451 Stanley Ave
Estes Park, CO
Price:
$2936000
Cap Rate:
6.00%
NOI:
$176,119
Building Size:
Approx. 9100 Sq. Ft.
Lot Size:
Approx. 1.16 Acres
Type:
Single-Tenant / Retail
Sub Category:
Dollar Store
Year Built:
2017
Investment Overview
- 2017 Construction. 9,100+/- SF Building on 1.16+/- Acre Site
- 15-Year Absolute Corp NNN Lease beginning October 2017
- Located at the corner of Stanley Ave & St. Vrain Ave (10K VPD)
- Popular summer resort & HQ for Rocky Mountain National Park
- Underserved Retail Market with Natural Barriers to entry
- Just 1.5-Hours equidistant from Ft. Collins & Denver Colorado
- Attractions: Rocky MTN National Park | Bear Lake | Longs Peak
- Economic Drivers: Tourism is a major player in the local county
- Top Industries: Retail | Entertainment | Recreation | Tourism
- 3-Mile Radius: 2017 Est Pop: 9,029| Average HH Income: $71,542