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4255 S Santa Fe Dr

4,900 SF Retail Building Sheridan, CO 80110 $3,500,000 ($714/SF) 6.48% Cap Rate

Investment Highlights

  • Stable Retail Investment
  • Excellent Visibility
  • Additional Land Available

Executive Summary

The subject property has a 4,900 sf retail building with a lease in place through Oct 31, 2027, with options that could be extended until 2042.
Available for $3,500,000
The adjoining 1.17 ac is also available for sale for $2,500,00

Property Facts

Sale Type
Investment NNN
Sale Condition
1031 Exchange
Property Type
Retail
Property Subtype
Freestanding
Building Size
4,900 SF
Building Class
C
Year Built
1940
Price
$3,500,000
Price Per SF
$714
Cap Rate
6.48%
NOI
$226,800
Tenancy
Single
Building Height
1 Story
Building FAR
0.15
Lot Size
0.73 AC
Opportunity Zone
Yes
Zoning
BUS-1, Sheridan - to provide for areas that encourage a mixture of civic, office, retail, restaurant, housing and cultural land uses
Parking
145 Spaces
Frontage
324 FT on S Santa Fe Dr

Amenities

  • Pylon Sign
  • Signage

Nearby Major Retailers

Buffalo Wild Wings
Old Chicago Pizza
Chili's Grill & Bar
Dutch Bros
HuHot Mongolian Grill
Starbucks
Texas Roadhouse
Golden Corral
CrossFit
King Soopers

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
2077-04-3-09-001
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$235,665
  • Listing ID: 30481809

  • Date on Market: 12/29/2023

  • Last Updated:

  • Address: 4255 S Santa Fe Dr, Sheridan, CO 80110

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