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Family Dollar 809 Main Street

8,000 SF Retail Building Antonito, CO 81120 $925,000 ($116/SF) 8% Cap Rate

Retail Buildings Colorado Antonito 809 Main Street, Antonito, CO 81120

Investment Highlights

  • Family Dollar with approximately 3 years remaining on the primary lease term with four, 5-year options and rental increases in each option period
  • Family Dollar recently extended their lease in April 2022, showing commitment to the location and store
  • US Route 285 runs through Antonito, CO, and connects directly to Interstate 25, which connects straight to Santa Fe, NM, the Capital of New Mexico
  • Family Dollar Corporate has submitted a signed LOI for this store to become a Family Dollar/Dollar Tree combo store (contact broker for details)
  • Above average sales for this location with limited competition in the 10-mile radius (contact agent for details)
  • Subject property is located approximately 28 miles from Alamosa, CO, with a population of 10,000 and home to San Luis Valley Regional Airport

Executive Summary

Recently extended lease with above average store sales

Attachments

FamilyDollar_AntonitoCO

Property Facts

Sale Type
Investment
Property Type
Retail
Property Subtype
Freestanding
Building Size
8,000 SF
Year Built
2012
Price
$925,000
Price Per SF
$116
Cap Rate
8%
NOI
$74,000
Tenancy
Single
Building Height
1 Story
Building FAR
0.26
Lot Size
0.70 AC
Parking
21 Spaces
Frontage
92 FT on Main Street
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PROPERTY TAXES

Parcel Number 598720413001 Improvements Assessment $125,878
Land Assessment $16,467 Total Assessment $142,345

PROPERTY TAXES

Parcel Number
598720413001
Land Assessment
$16,467
Improvements Assessment
$125,878
Total Assessment
$142,345
(415) 307-9010

Contact

  • Listing ID: 26763767

  • Date on Market: 10/3/2022

  • Last Updated:

  • Address: 809 Main Street, Antonito, CO 81120

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Family Dollar | 809 Main Street
(415) 307-9010 x

Family Dollar | 809 Main Street

Zandy Smith

(415) 307-9010

(415) 307-9010

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