Pharmacy locations; and 222 Shopko Hometown stores, a smaller concept store developed to meet the needs of smaller communities. In 2012, Shopko stores merged with Midwest chain Pamida. Both are owned by Sun Capital Partners. The City of Yuma is included in the Yuma Metropolitan Statistical Area and is the most populous city in Yuma County, Colorado, United States. The estimated population in Yuma is 3,606. Yuma County has a population of 10,202 which is made up of three cities; Wray, Yuma, Eckley, and Laird. Yuma is 21 miles away from its closest city, Wray, Colorado (the county seat). Yuma’s top employers are Yuma Proving Ground, Marine Air Corps Station, The City of Yuma, Yuma Elementary District 1, Yuma District Hospital, and Date Pac, LLC.