This feature is unavailable at the moment.
We apologize, but the feature you are trying to access is currently unavailable. We are aware of this issue and our team is working hard to resolve the matter.
Please check back in a few minutes. We apologize for the inconvenience.
- LoopNet Team
1920 Freedom Rd
Trinidad, CO 81082
Burger King · Retail Property For Sale
PROPERTY FACTS
- Fast Food
- General Retail Freestanding
About 1920 Freedom Rd , Trinidad, CO 81082
Blue West Capital is pleased to exclusively market for sale a single tenant Burger King property located in Trinidad, CO. There are over 17 years remaining on the absolute triple net lease that features 7.5% rental increases every five years. BK has operated at this location since 2004 and recently exercised an early 20-year lease extension. The building was recently renovated (2016) to Burger King’s current proto-type with over $600,000 invested into the property. The property is strategically located along Interstate-25 with superior visibility and a large pylon sign. There is minimal fast food competition in the surrounding area. The property is located directly across the interstate from the Las Animas Fair Grounds and the property is surrounded by AutoZone, Family Dollar, Big R Stores, Hibbett Sports, Bealls, and Pizza Hut. Trinidad is the county seat and most populous city of Las Animas County. Trinidad is 195 miles south of Denver and approximately 20 miles north of the Colorado-New Mexico border. Trinidad’s economy is currently experiencing a boom due to the town’s progressive policies, location on the highway, and its proximity to the state border. According to a recent Denver Post report, “While the bulk of Colorado’s $1.09 billion in 2017 recreational marijuana sales occurred in the state’s population hubs of Denver and Arapahoe counties, rural Las Animas County, population 14,083, led the state with more than $3,100 of recreational cannabis sold for every adult and child.” This total amount of revenue generated is estimated to be just under $45 million annually.
Links
PROPERTY TAXES
Parcel Number | 13496000 | Improvements Assessment | $51,720 |
Land Assessment | $37,790 | Total Assessment | $89,510 |
PROPERTY TAXES
Learn More About Investing in Retail Properties
Listing ID: 16174862
Date on Market: 5/28/2019
Last Updated:
Address: 1920 Freedom Rd, Trinidad, CO 81082
The Retail Property at 1920 Freedom Rd, Trinidad, CO 81082 is no longer being advertised on LoopNet.com. Contact the broker for information on availability.