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720 S Broadway
Cortez, CO 81321
Jiffy Lube Multicare · Retail Property For Sale
Investment Highlights
- Absolute triple-net (NNN) lease structure with no landlord responsibilities
- Operated Lubricar, Inc., an authorized Jiffy Lube franchisee, employs 400+ employees at 40 locations, demonstrating operational scale and depth
- Cortez serves as the economic, healthcare, and retail center for Montezuma County and the surrounding Four Corners region
- Scheduled ~16.00% rental increases throughout each option provides embedded NOI growth
- Located along S Broadway (12,000 VPD), Cortez’s primary commercial corridor
- Regional service hub for Montezuma County and the Four Corners trade area
Property Facts
Property Type
Retail
Property Subtype
Building Size
1,320 SF
Building Class
C
Year Built/Renovated
1984/2006
Tenancy
Single
Building Height
1 Story
Building FAR
0.10
Lot Size
0.29 AC
Zoning
Commercial
Parking
7 Spaces (5.3 Spaces per 1,000 SF Leased)
Frontage
124’ on South Broadway
Amenities
- Signage
- Storage Space
- Monument Signage
Property Taxes
| Parcel Number | R010543 | Improvements Assessment | $71,298 |
| Land Assessment | $29,417 | Total Assessment | $100,715 |
Property Taxes
Parcel Number
R010543
Land Assessment
$29,417
Improvements Assessment
$71,298
Total Assessment
$100,715
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