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579 US Highway 287 5,581 SF Retail Building Lafayette, CO 80026 $2,150,000 ($385.24/SF) 5.11% Cap Rate
Executive Summary
Chili's Restaurant in Lafayette Colorado. Excellent Signalized Location on US Hwy 287. Close to Walmart, Discount Tire, Arby's, Sherwin Williams and other Major Retailers.
Property Facts
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Restaurant
Building Size
5,581 SF
Building Class
B
Year Built
2006
Price
$2,150,000
Price Per SF
$385.24
Cap Rate
5.11%
NOI
$109,865
Tenancy
Single
Building Height
1 Story
Building FAR
0.10
Lot Size
1.31 AC
Zoning
C-1 - Commercial Zoned
Parking
108 Spaces (19.35 Spaces per 1,000 SF Leased)
Frontage
287’ on Us-287 Hwy
Amenities
- Freeway Visibility
- Pylon Sign
Walk Score®
Very Walkable (74)
Nearby Major Retailers
Property Taxes
| Parcel Number | 1465340-58-001 | Improvements Assessment | $298,809 |
| Land Assessment | $282,474 | Total Assessment | $581,283 |
Property Taxes
Parcel Number
1465340-58-001
Land Assessment
$282,474
Improvements Assessment
$298,809
Total Assessment
$581,283
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579 US Highway 287
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