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821 W Tomichi Ave
Gunnison, CO 81230
Alta: Gunnison, CO · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- Absolute NNN lease features ±15.3 years remaining and zero landlord obligations as Tenant is solely responsible for taxes, insurance and maintenance.
- Operating history of over 25 years.
- 7.5% rent increases in 2031, 2036 and in each of the four 5-year renewal options.
EXECUTIVE SUMMARY
CBRE is pleased to exclusively offer for sale the 1,791-square-foot Alta convenience store and gas station situated on 0.80 acres in Gunnison, CO. Alta’s absolute NNN lease features ±15.3 years remaining and zero landlord obligations as Tenant is solely responsible for taxes, insurance and maintenance.
Business is not for sale.
Business is not for sale.
PROPERTY FACTS
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Service Station
Building Size
1,855 SF
Building Class
C
Year Built
2000
Price
$1,994,970
Price Per SF
$1,075.46
Cap Rate
6.75%
NOI
$134,660
Tenancy
Single
Building Height
1 Story
Building FAR
0.12
Lot Size
0.36 AC
Opportunity Zone
Yes
Parking
6 Spaces (3.23 Spaces per 1,000 SF Leased)
Frontage
109’ on Tomichi Avenue
PROPERTY TAXES
| Parcel Number | R002221 | Improvements Assessment | $110,580 |
| Land Assessment | $53,240 | Total Assessment | $163,820 |
PROPERTY TAXES
Parcel Number
R002221
Land Assessment
$53,240
Improvements Assessment
$110,580
Total Assessment
$163,820
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