2209 Main St
Alamosa, CO
Price:
$1,475,000
Cap Rate:
6.25%
NOI:
$92,000
Building Size:
Approx. ±510 SF Sq. Ft.
Lot Size:
Approx. 0.5 Acres
Type:
Single-Tenant / Retail
Sub Category:
Casual Dining
Year Built:
2024
Investment Overview
- 2024 Construction. 510+/- SF Building on 0.50+/- Acre Site
- Brand New 15-Year Absolute NNN Ground Lease with 10% Rental Increases Every 5 Years in both the Primary Term and Renewal Options
- Excellent Location at the Intersection on Main Street & Stuart Avenue (21,000 Combined VPD)
- Less Than One Mile from Adams State University, Alamosa High School, and Ortega Middle School
- Surrounded by Major Retailers Including Walmart, McDonald’s, Starbucks, and Tractor Supply
- 7 Brew Coffee is the Fastest-Growing Beverage Brand in the U.S., with Over 430 Locations Across 34 States
- Alamosa, CO | Gateway to Great Sand Dunes National Park (490,000+ Annual Visitors) | Population: 9,955