130 W Frontage Rd
South Fork, CO
Price:
$1516000
Cap Rate:
6.40%
NOI:
$96,991
Building Size:
Approx. 9100 Sq. Ft.
Lot Size:
Approx. 1.18 Acres
Type:
Single-Tenant / Retail
Sub Category:
Dollar Store
Year Built:
2017
Investment Overview
- 2017 Construction. 9,100+/- SF Building on 1.18+/- Acre Site
- 15-Year Absolute Corp NNN Lease beginning September 2017
- Located along West Frontage Rd of U.S-160, and Birch Street
- Just 2-Hours NE of Durango | 4-Housrs SW from Denver, CO
- Attractions: San Luis Peak | Silver Tread Scenic & Historic Byway
- Economic Drivers: Tourism is a major player in the local county
- Top Industries: Agriculture | Health | Recreation | Tourism
- Summer peak population reaches 3,500+ residents & tourist
- 5-Mile Radius: 2017 Est Pop: 993| 3-Mile Avg HH Income: $74,725
- Developers are bullish on Colorado, more speculative space is planned